2025-07-14T08:53:02-05:00 2024-08-31 132781641 MITCHELL & TITUS LLP 80 PINE STREET 32ND FL NEW YORK NY 10005 990 2023-09-01 237313407 THE PEOPLE'S LIGHT & THEATRE COMPANY PEOP 6106471900 39 CONESTOGA RD MALVERN PA 193551737 ZAK BERKMAN PRODUCING ARTISTIC DIRECTOR 6106471900 2025-07-14 1 0 ERIC HARRISON P01916785 2127094500 2025-07-10 2023 2025-03-06 01:10:19Z ZAK BERKMAN 39 CONESTOGA RD MALVERN PA 193551737 5331905 0 X WWW.PEOPLESLIGHT.ORG X 1974 PA PEOPLE'S LIGHT, A CULTURAL AND CIVIC CENTER WITH THEATRE AT ITS CORE, INVITES AND CREATES OPPORTUNITIES FOR DIVERSE COMMUNITIES TO DISCOVER AND CELEBRATE OUR SHARED HUMANITY 26 24 199 20 0 0 2606097 3103144 920434 1138516 389656 413051 439751 450918 4355938 5105629 0 0 0 0 4046899 4120392 0 0 550710 3055448 3220226 7102347 7340618 -2746409 -2234989 20123505 19631018 2991775 2944148 17131730 16686870 PEOPLE'S LIGHT, A CULTURAL AND CIVIC CENTER WITH THEATRE AT ITS CORE, INVITES AND CREATES OPPORTUNITIES FOR DIVERSE COMMUNITIES TO DISCOVER AND CELEBRATE OUR SHARED HUMANITY. 0 0 3288115 0 1060567 MAINSTAGE SERIES PROVIDES APPROXIMATELY 60,000 PEOPLE WITH CULTURALLY DIVERSE DRAMA FROM KNOWN CLASSICS TO CONTEMPORARY PLAYS. 321843 0 77949 ARTS DISCOVERY, OUTREACH PROGRAMS, AND THEATRE SCHOOL PROVIDE MORE THAN 11,000 INTERACTIONS WITH SCHOOL STUDENTS. SECONDARY SCHOOL WORKSHOPS DEMONSTRATE THE CREATION AND PERFORMANCE OF A PLAY. THEATRE SCHOOL CLASSES ARE PROVIDED FOR THE EDUCATION OF THE COMMUNITY AND CULTURAL ENRICHMENT. 3609958 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 158 0 199 1 0 0 0 0 0 1 1 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X ZAK BERKMAN 6106471900 39 CONESTOGA RD MALVERN PA 193551737 ZACHARY A BERKMAN PRODUCING ARTISTIC DIRECTOR 40.00 X X 137497 0 27289 ABIGAIL ADAMS SENIOR DIR OF SPECIAL PROJECTS 16.00 X 207916 0 32697 KATHERINE H MCNABB PRESIDENT 1.00 X 0 0 0 KATHLEEN GUBANICH VICE PRESIDENT 1.00 X 0 0 0 JEFFREY MCGROARTY RESIGNED MAY 2024 TREASURER 1.00 X 0 0 0 MICHAEL SMITH ELECTED JUNE 2024 TREASURER 1.00 X 0 0 0 PAT LUSK SECRETARY 1.00 X 0 0 0 BARBARA AUSTELL TRUSTEE 1.00 X 0 0 0 JEB BARTH TRUSTEE 1.00 X 0 0 0 RENEE BATTISTI TRUSTEE 1.00 X 0 0 0 DIANE BISHOP TRUSTEE 1.00 X 0 0 0 LORI ESPE TRUSTEE 1.00 X 0 0 0 MELANYE FINISTER TRUSTEE 1.00 X 0 0 0 HEATHER HOYT TRUSTEE 1.00 X 0 0 0 ROBERT JEFFERSON IV TRUSTEE 1.00 X 0 0 0 THOMAS H JOHANTGEN TRUSTEE 1.00 X 0 0 0 AMANDA KESLER TRUSTEE 1.00 X 0 0 0 MARK LANGDON TRUSTEE 1.00 X 0 0 0 AMANDA LEVINE TRUSTEE 1.00 X 0 0 0 KATHRYN MORONEY RESIGNED MAY 2024 TRUSTEE 1.00 X 0 0 0 KENNETH B MUMMA TRUSTEE 1.00 X 0 0 0 MO PAKNEJAD TRUSTEE 1.00 X 0 0 0 JAMES RYLAND TRUSTEE 1.00 X 0 0 0 RASMEET SACHDEVA TRUSTEE 1.00 X 0 0 0 NICOLE SAKOWITZ TRUSTEE 1.00 X 0 0 0 JOHN S SCHMADER TRUSTEE 1.00 X 0 0 0 SARAH L SNYDER RESIGNED MAY 2024 TRUSTEE 1.00 X 0 0 0 JOHN E SPELLMAN TRUSTEE 1.00 X 0 0 0 L FREDERICK SUTHERLAND TRUSTEE 1.00 X 0 0 0 DIANE L ZWAAN RESIGNED JUNE 2024 TRUSTEE 1.00 X 0 0 0 MARIAN MOSKOWITZ RESIGNED DEC 2023 TRUSTEE 1.00 X 0 0 0 ERICA EZOLD MANAGING DIRECTOR 40.00 X 109989 0 12489 455402 0 72475 3 0 1 0 0 174308 22840 2905996 305916 3103144 SINGLE