2024-10-29T12:51:15-05:00 2024-06-30 383567911 REHMANN ROBSON LLC MILLIKEN PLACE 107 S CASS STE A TRAVERSE CITY MI 49684 990 2023-07-01 382095449 OLD TOWN PLAYHOUSE INC OLDT 2319472210 PO BOX 262 TRAVERSE CITY MI 496850262 DEBRA JACKSON EXECUTIVE DIRECTOR 2319472210 2024-10-28 1 1 JEFFREY E HERT CPA P00066715 2319463230 2024-10-28 2023 2024-10-15 13:58:12Z DEBRA JACKSON PO BOX 262 TRAVERSE CITY MI 496850262 931993 0 X WWW.OLDTOWNPLAYHOUSE.COM X 1960 MI TO BE A VOLUNTEER-BASED ORGANIZATION PROMOTING QUALITY COMMUNITY THEATRE EXPERIENCES FOR THE PEOPLE OF NORTHWEST MICHIGAN BY PROVIDING EDUCATIONAL OPPORTUNITIES AND ENTERTAINMENT IN THE THEATRICAL ARTS. 13 13 44 569 0 0 483382 348493 404148 507147 9139 16710 -47544 -18444 849125 853906 0 0 0 0 409492 438070 0 0 65488 483701 481728 893193 919798 -44068 -65892 1500353 1449698 119248 134485 1381105 1315213 TO BE A VOLUNTEER-BASED ORGANIZATION PROMOTING QUALITY COMMUNITY THEATRE EXPERIENCES FOR THE PEOPLE OF NORTHWEST MICHIGAN BY PROVIDING EDUCATIONAL OPPORTUNITIES AND ENTERTAINMENT IN THE THEATRICAL ARTS. 0 0 638295 438890 THIS YEAR WE PROVIDED 23 COMMUNITY THEATRE PRODUCTONS WHICH PROMOTED THE CULTURE AND LITERARY DEVELOPMENT OF OUR NORTHERN MICHIGAN COMMUNITY. WE PROVIDED OPPORTUITIES FOR INDIVIDUALS TO PARTICIPATE IN ALL ASPECTS OF THE DRAMATIC ARTS. TICKET SALES COMPRISED OF OVER 14,371 SEATS. WE ALSO PROVIDED AN OPPORTUNITY FOR LOCAL ARTISTS TO PRESENT PERFORMANCES TO OUR PATRONS. WE WERE ONE OF THE VENUES FOR THE TRAVERSE CITY COMEDY FESTIVAL WHICH PRIVIDED PERFORMANCES OF MULTIPLE COMEDIANS AND HOSTED THE PREMIER SHOWING OF THE MOVIE "DJ ON WALLAKER HILL". 121056 75695 WE WERE ABLE TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR OVER 405 CHILDREN AND YOUNG ADULTS THROUGH OUR EDUCATIONAL ARM OF THE THEATRE. 247 1311 WE PRODUCED READERS STYLE PRODUCTIONS. MEMBERS WHO PERFORMED RANGE IN AGE FROM 55 TO 94 YEARS OF AGE. THEY PERFORMED IN OUR FACILITY AND ALSO DID COMMUNITY OUTREACH. THIS ENCOURAGES LIVELONG PARTICIPATION IN THE THEATRE ARTS. 759598 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 1 44 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MI X X MARGARET BRACE 2319472210 PO BOX 262 TRAVERSE CITY MI 496850262 PAUL JARBOE PRESIDENT 3.00 X X 0 0 0 KERR ANDERSON VICE PRESIDENT 0.75 X X 0 0 0 MARCY HERMANN SECRETARY 1.00 X X 0 0 0 CHUCK MOESER TREASURER 2.00 X X 0 0 0 RITA WHALEY DIRECTOR 0.75 X 0 0 0 NANCY BRICK DIRECTOR 0.75 X 0 0 0 CHRIS RADU DIRECTOR 0.75 X 0 0 0 CARLY MCCALL DIRECTOR 0.75 X 0 0 0 MARGARET BRACE DIRECTOR 8.00 X 0 0 0 KAREN FEAHR DIRECTOR 0.75 X 0 0 0 MICHAEL BINSTEAD DIRECTOR 0.75 X 0 0 0 LINDSAY RAYMOND DIRECTOR 0.75 X 0 0 0 HT SNOWDAY DIRECTOR 0.75 X 0 0 0 DEB OETJENS JACKSON EXECUTIVE DIRECTOR 40.00 X 69500 0 8601 69500 0 8601 0 0 0 0 0 92130 27400 228963 34758 348493 ADMISSIONS 711110 372985 372985 CLASSES & WORKSHOPS 711110 123270 123270 PROGRAM ADVERTISING 711300 6704 6704 CONCESSIONS 711110 3778 3778 COSTUME RENTAL 711300 410 410 507147 16710 16710 4500 0 4500 4500 4500 49324 92130 77162 -27838 -27838 1570 925 645 645 MISCELLANEOUS 900099 4249 4249 4249 853906 515896 0 -10483 73927 11089 25874 36964 301268 295469 5303 496 34510 33138 1372 28365 23489 2179 2697 11765 11765 28256 26903 240 1113 34268 33696 572 17659 14772 1943 944 5638 5000 638 61956 53284 4591 4081 1685 1319 366 98796 84396 14400 12203 9697 2506 PRODUCTION COSTS 118310 117247 1063 SUPPLIES 40585 29192 2094 9299 FEES & SERVICE CHARGES 18121 427 17644 50 SUBSIDIZING 13691 13691 18795 6789 3797 8209 919798 759598 94712 65488 26624 76023 502476 415083 4200 1800 1559 17206 0 685 26053 56480 2038605 1263127 837602 775478 101839 106943 1500353 1449698 19457 12201 99791 122284 119248 134485 X 1329790 1261352 51315 53861 1381105 1315213 1500353 1449698 -65892 0 X X 1 X 0 1 0 X 228413 366183 606145 311300 266421 1778462 372166 513901 402158 404163 