2024-05-15T03:26:11-04:00 2023-06-30 475677171 WALTERS & SKLYAR LLP 21031 VENTURA BLVD STE 401 WOODLAND HILLS CA 91364 990 2022-07-01 812917440 WACO THEATER CENTER WACO 8184001151 5144 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 SHAY WAFER EXECUTIVE DIRECTOR 8184001151 2024-05-15 true SHAY WAFER 999009999 false YEFIM SKLYAR CPA P00362128 8189752040 2024-05-14 2022 2023-04-26 12:10:37Z SHAY WAFER 5144 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 4742937 false X HTTPS://WACOTHEATERCENTER.COM/ X 2016 CA WACO THEATER CENTER IS A PERFORMING AND VISUAL ARTS ORGANIZATION THAT PRESENTS, COMMISSIONS AND DEVELOPS ARTISTIC WORKS DEDICATED TO STORIES OF THE AFRICAN DIASPORA. WACO PROVIDES ARTISTS AND YOUNG PEOPLE A PLATFORM AND VOICE TO SHOWCASE THEIR CREATIVITY, IN ORDER TO CONNECT AND INSPIRE OTHERS. 7 5 19 75 0 4342126 585535 150592 48906 5400 9460 1227039 4502178 1866880 0 0 1129652 1136330 0 206610 1719538 2565779 2849190 3702109 1652988 -1835229 5590838 3968946 372626 289848 5218212 3679098 X WACO (WHERE ART CAN OCCUR) THEATER CENTER IS A PERFORMING AND VISUAL ARTS ORGANIZATION THAT PRESENTS, COMMISSIONS AND DEVELOPS ARTISTIC WORKS DEDICATED TO STORIES OF THE AFRICAN DIASPORA. CO-FOUNDED BY RICHARD LAWSON AND TINA KNOWLES, WACO PROVIDES ARTISTS AND YOUNG PEOPLE A PLATFORM TO VOICE AND SHOWCASE THEIR CREATIVITY TO CONNECT AND INSPIRE OTHERS. WACO'S ARTISTIC AND EDUCATION PROGRAMS ARE DRIVEN BY FOUR VALUES. WE CREATE WORK THAT UNAPOLOGETICALLY: CENTERS BLACK ART AND CULTURE FROM A DIASPORIC LENS AND VOICE; INCUBATES AND LAUNCHES NEW CREATIVE IDEAS TO MEMORIALIZE THE PAST AND ENVISION THE FUTURE OF BLACK LIFE; IS COLLABORATIVE AND LEADS WITH AN UBUNTU MINDSET, "I AM, BECAUSE WE ARE- AND SERVES THE NEEDS OF THE COMMUNITY INCLUDING THE SOCIAL, ECONOMIC, AND CIVIC PRIORITIES OF OUR NEIGHBORS AND BLACK LOS ANGELES. NOW IN OUR SEVENTH SEASON, WE HAVE CONTINUED TO ELEVATE AN EMPHASIS ON THE HISTORY OF THE AFRICAN DIASPORA AND CULTURE IN OUR PROGRAMMING. WE FIRMLY BELIEVE IN THE POWE false false 615928 OUR EDUCATION PROGRAM, THE ANGELS AND WARRIORS MENTORSHIP PROGRAM PROVIDES WRAP-AROUND SERVICES TO FACILITATE PERSONAL DEVELOPMENT AND GROWTH FOR YOUNG PEOPLE FROM 8TH GRADE THROUGH COLLEGE. WE EMPOWER PARTICIPANTS TO IDENTIFY THEIR DREAMS, AND THROUGH MENTORSHIP, GAIN THE CLARITY,DISCIPLINE, AND SKILL TO ACHIEVE THOSE DREAMS. THE PROGRAM CURRICULUM INCLUDES OFF SITE FIELD TRIPS AND WORKSHOPS WITH GUEST ARTISTS TO FOSTER SKILL DEVELOPMENT AND AWARENESS OF THE ARTS AND FUTURE CAREERS. IN ASSOCIATION WITH RICHARD LAWSON STUDIOS, WE PRESENTED THE 3RD ANNUAL FILMS FOR TEENS BY TEENS FILM FESTIVAL IN FISCAL YEAR 2023. 