TICKET SALES 711110 847911 847911 SUBSCRIPTION SERIES TICKETS 711110 212656 212656 TUITION INCOME 611600 51440 51440 RESIDENCY & WORKSHOP FEES 611600 26509 26509 1138516 409733 409733 520 0 520 520 520 5639 2321 3318 3318 3318 256788 174308 200386 56402 56402 60400 23569 36831 36831 OTHER INCOME 900099 194652 194652 BUILDING MAINTENANCE FEES 711110 101552 101552 CONCESSION SALES, NET 711110 31320 31320 29641 29641 357165 5105629 1466040 0 536445 527877 236971 170600 120306 2538650 1374216 991721 172713 146271 107388 16369 22514 618146 350506 199586 68054 289448 163711 101477 24260 1268 1268 63206 63206 135993 135993 507717 2477 505240 380069 380069 2312 2312 137224 49746 62604 24874 331212 127238 140356 63618 MISCELLANEOUS EXPENSES 402796 348425 54371 SUBSCRIPTION EXPENSE 24417 24417 1234012 1197705 36307 7340618 3609958 3179950 550710 1633636 1984528 345999 316105 2090968 1013325 31224 12867 351072 298253 9592293 7174937 2583935 2417356 12191476 12546158 895195 1042426 20123505 19631018 343727 224009 283984 409177 2153241 2153385 210823 157577 2991775 2944148 X 5220446 4775586 11911284 11911284 17131730 16686870 20123505 19631018 X -2234989 1631361 -30693 189461 X 0 1 X 1 0 X 5516949 2105179 5020883 2606097 3103144 18352252 1140100 83251 648234 1028268 1276865 4176718 6657049 2188430 5669117 3634365 4380009 22528970 1514647 283220 235177 1276020 479129 3788193 0 1514647 283220 235177 1276020 479129 3788193 18740777 188741 195613 263396 288577 409733 1346060 188741 195613 263396 288577 409733 1346060 97171 209574 361900 253492 29641 951778 6942961 2593617 6294413 4176434 4819383 24826808 0.75490 0.78090 0.05420 0.03740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11894797 1200000 354682 13449479 10692998 1050000 151799 11894797 12105161 1350000 -2762163 10692998 9395510 1000000 1709651 12105161 8026357 625000 744153 9395510 0 0 124494 124494 2559700 2363428 196272 4463676 3580730 882946 2444423 1230779 1213644 2417356 INTERCOMPANY RECEIVABLE 623734 RIGHT-OF-USE ASSETS - OPERATING LEASES 156010 FIRST COMMONWEALTH RESERVE 262682 1042426 LEASE LIABILITIES -OPERATING LEASES 157577 157577 X PART V, LINE 4: THE THEATRE PERIODICALLY APPROPRIATES INVESTMENT EARNINGS ON THE ENDOWMENT FUNDS FOR PURPOSES DESIGNATED BY DONORS. PART X, LINE 2: THE THEATRE EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING ITS TAX RETURNS TO DETERMINE WHETHER IT IS MORE-LIKELY-THAN-NOT (I.E., GREATER THAN 50%) THAT EACH TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD ARE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. IF APPLICABLE, THE THEATRE RECOGNIZES INTEREST ACCRUED RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST EXPENSE ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES. HOWEVER, MANAGEMENT'S CONCLUSIONS REGARDING TAX POSITIONS TAKEN MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A FUTURE DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, EXAMINATION BY TAX AUTHORITIES, ONGOING ANALYSIS OF AND CHANGES TO TAX LAWS, AND RELATED REGULATIONS AND INTERPRETATIONS. DURING THE YEAR, THE THEATRE DID NOT INCUR ANY INTEREST OR PENALTIES. