2024-07-15T11:53:50-05:00 2023-08-31 132781641 MITCHELL & TITUS LLP 80 PINE STREET NEW YORK NY 10005 990 2022-09-01 237313407 THE PEOPLE'S LIGHT & THEATRE COMPANY PEOP 6106471900 39 CONESTOGA RD MALVERN PA 193551737 ZAK BERKMAN PRODUCING ARTISTIC DIRECTOR 6106471900 2024-07-15 1 ZAK BERKMAN 999009999 0 FREDERICK E DAVIS JR P00446023 2127094500 2024-07-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ZAK BERKMAN 39 CONESTOGA RD MALVERN PA 193551737 5236417 0 X WWW.PEOPLESLIGHT.ORG X 1974 PA PEOPLE'S LIGHT, A CULTURAL AND CIVIC CENTER WITH THEATRE AT ITS CORE, INVITES AND CREATES OPPORTUNITIES FOR DIVERSE COMMUNITIES TO DISCOVER AND CELEBRATE OUR SHARED HUMANITY 28 26 225 20 0 0 5020883 2606097 567155 920434 523538 389656 496726 439751 6608302 4355938 0 0 0 0 3883385 4046899 0 0 617376 2435488 3055448 6318873 7102347 289429 -2746409 21056764 20123505 1720399 2991775 19336365 17131730 PEOPLE'S LIGHT, A CULTURAL AND CIVIC CENTER WITH THEATRE AT ITS CORE, INVITES AND CREATES OPPORTUNITIES FOR DIVERSE COMMUNITIES TO DISCOVER AND CELEBRATE OUR SHARED HUMANITY. 0 0 4579650 0 834568 MAINSTAGE SERIES PROVIDES APPROXIMATELY 60,000 PEOPLE WITH CULTURALLY DIVERSE DRAMA FROM KNOWN CLASSICS TO CONTEMPORARY PLAYS. 295147 0 85866 ARTS DISCOVERY, OUTREACH PROGRAMS, AND THEATRE SCHOOL PROVIDE MORE THAN 11,000 INTERACTIONS WITH SCHOOL STUDENTS. SECONDARY SCHOOL WORKSHOPS DEMONSTRATE THE CREATION AND PERFORMANCE OF A PLAY. THEATRE SCHOOL CLASSES ARE PROVIDED FOR THE EDUCATION OF THE COMMUNITY AND CULTURAL ENRICHMENT. 4874797 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 89 0 225 1 0 0 0 0 0 1 1 0 0 0 0 X 28 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X ZAK BERKMAN 6106471900 39 CONESTOGA RD MALVERN PA 193551737 KENNETH B MUMMA PRESIDENT UNTIL 5/2023 1.00 0.00 X X 0 0 0 KATHERINE H MCNABB PRES.-ELECT UNTIL 5/2023, PRES. FROM 6/2023 1.00 0.00 X X 0 0 0 KATHLEEN C GUBANICH VICE PRESIDENT 1.00 0.00 X X 0 0 0 BARBARA A AUSTELL TRUSTEE 1.00 0.00 X 0 0 0 JOHN E BARTH TRUSTEE 1.00 0.00 X 0 0 0 DIANE BISHOP TRUSTEE 1.00 0.00 X 0 0 0 THOMAS H JOHANTGEN TRUSTEE 1.00 0.00 X 0 0 0 PATRICK D LUSK SECRETARY FROM 5/2023 1.00 0.00 X X 0 0 0 JEFFREY B MCGROARTY TREASURER 1.00 0.00 X X 0 0 0 MELANYE FINNESTER TRUSTEE FROM 9/2022 1.00 0.00 X 0 0 0 MO PAKNEJAD TRUSTEE 1.00 0.00 X 0 0 0 JAMES RYLAND TRUSTEE 1.00 0.00 X 0 0 0 NICOLE SAKOWITZ TRUSTEE 1.00 0.00 X 0 0 0 JOHN SCHMADER TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL SMITH TRUSTEE 1.00 0.00 X 0 0 0 SARAH SNYDER WITTIG TRUSTEE 1.00 0.00 X 0 0 0 JOHN E SPELLMAN TRUSTEE 1.00 0.00 X 0 0 0 L FREDERICK SUTHERLAND TRUSTEE 1.00 0.00 X 0 0 0 HEATHER HOYT TRUSTEE 1.00 0.00 X 0 0 0 AMANDA SCHALICH TRUSTEE 1.00 0.00 X 0 0 0 ROGER IDEISHI TRUSTEE UNTIL 5/2023 1.00 0.00 X 0 0 0 MARIAN MOSKOWITZ EX-OFFICIO 1.00 0.00 X 0 0 0 DIANE L ZWAAN TRUSTEE 1.00 0.00 X 0 0 0 THOMAS P HOGAN SECRETARY UNTIL 5/2023 1.00 0.00 X X 0 0 0 RENE BATTISTI TRUSTEE 1.00 0.00 X 0 0 0 ROB JEFFERSON TRUSTEE 1.00 0.00 X 0 0 0 ABIGAIL ADAMS DIR. OF SPECIAL PROJECTS AND TRUSTEE 15.00 0.00 X X 200000 0 26071 KATHRYN MORONEY STAFF REP 40.00 0.00 X 58742 0 9390 ERICA EZOLD MANAGING DIRECTOR 40.00 0.00 X 94534 0 10826 ZAK BERKMAN PRODUCING ARTISTIC DIRECTOR 40.00 0.00 X 132875 