2282407 48906 PROVIDING OPPORTUNITIES FOR OVER 157 ARTISTS IN FY23, WITH OVER 32,500 AUDIENCE MEMBERS ATTENDING THE EVENTS, OUR PRESENTING PROGRAMS INCLUDED: 1)BLACK TERROR, A CO-PRODUCTION IN PARTNERSHIP WITH NEWARK SYMPHONY HALL AND YENDOR THEATRE COMPANY; 2)DR. MARUS NORRIS AND THE SOUTH SIDE SYMPHONY ORCHESTRA, AN ARTIST-IN- RESIDENCE SERIES PRESENTED FRIIDOM'S BLACK HMER; 3)PLAN A: BLACK WOMEN ON THE RISE FILM FESTIVAL, AN ANNUAL SHOWCASE OF SHORT FILMS BY BLACK WOMEN, IN PARTNERSHIP WITH MPACT EVENTS; 4)A CO-PRODUCTION IN PARTNERSHIP WITH THE FLEA THEATER OF A WORLD PREMIERE OF HANG TIME BY PULITZER PRIZE FINALIST ZORA HOWARD; 5)WITNESS A VISUAL ART EXPERIENCE, CO-CURATED BY TINA KNOWLES AND GENEL AMBROSE; 6)THE WORLD PREMIERE OF MARTY AND THE HANDS THAT COULD BY JOSH WILDER AND DIRECTED BY LARRY POWELL, IN PARTNERSHIP WITH WATTS VILLAGE THEATER COMPANY; 7)THE WINDOW A NEW PLAY BY NATASHA OFILI; 8)THE SECOND RESIDENCY OF OUR SEASON WAS CHOREOGRAPHER JADE SOLOMON CURTIS'S KEEPER OF SADNESS. 2898335 true true false false false false false false false false true false false false false true true true false false false false false false true false false false false false false false false true false false false true false false false false false false false false false true 44 0 true 19 true false false false false false false false false X 7 5 true false false false false false false true true false false true true true true true true true true false CA X SHAY WAFER 8184001151 5144 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 RICHARD LAWSON PRESIDENT 40.00 X X 125000 0 0 TINA KNOWLES-LAWSON VICE-PRESIDE 40.00 X X 125000 0 0 ANGELIKI GIANNAKOPOLOUS SECRETARY 1.00 X X 0 0 0 MELBA LFARQUHAR TREASURER 1.00 X X 0 0 0 GLYNN TURMAN BOARD MEMBER 1.00 X 0 0 0 RALPH FARQUHAR BOARD MEMBER 1.00 X 0 0 0 JOHN WISEMAN BOARD MEMBER 1.00 X 0 0 0 250000 3 false false false 298141 287394 585535 PROGRAM SERVICE REVENUE 711110 48906 48906 48906 5400 5400 4089631 2876057 1213574 OTHER INCOME 13465 13465 13465 1866880 48906 18865 351425 242483 77314 31628 683027 474927 149144 58956 101878 73070 20578 8230 30000 7500 22500 48148 48148 87607 87607 185476 166459 13584 5433 29558 23771 4133 1654 5238 3404 1310 524 266023 173657 65976 26390 17282 8990 3457 4835 116625 94658 15691 6276 42410 17302 24605 503 TALENT & PRODUCTION 750485 735725 10200 4560 PRODUCTION COST 645334 634587 7677 3070 A&W PROGRAM 186848 186848 CONSULTING FEES 42321 42321 112424 62454 17919 32051 3702109 2898335 597164 206610 634623 36010 143024 148665 4085193 3013932 39510 77410 1054088 433331 688488 620757 72172 5590838 3968946 43908 165619 179482 124229 149236 372626 289848 X 1134519 665307 4083693 3013791 5218212 3679098 5590838 3968946 -1835229 296115 X false true X true false X 1540432 2336515 3007290 4342126 585535 11811898 1540432 2336515 3007290 4342126 585535 11811898 4299749 7512149 26053 48348 49 5400 79850 9460 13465 22925 11914673 4532059 0.63050 0.65910 X PART II, LINE 10 OTHER INCOME 9,460 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191539 75588 115951 862549 357743 504806 