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE THEATRE AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR FURTHER DISCLOSURE IN THE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE THEATRE IS SUBJECT TO AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS FOR ANY PERIODS ARE CURRENTLY IN PROGRESS. MANAGEMENT BELIEVES THAT THE THEATRE IS NO LONGER SUBJECT TO SUCH AUDITS FOR YEARS PRIOR TO 2021 UNDER FEDERAL, STATE, AND LOCAL TAX JURISDICTIONS. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FUNDRAISING - LONDON TOURS 153540 0 0 0 0 0 0 153540 0 153540 0 0 0 0 0 0 PART I, LINE 3: EXPENDITURES REPORTED IN COLUMN F ARE BASED ON THE ORGANIZATION'S BOOKS AND RECORDS. AUCTION 206370 167108 39262 5773 1250 30617 LONDON 189826 7200 182626 147497 6043 1 34900 34900 8802 404 431096 174308 256788 14575 148747 37064 200386 56402 60400 450 21164 1955 0 60400 450 21164 1955 23569 36831 PA 1 0 0 0 1.00000 JANE MOSS 39 CONESTOGA ROAD MALVERN PA 193551737 0 JANE MOSS X 0 X 0 0 0 0 0 0 0 0 0 ABIGAIL ADAMS SENIOR DIR OF SPECIAL PROJECTS 207916 0 0 0 0 0 20000 0 12697 0 240613 0 0 0 ZACHARY A BERKMAN PRODUCING ARTISTIC DIRECTOR 137497 0 0 0 0 0 15542 0 11747 0 164786 0 0 0 X 6 294131 FMV - CONTRIB DATE X AUCTION ITEM 10 6985 COST BASIS X MEMBERSHIP AT WXPN 1 1800 COST BASIS X MEMBERSHIP AT WORLD CAFE LIVE FAN CLUB 1 1200 COST BASIS X GOLF 1 1000 COST BASIS X TWO 76ERS GAME TICKETS 1 800 COST BASIS X RAFFLE ITEM 0 0 COST BASIS X BOX OF CIGAR AND WINE BOTTLES 0 0 COST BASIS STORE GIFT CERTIFICATE 0 0 COST BASIS 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A BROKERAGE FIRM TO SELL THE CONTRIBUTED STOCK UPON RECEIPT. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION AND SCHEDULES ARE PREPARED BY THE FINANCE DEPARTMENT FOR THE 990. INDEPENDENT ACCOUNTANTS PREPARE THE 990 WHICH IS THEN REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE. THE DIRECTOR OF FINANCE EMAILS THE 990 TO THE AUDIT COMMITTEE WHO REVIEWS THE DOCUMENT IN DETAIL AND APPROVES THE 990, WHICH IS THEN SHARED WITH THE BOARD AND FILED. FORM 990, PART VI, SECTION B, LINE 12C EVERY JUNE, THE BOARD IS GIVEN A COPY OF THE POLICY AND A FORM TO DISCLOSE ANY POTENTIAL CONFLICTS. THE GENERAL MANAGER MAINTAINS THESE FORMS WHICH ARE REVIEWED BY THE EXECUTIVE ARTISTIC DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE EXECUTIVE COMMITTEE ANNUALLY DETERMINE THE COMPENSATION PACKAGE OF THE KEY EXECUTIVE OFFICERS OF THE THEATRE. THE PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE UTILIZE THEATRE COMMUNICATIONS GROUP ANNUAL SALARY SURVEY (AND OTHER DATA AS REQUESTED) TO DETERMINE IF THE SALARIES APPROPRIATELY FIT WITHIN THE RANGES FOR THEATRES OF LIKE BUDGET, SIZE AND LOCATION. THE BOARD APPROVES MANAGEMENT'S RECOMMENDATIONS FOR ALL SALARIES, RAISE PERCENTAGES AND BENEFITS FOR ALL EMPLOYEES WHEN APPROVING THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ACTOR'S INN EXPENSE ALLOCATION 214,461. IMPAIRMENT LOSS -25,000. ACTOR'S INN 39 CONESTOGA ROAD MALVERN PA 19355 251858788 CATERING PA PEOPLE'S LIGHT C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 ACTOR'S INN N 214461 BOOK ALLOCATION