2026-03-25T11:58:23-05:00 2025-07-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2024-08-01 411908432 THEATER LATTE DA THEA 6123393003 345 13TH AVENUE NE MINNEAPOLIS MN 55413 JIMMY W BURNETT TREASURER 6126051771 2026-03-21 1 0 MARC A KOTSONAS P00544551 6512276695 2026-03-21 2024 2025-03-06 01:10:19Z JIMMY W BURNETT 345 13TH AVENUE NE MINNEAPOLIS MN 55413 3508180 0 X WWW.LATTEDA.ORG/ X 1998 MN THE MISSION OF THEATER LATTE' DA IS TO CREATE NEW CONNECTIONS BETWEEN STORY, MUSIC, ARTIST AND AUDIENCE BY EXPLORING AND EXPANDING THE ART OF MUSICAL THEATER. 21 21 230 325 0 0 1209737 1371018 1716041 1946449 0 0 107114 58033 3032892 3375500 0 0 0 0 2264549 2349765 23700 0 193177 1437962 1556981 3726211 3906746 -693319 -531246 2229141 1966511 1179002 1447618 1050139 518893 X THE MISSION OF THEATER LATTE' DA IS TO CREATE NEW CONNECTIONS BETWEEN STORY, MUSIC, ARTIST AND AUDIENCE BY EXPLORING AND EXPANDING THE ART OF MUSICAL THEATER. 0 0 3202070 2009440 GENERAL ACCOMPLISHMENTS/NEW WORKFOLLOWING A HISTORIC TRANSITION WITH THE DEPARTURE OF FOUNDING ARTISTIC DIRECTOR PETER ROTHSTEIN AFTER 25 YEARS, JUSTIN LUCERO JOINED THEATER LATT DA (TLD) AS ARTISTIC DIRECTOR IN OCTOBER 2023 AND OVERSAW A HIGHLY SUCCESSFUL FIRST SEASON PLANNED UNDER HIS LEADERSHIP IN FY2025.WE CONTINUED TO INVEST DEEPLY IN THE CREATION OF NEW MUSIC THEATER THROUGH OUR NEXT UP NEW WORK DEVELOPMENT PROGRAM, AN INTENSIVE LABORATORY TO INCUBATE NEW MUSICALS AND PLAYS WITH MUSIC. THE FY25 NEXT UP INITIATIVE, LED BY DIRECTOR OF NEW WORK ELISSA ADAMS, INCLUDED AN EXCITING LINEUP OF WORKSHOPS, RESIDENCIES, AND READINGS FOR PROJECTS BY JEFFREY HATCHER AND CHAN POLING, BY ERIKA JI, BRANDON HOANG COLLIER, AND CLARE BIERMAN, AND BY CANDRICE JONES AND RANDY PRESTON. TLD ALSO PRODUCED A NEW YORK CITY WORKSHOP AND READING OF A NEW WORK BY 2024 NEXT GENERATION COMMISSION AWARDEE JAY ADANA. MAINSTAGE PRODUCTIONS & NATIONAL TOURIN FY25, TLD CARRIED OUT THE FIRST SEASON PROGRAMMED BY NEW ARTISTIC DIRECTOR JUSTIN LUCERO, REACHING 36,000 PATRONS AND DRAWING SIGNIFICANT CRITICAL AND AUDIENCE ACCLAIM. THE SEASON OPENED WITH THE REGIONAL PREMIERE OF SCOTLAND, PA, FURTHER DEVELOPED WHILE AT TLD FOLLOWING ITS OFF-BROADWAY PREMIERE. TLD PRESENTED ITS FIRST RODGERS AND HAMMERSTEIN MUSICAL CINDERELLA FOR THE HOLIDAYS, ATTRACTING A LARGE FAMILY AUDIENCE THAT MADE THE PRODUCTION THE SECOND-BEST-SELLING SHOW IN THE COMPANY'S HISTORY. FOLLOWING WAS MILO CRAMER'S CHARMING SOLO SHOW SCHOOL PICTURES, WHICH WAS HONORED WITH AN OBIE AWARD DURING ITS RITZ THEATER RUN. IN SPRING, THE LOCAL DEBUT OF FUN HOME PLAYED A SOLD-OUT 6-WEEK RUN AND DREW UNIVERSAL CRITICAL ACCLAIM. A RARE PRODUCTION OF STEPHEN SONDHEIM AND JAMES LAPINE'S PASSION