508717 2201105 600579 880084 1008303 715463 775138 3979567 23544 11083 5385 33123 20767 93902 6312 878 7190 29856 11961 5385 33123 20767 101092 3878475 18211 6978 3414 11054 21210 60867 18211 6978 3414 11054 21210 60867 62036 1302 2721 86321 152380 618790 949098 1013019 729238 882669 4192814 0.92500 0.91280 0.01450 0.01230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 606073 74789 20740 6480 653642 476969 100000 49314 20210 606073 568484 -71594 19920 476969 449753 137191 18460 568484 461164 425 6584 18420 449753 0.08000 0.84000 0.08000 1 0 20000 20000 1666842 1191950 474892 102767 5500 97267 222219 54583 167636 26777 11094 15683 775478 X PART V, LINE 4: THE PERMANENT ENDOWMENT IS HELD BY THE GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION. EARNINGS ARE RECEIVED ANNUALLY AND USED FOR THE ORGANIZATIONS OPERATING ACTIVITIES. THE DONOR RESTRICTED ENDOWMENT HAS BEEN DESIGNATED FOR IMPROVEMENTS TO THE PLAYHOUSE'S MAIN BUILDING. NO AMOUNTS WERE APPROVED FOR APPROPPRIATION DURING 2024. DISTRIBUTIONS FROM THE BOARD DESIGNATED ENDOWMENT IS DETERMINED BASED ON THE NEEDS OF THE ORGANIZATION AND THE BOARD'S DETERMINATION OF AVAILABILITY OF FUNDS. NO AMOUNTS WERE APPROVED FOR APPROPRIATION FROM THIS ENDOWMENT DURING 2024. PART X, LINE 2: THE PLAYHOUSE IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. ALTHOUGH THE PLAYHOUSE WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." THE PLAYHOUSE HAS BEEN CLASSIFIED AS NOT A PRIVATE FOUNDATION. THE PLAYHOUSE CONSIDERS WHETHER IT HAS ENGAGED IN ACTIVITIES THAT JEOPARDIZE ITS CURRENT TAX-EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE. FURTHERMORE, THE PLAYHOUSE DETERMINES WHETHER IT HAS ANY UNRELATED BUSINESS INCOME, WHICH MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE PLAYHOUSE HAS EVALUATED YEARS 2021 THROUGH 2024, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2024, FOR UNCERTAIN TAX POSITIONS. THE PLAYHOUSE CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE PLAYHOUSE'S FINANCIAL STATEMENTS. THE PLAYHOUSE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE PLAYHOUSE DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT JUNE 30, 2024, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. B&W GALA JUNE 2024 141454 92130 49324 3330 17400 9383 47049 141454 92130 49324 3330 17400 9383 47049 77162 -27838 X AUCTION ITEMS AND MISCELLANEOUS DONATIONS 58 34758 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE PRESIDENT, VICE PRESIDENT, TREASURER, AND EXECUTIVE DIRECTOR PRIOR TO FILING. COPIES ARE THEN SHARED WITH THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED ANNUALLY TO FILL OUT A QUESTIONAIRE DISCLOSING ANY CONFLICT OF INTEREST. THESE QUESTIONAIRES ARE SIGNED BY EACH BOARD MEMBER AND RETAINED IN THE OFFICE. FORM 990, PART VI, SECTION B, LINE 15 FOR THE EXECUTIVE DIRECTOR, THE EXECUTIVE COMMITTEE (WHICH INCLUDES AN HR PROFESSIONAL), USES COMPARATIVE INDUSTRY STUDIES AND DOES AN ANNUAL REVIEW OF PERFORMANCE OF THE EXECUTIVE DIRECTOR. FOR OTHER OFFICERS OR KEY EMPLOYEES, THE EXECUTIVE DIRECTOR DOES AN ANNUAL REVIEW OF EACH EMPLOYEE. COMPENSATION IS DETERMINED BASED ON APPROPRIATE NON-PROFIT STANDARDS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS MADE AVAILABLE IN THE OFFICE UPON REQUEST AND ON THE ORGANIZATIONS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BYLAWS AND POLICIES ARE AVAILABLE ONLINE ON ITS WEBSITE AND IN THE OFFICE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE IN THE OFFICE UPON REQUEST. FORM 990, PART XI, LINE 2C OVERSIGHT OF THE REVIEW PROCESS: A BOARD MEMBER PROVIDES OVERSIGHT OF THE REVIEW. THE REVIEWED FINANCIAL STATEMENTS ARE PROVIDED TO THE BOARD MEMBER PRIOR TO PRESENTATION/DISCUSSION AT A FUTURE BOARD MEETING. ONCE THE BOARD IS SATISFIED WITH THE REVIEW AND ITS FINDINGS, THE REVIEW IS ACCEPTED BY THE BOARD OF DIRECTORS. THERE HAS BEEN NO CHANGE IN THIS PROCESS.