2024-03-06T16:26:03-06:00 2023-06-30 111986323 MARCUM LLP 777 S FIGUEROA STREET SUITE 2900 LOS ANGELES CA 90017 990 2022-07-01 237381137 THE GROUNDLINGS THEG 3239344747 7307 MELROSE AVENUE LOS ANGELES CA 90046 CARRIE LAFERLE GERGELY MANAGING DIRECTOR 3239344747 2024-03-02 1 CARRIE LAFERLE GERGELY XXX-XX-XXXX 0 ROBERT L BABEK P00570618 3104327400 2024-03-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CARRIE LAFERLE GERGELY 7307 MELROSE AVENUE LOS ANGELES CA 90046 2814710 0 X WWW.GROUNDLINGS.COM X 1974 CA THE THEATER'S PURPOSE IS TO CULTIVATE TOP COMEDIC TALENT THROUGH ITS SCHOOL AND PRODUCTIONS. THE FOUR PART CURRICULUM (BASIC, INTERMEDIATE, LAB AND ADVANCED) GIVES STUDENTS A SYSTEMATIC APPROACH TO LEARNING IMPROVISATION AND WRITING SKILLS. 9 9 123 0 0 0 1213972 45184 1582583 2698076 -213404 51975 14661 18656 2597812 2813891 0 0 0 0 1352935 2060907 0 0 27001 1160657 1158277 2513592 3219184 84220 -405293 8629630 8249901 2548700 2581317 6080930 5668584 THE THEATER'S PURPOSE IS TO CULTIVATE TOP COMEDIC TALENT THROUGH ITS SCHOOL AND PRODUCTIONS. THE FOUR PART CURRICULUM (BASIC, INTERMEDIATE, LAB AND ADVANCED) GIVES STUDENTS A SYSTEMATIC APPROACH TO LEARNING IMPROVISATION AND WRITING SKILLS. 0 0 2683684 2698076 THE ART OF IMPROVISATIONAL COMEDY WAS TAUGHT TO SEVERAL HUNDRED STUDENTS IN SEMINARS AND THEATER WORKSHOPS. 2683684 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 24 0 1 123 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CARRIE LAFERLE GERGELY 3239344747 7307 MELROSE AVENUE LOS ANGELES CA 90046 NICK ANTONIAN DIRECTOR 1.00 X 0 0 0 PHYLLIS KATZ DIRECTOR 1.00 X 0 0 0 JANDIZ CARDOSO DIRECTOR 1.00 X 0 0 0 JONATHAN SANCHEZ-LEOS DIRECTOR 1.00 X 0 0 0 JOSEPH YOSHITOMI DIRECTOR 1.00 X 0 0 0 MATTHEW LEVY DIRECTOR 1.00 X 0 0 0 JESSICA POHLY DIRECTOR 1.00 X 0 0 0 CHRISTOPHER ECKERT DIRECTOR 1.00 X 0 0 0 LAUREN BURNS DIRECTOR 1.00 X 0 0 0 CARRIE LAFERLE GERGELY MANAGING DIRECTOR 40.00 X 96318 0 0 96318 0 0 0 0 0 0 0 45184 45184 SCHOOL TUITION 611600 1995965 1995965 SHOW RELATED INCOME 611710 702111 702111 2698076 52794 52794 3770 0 3770 3770 3770 819 -819 -819 -819 OTHER 611710 14886 14886 14886 2813891 2698076 0 70631 X 96318 96318 1784044 1749165 26965 7914 180545 167948 11837 760 61729 61729 108509 89391 7868 11250 60027 7834 47333 4860 74455 55403 19052 75069 75069 93979 87421 6162 396 149458 131452 17411 595 BUILDING REPAIRS, MAINT 191895 178507 12580 808 VIDEOGRAPHY AND OTHER S 91071 91071 BANK CHARGES AND MERCHA 89938 3228 86710 PROPERTY TAXES AND LICE 82156 71550 10282 324 79991 50714 29183 94 3219184 2683684 508499 27001 768961 573521 3035955 2921290 7106 31461 6249691 1526062 4817608 4723629 8629630 8249901 188825 194905 227575 306496 2132300 2079916 2548700 2581317 X 5986960 5602552 93970 66032 6080930 5668584 8629630 8249901 -405293 -7053 0 X X 0 1 X 1 0 X 2340772 2340772 3316288 1526062 1790226 268536 268536 159366 159366 164729 164729 4723629 X 2806838 -7053 -7053 2813891 0 2813891 3219184 0 3219184 0 3219184 PART X, LINE 2: THE ORGANIZATION EVALUATES ITS TAX POSITIONS AND RECOGNIZE A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED "MORE LIKELY THAN NOT" TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. IF SUCH ISSUES EXIST, THE ORGANIZATION'S POLICY WILL BE TO RECOGNIZE ANY TAX LIABILITY SO RECORDED, INCLUDING APPLICABLE INTEREST AND PENALTIES, AS A COMPONENT OF INCOME TAX EXPENSE. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, THE ORGANIZATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES ITS RADICALLY NONDISCRIMINATORY POLICY THROUGH ITS WEBSITE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOESN'T REQUIRE THE STUDENTS TO DISCLOSE ANY RACIAL INFORMATION AND DOESN'T AWARD ANY SCHOLARSHIPS. NICK ANTONIAN DIRECTOR OF ORGANIZATION 8772 DIRECTOR PROVIDED TAX SERVICES TO THE ORGANIZATION. 0 FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION RETURN IS PREPARED BY OUTSIDE ACCOUNTANTS AND IS REVIEWED BY THE MANAGING DIRECTOR. ONCE THE MANAGING DIRECTOR APPROVES THE RETURN, IT IS MADE AVAILABLE TO THE REST OF THE BOARD PRIOR TO ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR IS TO COMPLETE A DIRECTOR STATEMENT WHICH CONFIRMS THEIR UNDERSTANDING OF THE POLICY AND LISTS ANY POTENTIAL CONFLICT TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES AND APPROVES THE COMPENSATION FOR THE MANAGING DIRECTOR, FULL-TIME EMPLOYEES AND OFFICE MANAGER. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND 990 ARE AVAILABLE FOR PUBLIC INSPECTION ON WWW.GUIDESTAR.ORG AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATIONAL RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 20,798. MANAGEMENT AND GENERAL EXPENSES 1,466. FUNDRAISING EXPENSES 94. TOTAL EXPENSES 22,358. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,069. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,069. CONCESSIONS AND BOX OFFICE PROMOTION: PROGRAM SERVICE EXPENSES 18,828. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,828. CORPORATE PRODUCTIONS AND SPECIAL EVENTS: PROGRAM SERVICE EXPENSES 11,088. MANAGEMENT AND GENERAL EXPENSES 7,648. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,736. FORM 990, PART XII, LINE 2C: THE FISCAL YEAR ENDED JUNE 30, 2014 (TAX YEAR 2013) WAS THE FIRST YEAR THE GROUNDLINGS FINANCIAL STATEMENTS WERE AUDITED. THE GROUNDLINGS MANAGEMENT IS RESPONSIBLE FOR THE PREPARATION AND FAIR PRESENTATION OF THE FINANCIAL STATEMENTS. THE AUDIT COMMITTEE SELECTED AN INDEPENDENT ACCOUNTING FIRM TO PERFORM THE AUDIT AND ASSUMED RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. FORM 990: SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION THE GROUNDLINGS 7307 MELROSE AVENUE LOS ANGELES, CA 90046 EMPLOYER IDENTIFICATION NUMBER: 23-7381137 FOR THE YEAR ENDED JUNE 30, 2023 THE GROUNDLINGS IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).