CLOSED THE MAINSTAGE SEASON. OUR ANNUAL NEXT FESTIVAL OF NEW MUSICALS ALSO RETURNED, PROVIDING DEVELOPMENTAL OPPORTUNITIES FOR THREE WRITING TEAMS AND SHARING THREE NEW WORKS IN PROCESS INCLUDING HOW TO PLAY THE CELLO (UNTIL YOU DON'T), THE HOMEFRONT, AND OKUNI. THESE PRODUCTIONS, COMBINED WITH THE NEXT UP DEVELOPMENT PROGRAM, TOGETHER EMPLOYED MORE THAN 300 ACTORS, DESIGNERS, DIRECTORS, COMPOSERS, LYRICISTS, LIBRETTISTS, AND OTHER THEATERMAKERS. COMMUNITY ENGAGEMENT, ACCESS & SUPPORTWE PROUDLY CARRIED ON OUR EDUCATIONAL COLLABORATIONS IN 2024-25 WITH PROJECT SUCCESS, HENNEPIN THEATRE TRUST, ON STAGE, AND OTHER PARTNERSHIPS THAT ENABLED US TO INTRODUCE MORE THAN 300 YOUNG PEOPLE TO MUSICAL THEATER. OVER $180,000 IN FREE AND DISCOUNTED TICKETS WERE DISTRIBUTED THROUGHOUT THE SEASON TO PROVIDE ATTENDANCE OPPORTUNITIES FOR ACCESS TARGET AUDIENCES INCLUDING VETERANS, ARTISTS, STUDENTS, EDUCATORS, AND FELLOW RESIDENTS LIVING IN OUR LOCAL 55413 ZIP CODE. TLD ALSO CONTINUED ITS SUCCESSFUL ROW A FOR ALL INITIATIVE, OFFERING FRONT ROW TICKETS TO SELECT PERFORMANCES AT A VARIABLE PRICE POINT ACCESSIBLE TO THOSE WITH LIMITED FINANCIAL MEANS. WE CONTINUED TO OFFER A FULL RANGE OF PHYSICAL ACCESS INITIATIVES FOR EVERY PRODUCTION, INCLUDING IMPLEMENTING UPGRADED OPEN CAPTION TECHNOLOGY. TLD PRODUCTIONS ATTRACTED PATRONS FROM MORE THAN 80% OF MINNESOTA COUNTIES. IN MAY 2025, TLD'S SHOWSTOPPERS: GLITTER GROOVE GALA PLAYED TO AN AUDIENCE OF NEARLY 300 PATRONS AT THE FILLMORE IN DOWNTOWN MINNEAPOLIS. THE EVENING WAS BOTH A CREATIVE AND A FINANCIAL SUCCESS, GENERATING OVER $230,000 IN CONTRIBUTIONS FROM OUR GENEROUS COMMUNITY OF SUPPORTERS. 3202070 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 1 0 0 0 0 1 91 0 230 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X ELISA SPENCER-KAPLAN 6123393003 345 13TH AVENUE NE MINNEAPOLIS MN 55413 GLYN NORTHINGTON CHAIR 5.00 X X 0 0 0 STEPHEN BUBUL BOARD MEMBER 1.00 X 0 0 0 JIMMY BURNETT BOARD MEMBER 1.00 X 0 0 0 BRIDGET MOREHEAD TREASURER 1.00 X X 0 0 0 THERESA ALEWINE BOARD MEMBER 1.00 X 0 0 0 JOHN ARECHAR BOARD MEMBER 1.00 X 0 0 0 KEITH FORD BOARD MEMBER 1.00 X 0 0 0 MARCIA AUBINEAU BOARD MEMBER 1.00 X 0 0 0 ETHAN BERKE BOARD MEMBER 1.00 X 0 0 0 LES BENDTSEN SECRETARY 1.00 X X 0 0 0 TIFFANY COOPER-ALLEN BOARD MEMBER 1.00 X 0 0 0 CAROL CHOMSKY BOARD MEMBER 1.00 X 0 0 0 TANNER CURL BOARD MEMBER 1.00 X 0 0 0 TOYA STEWART BOARD MEMBER 1.00 X 0 0 0 JUDY JOSSI BOARD MEMBER 1.00 X 0 0 0 TOM KNABEL BOARD MEMBER 1.00 X 0 0 0 JEFF LIN BOARD MEMBER 1.00 X 0 0 0 KA VANG BOARD MEMBER 1.00 X 0 0 0 LEZLIE TAYLOR BOARD MEMBER 1.00 X 0 0 0 FREMAJANE WOLFSON BOARD MEMBER 1.00 X 0 0 0 ADAM YUST BOARD MEMBER 1.00 X 0 0 0 ELISA SPENCER-KAPLAN