2024-11-06T15:16:09-06:00 2024-06-30 881478669 CBIZ ADVISORS LLC 777 S FIGUEROA STREET SUITE 2900 LOS ANGELES CA 90017 990 2023-07-01 237381137 THE GROUNDLINGS THEG 3239344747 7307 MELROSE AVENUE LOS ANGELES CA 90046 CARRIE LAFERLE GERGELY MANAGING DIRECTOR 3239344747 2024-11-05 1 0 NATALLIA IOANNOU P01873716 3104327400 2023 2024-10-15 13:58:12Z CARRIE LAFERLE GERGELY 7307 MELROSE AVENUE LOS ANGELES CA 90046 3050809 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 9 138 0 0 0 45184 31313 2698076 2784341 51975 195466 18656 39689 2813891 3050809 0 0 0 0 2060907 2130253 0 0 40065 1158277 1244180 3219184 3374433 -405293 -323624 8249901 7857397 2581317 2552054 5668584 5305343 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 2734109 2784341 THE ART OF IMPROVISATIONAL COMEDY WAS TAUGHT TO SEVERAL HUNDRED STUDENTS IN SEMINARS AND THEATER WORKSHOPS. 2734109 1 1 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 20 0 1 138 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 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 JULIA FISCHER DIRECTOR 1.00 X 0 0 0 MICHAEL CHURVEN DIRECTOR 1.00 X 0 0 0 DAVID CRABB DIRECTOR 1.00 X 0 0 0 EMILY PENDERGAST DIRECTOR 1.00 X 0 0 0 CARRIE LAFERLE GERGELY MANAGING DIRECTOR 40.00 X 100096 0 0 100096 0 0 1 0 0 0 0 31313 31313 SCHOOL TUITION 611600 1971046 1971046 SHOW RELATED INCOME 611710 813295 813295 2784341 19826 19826 7266 0 7266 7266 7266 175640 0 175640 175640 175640 OTHER 611710 32423 32423 32423 3050809 2784341 0 235155 X 100096 100096 1843546 1788175 47003 8368 186611 171685 14123 803 55905 55905 105189 92376 12813 56456 5645 46666 4145 54076 45296 8780 67822 67822 109319 100575 8273 471 217981 146008 71290 683 BUILDING REPAIRS, MAINT 180316 165893 13647 776 CORPORATE PRODUCTIONS A 87797 19216 57031 11550 PROPERTY TAXES AND LICE 87709 75663 11692 354 BANK CHARGES AND MERCHA 75027 4697 70330 146583 118880 27601 102 3374433 2734109 600259 40065 573521 415981 2921290 2800396 31461 2549 6273852 1635381 4723629 4638471 8249901 7857397 194905 261480 306496 270618 2079916 2019956 2581317 2552054 X 5602552 5267250 66032 38093 5668584 5305343 8249901 7857397 -323624 -39617 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2340772 2340772 3316288 1635381 1680907 281436 281436 170627 170627 164729 164729 4638471 X 3011192 -39617 -39617 3050809 0 3050809 3374433 0 3374433 0 3374433 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, 2024 AND 2023, 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 8900 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 VIDEOGRAPHY AND OTHER SHOW PRODUCTION COSTS: PROGRAM SERVICE EXPENSES 72,201. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,201. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,812. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,812. CONCESSIONS AND BOX OFFICE PROMOTION: PROGRAM SERVICE EXPENSES 24,930. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,930. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 21,749. MANAGEMENT AND GENERAL EXPENSES 1,789. FUNDRAISING EXPENSES 102. TOTAL EXPENSES 23,640. 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, 2024 THE GROUNDLINGS IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).