620757 X 1866880 1866880 1866880 3702109 3702109 3702109 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND THE CORRESPONDING PROVISIONS OF THE CALIFORNIA REVENUE AND TAXATION CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME (UBTI) AS DEFINED BY THE IRC.THE ORGANIZATION EVALUATES UNCERTAIN TAX POSITIONS THROUGH ITS REVIEW OF THE SOURCES OF INCOME TO IDENTIFY UBTI AND CERTAIN OTHER MATTERS, INCLUDING THOSE WHICH MAY AFFECT ITS TAX EXEMPT STATUS. THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. AS OF JUNE 30, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. SCHEDULE D, PAGE 4, PART XIII PART X - FIN 48 FOOTNOTE THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND THE CORRESPONDING PROVISIONS OF THE CALIFORNIA REVENUE AND TAXATION CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME (UBTI) AS DEFINED BY THE IRC.THE ORGANIZATION EVALUATES UNCERTAIN TAX POSITIONS THROUGH ITS REVIEW OF THE SOURCES OF INCOME TO IDENTIFY UBTI AND CERTAIN OTHER MATTERS, INCLUDING THOSE WHICH MAY AFFECT ITS TAX EXEMPT STATUS. THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. AS OF JUNE 30, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. ART GALA AND AU 4089631 4089631 185468 154467 2536122 4089631 4089631 185468 154467 2536122 2876057 1213574 TINA KNOWLES LAWSON VICE PRESIDENT CASH FLOW X 124229 false true true 124229 RICHARD LAWSON STUDIOS OFFICER-OWNED 146092 A&W YOUNG ARTIST/PDP false SCHEDULE L, PART V SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: TINA KNOWLES LAWSON (B) RELATIONSHIP WITH ORGANIZATION: VICE-PRESIDENT (C) PURPOSE OF LOAN: CASH FLOW (D) LOAN TO OR FROM ORGANIZATION? = TO (E) ORIGINAL PRINCIPAL AMOUNT 217,785. (F) BALANCE DUE 124.228.83. (G) LOAN IN DEFAULT? = NO (H) APPROVED BY BOARD OR COMMITTEE? = YES (I) WRITTEN AGREEMENT? = YES FORM 990 - ORGANIZATION'S MISSION WACO (WHERE ART CAN OCCUR) THEATER CENTER IS A PERFORMING AND VISUAL ARTS ORGANIZATION THAT PRESENTS, COMMISSIONS AND DEVELOPS ARTISTIC WORKS DEDICATED TO STORIES OF THE AFRICAN DIASPORA. CO-FOUNDED BY RICHARD LAWSON AND TINA KNOWLES, WACO PROVIDES ARTISTS AND YOUNG PEOPLE A PLATFORM TO VOICE AND SHOWCASE THEIR CREATIVITY TO CONNECT AND INSPIRE OTHERS. WACO'S ARTISTIC AND EDUCATION PROGRAMS ARE DRIVEN BY FOUR VALUES. WE CREATE WORK THAT UNAPOLOGETICALLY: CENTERS BLACK ART AND CULTURE FROM A DIASPORIC LENS AND VOICE; INCUBATES AND LAUNCHES NEW CREATIVE IDEAS TO MEMORIALIZE THE PAST AND ENVISION THE FUTURE OF BLACK LIFE; IS COLLABORATIVE AND LEADS WITH AN UBUNTU MINDSET, "I AM, BECAUSE WE ARE- AND SERVES THE NEEDS OF THE COMMUNITY INCLUDING THE SOCIAL, ECONOMIC, AND CIVIC PRIORITIES OF OUR NEIGHBORS AND BLACK LOS ANGELES. NOW IN OUR SEVENTH SEASON, WE HAVE CONTINUED TO ELEVATE AN EMPHASIS ON THE HISTORY OF THE AFRICAN DIASPORA AND CULTURE IN OUR PROGRAMMING. WE FIRMLY BELIEVE IN THE POWER THAT ART AND MENTORSHIP MUST BE