MANAGING DIRECTOR 40.00 X 112412 0 7321 JUSTIN LUCERO ARTISTIC DIRECTOR 40.00 X 115539 0 5399 227951 0 12720 2 0 0 0 0 157655 226089 987274 1371018 TICKET SALES 711110 1822322 1822322 SHARED COST REIMBURSEM 711110 58177 58177 RESTORATION FEES 711110 57782 57782 OTHER 900099 8168 8168 1946449 12593 0 12593 12593 12593 74425 157655 91976 -17551 -17551 103695 40704 62991 62991 3375500 2009440 0 -4958 242096 97407 90288 54401 1774786 1599773 80439 94574 9758 8817 446 495 158084 150022 2515 5547 165041 142929 10511 11601 79834 79834 258352 227365 25047 5940 207061 70385 136676 106001 79946 23113 2942 14877 10308 2162 2407 175465 175465 171829 166620 4232 977 149053 137158 11728 167 20557 16445 3906 206 89428 71542 17184 702 26841 18493 3949 4399 PRODUCTION & SUPPLIES 136521 135605 916 TICKET COSTS 64711 63797 914 HOSPITALITY, FOOD & BEV 21470 11987 1474 8009 EQUIPMENT RENTAL/MAINTE 19639 17700 1130 809 15342 306 15035 1 3906746 3202070 511499 193177 599355 590904 270603 129174 91720 87338 12955 9923 158334 71014 1659299 644771 1096174 1014528 0 63630 2229141 1966511 152357 189217 531051 607409 495594 586378 0 64614 1179002 1447618 X 995139 518893 55000 0 1050139 518893 2229141 1966511 -531246 0 X X 0 1 X 1 0 X 1035458 3045288 1255833 1209737 1371018 7917334 1035458 3045288 1255833 1209737 1371018 7917334 52112 7865222 3500 3750 8500 12952 12593 41295 41945 21200 117512 134181 74425 389263 8347892 7435471 0.94220 0.94820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114197 114197 1192457 366975 825482 352645 277796 74849 1014528 LEASE LIABILITY 64614 64614 X 3375500 0 3375500 0 3375500 3906746 0 3906746 0 3906746 PART X, LINE 2: THE ORGANIZATION HAS A TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAX, ASC 740-10. THE ORGANIZATION'S POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FROM LOSS OF NONPROFIT STATUS. THE ORGANIZATION CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. GALA 232080 157655 74425 91976 232080 157655 74425 91976 91976 -17551 FORM 990, PART VI, SECTION B, LINE 11B A COPY WAS EMAILED TO ALL BOARD MEMBERS PRIOR TO THE MEETING; KEY SECTIONS WERE THEN REVIEWED AND DISCUSSED AT THE MEETING. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A CONFLICT OF INTEREST DISCLOSURE THAT BOARD MEMBERS ARE REQUIRED TO COMPLETE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THEATER LATTE DA REGULARLY REVIEWS THE NON-PROFIT SALARY SURVEYS FOR THIS GEOGRAPHIC LOCATION TAKING JOB DESCRIPTIONS INTO ACCOUNT. FORM 990, PART VI, SECTION C, LINE 19 AVAILALBE BY REQUEST. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED TLD HOLDINGS LLC 345 13TH AVE NE MINNEAPOLIS MN 55413 813392498 BUILDING OWNERSHIP MN 120807 1084879 THEATER LATTE DA