0 26645 486151 0 72932 2 0 1 0 0 155263 14500 2436334 76267 2606097 SINGLE TICKET SALES 711110 667276 667276 SUBSCRIPTION SERIES TICKETS 711110 167292 167292 TUITION INCOME 611600 58078 58078 RESIDENCY & WORKSHOP FEES 611600 27788 27788 920434 288577 288577 3165 0 3165 3165 3165 760796 659717 101079 101079 101079 266022 155263 215351 50671 50671 30000 5411 24589 24589 MISCELLANEOUS INCOME 900099 253492 253492 BUILDING MAINTENANCE FEES 711110 47175 47175 HANDLING FEES 711110 43579 43579 17080 17080 361326 4355938 1028268 0 721573 533000 278000 155000 100000 2665049 1857505 573674 233870 133782 92896 17591 23295 415423 287907 86236 41280 299645 212405 60558 26682 10000 10000 74165 74165 277590 276752 838 477317 477317 89403 42564 38574 8265 65692 65692 323955 323955 202675 194847 5516 2312 33967 5011 27457 1499 43992 26395 8798 8799 294389 176634 58878 58877 113128 113128 OTHER EXPENSES 798880 502958 231936 63986 PRODUCTION EXPENSE 328735 328735 SOFTWARE EQUIPMENT 66622 66622 SUBSCRIPTION 49179 49179 -194241 -242752 48511 7102347 4874797 1610174 617376 932685 1633636 1669868 345999 4125561 2090968 33080 31224 390153 351072 9548467 6964532 2702846 2583935 10989677 12191476 212894 895195 21056764 20123505 267988 343727 280651 283984 1171760 2153241 0 210823 1720399 2991775 X 7425081 5220446 11911284 11911284 19336365 17131730 21056764 20123505 -2746409 564274 -22500 0 X 0 1 X 1 0 X 8436847 5516949 2105179 5020883 2606097 23685955 1860217 1140100 83251 648234 1028268 4760070 10297064 6657049 2188430 5669117 3634365 28446025 1278355 1514647 283220 235177 1276020 4587419 0 1278355 1514647 283220 235177 1276020 4587419 23858606 205572 188741 195613 263396 288577 1141899 205572 188741 195613 263396 288577 1141899 42449 97171 209574 361900 253492 964586 10545085 6942961 2593617 6294413 4176434 30552510 0.78090 0.81810 0.03740 0.03420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10692998 1050000 151799 11894797 12105161 1350000 -2762163 10692998 9395510 1000000 1709651 12105161 8026357 625000 744153 9395510 7607237 625000 -205880 8026357 0 0 124494 124494 2559525 2329036 230489 4444753 3487794 956959 2419695 1147702 1271993 2583935 LEASE LIABILITIES -OPERATING LEASES 210823 210823 X PART V, LINE 4: THE THEATRE PERIODICALLY APPROPRIATES INVESTMENT EARNINGS ON THE ENDOWMENT FUNDS FOR PURPOSES DESIGNATED BY DONORS. PART X, LINE 2: THE THEATRE EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING ITS TAX RETURNS TO DETERMINE WHETHER IT IS MORE-LIKELY-THAN-NOT (I.E., GREATER THAN 50%) THAT EACH TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD ARE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. IF APPLICABLE, THE THEATRE RECOGNIZES INTEREST ACCRUED RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST EXPENSE ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES. HOWEVER, MANAGEMENT'S CONCLUSIONS REGARDING TAX POSITIONS TAKEN MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A FUTURE DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, EXAMINATION BY TAX AUTHORITIES, ONGOING ANALYSIS OF AND CHANGES TO TAX LAWS, AND RELATED REGULATIONS AND INTERPRETATIONS. DURING THE YEAR, THE THEATRE DID NOT INCUR ANY INTEREST OR PENALTIES. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE THEATRE AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR FURTHER DISCLOSURE IN THE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE THEATRE IS SUBJECT TO AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS FOR ANY PERIODS ARE CURRENTLY IN PROGRESS. MANAGEMENT BELIEVES THAT THE THEATRE IS NO LONGER SUBJECT TO SUCH AUDITS FOR YEARS PRIOR TO 2020 UNDER FEDERAL, STATE, AND LOCAL TAX JURISDICTIONS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING - LONDON TOURS 126547 0 0 0 0 0 0 126547 0 126547 0 0 0 0 0 0 PART I, LINE 3: EXPENDITURES REPORTED IN COLUMN F ARE BASED ON THE ORGANIZATION'S BOOKS AND RECORDS. PART III ACCOUNTING METHOD: AUCTION 185190 112857 72333 8802 3608 30624 LONDON TOUR 144412 5700 138712 122919 3628 2 91683 36706 54977 696 19320 21913 3841 421285 155263 266022 9498 19320 148440 38093 215351 50671 30000 5100 311 0 30000 5100 311 5411 24589 PA 1 0 0 0 1.00000 JANE MOSS 39 CONESTOGA ROAD MALVERN PA 193551737 0 JANE MOSS X 0 X 0 0 0 0 0 0 0 0 0 ABIGAIL ADAMS DIR. OF SPECIAL PROJECTS AND TRUSTEE 200000 0 0 0 0 0 20000 0 6071 0 226071 0 0 0 ZAK BERKMAN PRODUCING ARTISTIC DIRECTOR 132875 0 0 0 0 0 15300 0 11345 0 159520 0 0 0 X 1 25000 APPRAISAL X 3 49424 FMV - CONTRIB DATE X AUCTION ITEM 53 8802 COST BASIS X RAFFLE ITEM 2 5100 COST BASIS X STORE GIFT CERTIFICATE 0 1000 COST BASIS X BOX OF CIGAR AND WINE BOTTLES 3 843 COST BASIS X GOLF 12 697 COST BASIS 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A BROKERAGE FIRM TO SELL THE CONTRIBUTED STOCK UPON RECEIPT. PART I, LINE 33: LINE 9, PUBLICLY TRADED SECURITIES, INCLUDES $31,250 IN DONATED STOCK FROM ONE CONTRIBUTOR WHICH WAS RECEIVED DURING FYE 8/31/2023 FOR PAYMENTS ON A PRIOR YEAR PLEDGE AND THEREFORE NOT INCLUDED IN PART VIII REVENUE. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION AND SCHEDULES ARE PREPARED BY THE DIRECTOR OF FINANCE & OPERATIONS FOR THE 990. INDEPENDENT ACCOUNTANTS PREPARE THE 990 WHICH IS THEN REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE & OPERATIONS. THE DIRECTOR OF FINANCE & OPERATIONS REVIEWS THE RETURNS WITH THE FINANCE COMMITTEE. THE FINANCE COMMITTEE RECOMMENDS APPROVAL TO THE BOARD AND THE BOARD IS GIVEN THE RETURN FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EVERY JUNE, THE BOARD IS GIVEN A COPY OF THE POLICY AND A FORM TO DISCLOSE ANY POTENTIAL CONFLICTS. THE GENERAL MANAGER MAINTAINS THESE FORMS WHICH ARE REVIEWED BY THE EXECUTIVE ARTISTIC DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE EXECUTIVE COMMITTEE ANNUALLY DETERMINE THE COMPENSATION PACKAGE OF THE KEY EXECUTIVE OFFICERS OF THE THEATRE. THE PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE UTILIZE THEATRE COMMUNICATIONS GROUP ANNUAL SALARY SURVEY (AND OTHER DATA AS REQUESTED) TO DETERMINE IF THE SALARIES APPROPRIATELY FIT WITHIN THE RANGES FOR THEATRES OF LIKE BUDGET, SIZE AND LOCATION. THE BOARD APPROVES MANAGEMENT'S RECOMMENDATIONS FOR ALL SALARIES, RAISE PERCENTAGES AND BENEFITS FOR ALL EMPLOYEES WHEN APPROVING THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ACTOR'S INN 39 CONESTOGA ROAD MALVERN PA 19355 251858788 CATERING PA PEOPLE'S LIGHT C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 ACTOR'S INN N 242752 BOOK ALLOCATION