TRANSFORMATIVE. WE FULFILL OUR MISSION THROUGH THE FOLLOWING PROGRAM AREAS: PERFORMING ARTS, PRESENTING LIVE AND VIRTUAL DANCE, THEATER, MUSIC, FILM, AND INTERDISCIPLINARY EVENTS BY EMERGING AND ESTABLISHED ARTISTS; VISUAL ARTS, SHOWCASING THE WORK OF VISUAL ARTISTS IN OUR GALLERY ACROSS VARIOUS ARTISTIC DISCIPLINES, INCLUDING PAINTING, DRAWING, SCULPTURE AND MORE; MENTORSHIP, BUILDING DREAMS OF THE NEXT GENERATION THROUGH MENTORSHIP, TO FACILITATE GROWTH OF YOUNG PEOPLE FROM 8TH GRADE THROUGH HIGH SCHOOL GRADUATION AND BEYOND; EDUCATION, PROVIDING OPPORTUNITIES FOR OUR AUDIENCES TO MOVE THE CULTURE FORWARD THROUGH PUBLIC DIALOGUE AND HANDS ON EXPERIENCES-LINKING COMMUNITIES, ARTISTS AND AUDIENCES TOGETHER. FORM 990, PAGE 2, PART III, LINE 4B PROVIDING OPPORTUNITIES FOR OVER 157 ARTISTS IN FY23, WITH OVER 32,500 AUDIENCE MEMBERS ATTENDING THE EVENTS, OUR PRESENTING PROGRAMS INCLUDED: 1)BLACK TERROR, A CO-PRODUCTION IN PARTNERSHIP WITH NEWARK SYMPHONY HALL AND YENDOR THEATRE COMPANY; 2)DR. MARUS NORRIS AND THE SOUTH SIDE SYMPHONY ORCHESTRA, AN ARTIST-IN- RESIDENCE SERIES PRESENTED FRIIDOM'S BLACK HMER; 3)PLAN A: BLACK WOMEN ON THE RISE FILM FESTIVAL, AN ANNUAL SHOWCASE OF SHORT FILMS BY BLACK WOMEN, IN PARTNERSHIP WITH MPACT EVENTS; 4)A CO-PRODUCTION IN PARTNERSHIP WITH THE FLEA THEATER OF A WORLD PREMIERE OF HANG TIME BY PULITZER PRIZE FINALIST ZORA HOWARD; 5)WITNESS A VISUAL ART EXPERIENCE, CO-CURATED BY TINA KNOWLES AND GENEL AMBROSE; 6)THE WORLD PREMIERE OF MARTY AND THE HANDS THAT COULD BY JOSH WILDER AND DIRECTED BY LARRY POWELL, IN PARTNERSHIP WITH WATTS VILLAGE THEATER COMPANY; 7)THE WINDOW A NEW PLAY BY NATASHA OFILI; 8)THE SECOND RESIDENCY OF OUR SEASON WAS CHOREOGRAPHER JADE SOLOMON CURTIS'S KEEPER OF SADNESS. FORM 990, PART VI THE BOARD MEMBERS SIGN A WRITTEN CONFLICT OF INTEREST AND DISCLOSURE STATEMENT AND POLICY EACH YEAR IN WRITING. THE EMPLOYEES ARE NOTIFIED BY AGREEING TO THE ANNUAL CONFLICT OF INTEREST POLICY IN THE EMPLOYER HANDBOOK EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 2 RICHARD LAWSON TINA KNOWLES LAWSON PRESIDENT TREASURER HUSBAND AND WIFE MELBA L.FARQUHAR RALPH FARQUHAR BOARD MEMBER BOARD MEMBER HUSBAND AND WIFE FORM 990, PAGE 6, PART VI, LINE 11B THE 990 WAS PRESENTED IN ITS DRAFT FORM TO THE BOARD FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS COMPLIANCE WITH CONFLICT OF INTERESTS' POLICY. FORM 990, PAGE 6, PART VI, LINE 15A INDEPENDENT BOARD MEMBERS CLOSELY REVIEWS AVAILABLE MARKET DATA TO DETERMINE AND APPROVE COMPENSATION OF THE OFFICERS. FORM 990, PAGE 6, PART VI, LINE 15B THE ARTISTIC DIRECTORS AND ED HAVE BEEN PAID EMPLOYEES FOR MORE THAN 3 YEARS AND HAVE NOT RECEIVED A RAISE SINCE THEIR HIRE. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR PUBLIC REVIEW. THE ORGANIZATION'S TAX RETURN FILINGS ARE AVAILABLE FOR VIEW AT WWW.GUIDESTAR.ORG AND UPON REQUEST FROM THE ORGANIZATION.