2025-03-25T14:55:42-05:00 2024-06-30 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2023-07-01 264576271 FORWARD THEATER COMPANY FORW 6082345001 P O BOX 14574 MADISON WI 53708 JULIE SWENSON MANAGING DIRECTOR 6082345001 2025-03-04 1 1 PATRICK HOFFERT P00979243 4142717800 2023 2025-03-06 01:10:19Z JULIE SWENSON P O BOX 14574 MADISON WI 53708 2024330 0 X WWW.FORWARDTHEATER.COM X 2009 WI TO PROVIDE EXCEPTIONAL THEATER FOR AUDIENCES AND GIVE THEATER PROFESSIONALS AN ARTISTIC HOME. 15 15 39 34 0 0 807061 1069163 637203 768516 42024 164569 -19442 -3094 1466846 1999154 0 0 0 0 633537 640084 0 0 145649 946356 957592 1579893 1597676 -113047 401478 2548022 3169393 458835 708159 2089187 2461234 FORWARD THEATER COMPANY IS A HOME BASE FOR WISCONSIN THEATER PROFESSIONALS THAT WILL EXPAND THE ECONOMIC AND CULTURAL LIFE OF THE GREATER MADISON AREA. 0 0 1121017 773913 DURING THE 2023-2024 SEASON, FORWARD THEATER COMPANY PERFORMED FOUR PLAYS, THE GARBOLOGISTS, CLYDE'S, THE FLYING LOVERS OF VITEBSK, AND WHAT THE CONSTITUTION MEANS TO ME. TOTAL ATTENDANCE FOR EACH PERFORMANCE WAS 3,184, 3,401, 4,856, AND 4,447, RESPECTIVELY. THESE PROGRAMS HELP CREATE A HOME BASE FOR WISCONSIN THEATER PROFESSIONALS AND AUDIENCES THAT EXPANDS THE CULTURAL AND ECONOMIC LIFE OF THE GREATER MADISON AREA. 1121017 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 WI X ALEX MOSKOFF 6082345001 455 SCIENCE DR STE 245 MADISON WI 53711 DAVID CHAIMSON CHAIR 5.00 X X 0 0 0 DR JASON STEPHENSON VICE CHAIR 2.00 X X 0 0 0 HALLIE KUENNING TREASURER 2.00 X X 0 0 0 ROZAN ANDERSON DIRECTOR 2.00 X 0 0 0 LINDA BALDWIN DIRECTOR 2.00 X 0 0 0 KELSEY BAUBIE DIRECTOR 2.00 X 0 0 0 ADAM ERDMANN DIRECTOR 2.00 X 0 0 0 AMIE GOLDMAN DIRECTOR 2.00 X 0 0 0 ROTH JUDD DIRECTOR 2.00 X 0 0 0 DONNA MORELAND DIRECTOR 2.00 X 0 0 0 SUSAN PIGORSCH DIRECTOR 2.00 X 0 0 0 AMBER PORTER DIRECTOR 2.00 X 0 0 0 ORANGE SCHROEDER DIRECTOR 2.00 X 0 0 0 TED WASKOWSKI DIRECTOR 2.00 X 0 0 0 ANDY WHITE DIRECTOR 2.00 X 0 0 0 JENNIFER GRAY ARTISTIC DIRECTOR 40.00 X 89350 0 9072 JULIE SWENSON MANAGING DIRECTOR 40.00 X 80607 0 8883 169957 0 17955 0 0 0 0 0 88800 12600 967763 7580 1069163 TICKET SALES 711110 753925 753925 SUBSCRIPTION HANDLING 711110 14591 14591 768516 154744 154744 9825 0 9825 9825 9825 16685 88800 25176 -8491 -8491 MISCELLANEOUS INCOME 900099 5397 5397 5397 1999154 773913 0 156078 X 206776 98888 76507 31381 321478 148838 107843 64797 13848 8175 3560 2113 54569 33034 13771 7764 43413 20687 14894 7832 48345 48345 9332 9332 231245 225970 5275 119752 102580 115 17057 21807 1994 18294 1519 6059 1613 4249 197 308903 281968 17653 9282 1358 323 1010 25 1997 56 1941 9217 9217 13883 5453 5525 2905 PRODUCTION MATERIALS 138281 138166 115 SALES TAX 35835 35835 MISCELLANEOUS EXPENSES 11578 8220 2581 777 1597676 1121017 331010 145649 586964 1004662 974900 897962 274667 394812 35286 13543 28456 42842 27805 17856 13799 9949 177761 189398 8333 456189 607892 2548022 3169393 18444 41894 408716 507215 31675 159050 458835 708159 X 1684519 1781266 404668 679968 2089187 2461234 2548022 3169393 X 401478 34649 -66920 2840 X X 0 1 X 1 0 X 895579 995620 939453 807061 1069163 4706876 895579 995620 939453 807061 1069163 4706876 169616 4537260 9425 23737 47263 42024 164569 287018 2455 212 5397 8064 5001958 2983909 0.90710 0.96830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 411729 446367 34451 14634 877913 387042 37417 12730 411729 392760 65475 -59524 11669 387042 303158 30422 70071 10891 392760 126995 186577 -2331 4597 3486 303158 0.96356 0.03644 1 0 27805 17856 9949 9949 BENEFICIAL INTEREST IN ASSETS HELD 436546 PRODUCTION RIGHTS 9700 SECURITY DEPOSIT 5162 OPERATING LEASE RIGHT OF USE ASSET 156484 607892 OPERATING LEASE LIABILITY 159050 159050 X 2020126 34649 28650 2840 66139 1953987 9332 35835 45167 1999154 1581159 28650 28650 1552509 9332 35835 45167 1597676 PART V, LINE 4: THE INCOME FROM THE COLLEEN BURNS ENDOWMENT ASSETS CAN BE USED TO SUPPORT THE SALARY FOR ONE ACTRESS PER SEASON. THE INCOME FROM THE FTC ENDOWMENT CAN BE USED TO SUPPORT GENERAL OPERATIONS. PART X, LINE 2: THE ORGANIZATION HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH US GAAP. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNISING, INTEREST, PENALTIES AND DISCLOSURE REQUIRED. MANAGEMENT OF THE ORGANIZATION EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET CHANGE IN BEQUEST DISCOUNT 2,840. PART XI, LINE 4B - OTHER ADJUSTMENTS: SALES TAX 35,835. PART XII, LINE 4B - OTHER ADJUSTMENTS: SALES TAX 35,835. FORWARD FEAST 2024 90863 84043 6820 3450 10918 3760 GAME NIGHT 14622 4757 9865 4815 70 550 2 1613 105485 88800 16685 3450 4815 10988 5923 25176 -8491 FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE ORGANIZATION'S GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BOARD MAKE DETERMINATIONS OF WHETHER A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE MEMBERS OF THE PERSONNEL COMMITTEE ANNUALLY DETERMINE THE MANAGING DIRECTOR AND ARTISTIC DIRECTOR'S COMPENSATION USING DATA ON COMPENSATION PAID BY COMPARABLE ORGANIZATIONS IN THE COMMUNITY FOR SIMILAR SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G NON-EQUITY THEATER PROFESSIONALS: PROGRAM SERVICE EXPENSES 225,970. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,970. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,275. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,275. FORM 990, PART XI, LINE 9: NET CHANGE IN BEQUEST DISCOUNT 2,840. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS. FORM 990 PART XI LINE 8 A PRIOR PERIOD ADJUSTMENT WAS MADE ON THE FINANCIAL STATEMENTS TO DECEASE THE BEQUEST RECEIVABLE BY $66,920. THE ADJUSTMENT WAS TO BE MADE IN THE PRIOR YEAR FINANCIAL STATEMENTS TO CORRECT AN OVERSTATEMENT OF THE BEQUEST RECEIVABLE CAUSED BY PAYMENTS NOT BEING REFLECTED IN THE CORRECT FISCA YEAR.