2026-04-14T16:25:18-05:00 2025-05-31 920299000 LARRY J SHAFFER CPA PC 10 CITY PL 21B WHITE PLAINS NY 10601 990 2024-06-01 133601485 THE EMELIN THEATRE EMEL 9146983045 POBOX 736 MAMARONECK NY 10543 MICHAEL MCSHERRY TREASURER/SECRETARY 9146983045 2026-04-14 1 0 LARRY SHAFFER P00089315 8454450534 X 2024 2025-03-06 01:10:19Z MICHAEL MCSHERRY 136 PALMER AVE MAMARONECK NY 10543 1751732 0 X WWW.EMELIN.ORG X 1991 NY SEE SCHEDULE O 14 14 33 25 37246 0 270517 353060 973688 999887 46427 37246 275756 267302 1566388 1657495 0 0 0 0 736771 772389 0 0 45320 1070367 941387 1807138 1713776 -240750 -56281 1740883 1815229 123394 254022 1617489 1561207 SEE SCHUDLE O 0 0 1305386 999887 SEE SCHEUDLE O 1305386 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X X THE COMPANY 9146983045 136 PALMER AVE SUITE 103 MAMARONECK NY 10543 DAVID BANDER EXECUTIVE DIRECTOR 40.00 X 140000 0 0 PAUL BINDLER BOARD MEMBER 1.00 X 0 0 0 MARK ETTENGER PRESIDENT 5.00 X X 0 0 0 HEIDI HELFST VICE PRESIDENT 2.00 X X 0 0 0 KAREN ISAAC BOARD MEMBER 2.00 X 0 0 0 RUSS JELLINEK BOARD MEMBER 1.00 X 0 0 0 BARBARA LEWIS KAPLAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL P MCSHERRY SECRETARY 4.00 X X 0 0 0 ROBERT NATHAN BOARD MEMBER 0.00 X 0 0 0 MARTIN J OPPENHEIMER BOARD MEMBER 1.00 X 0 0 0 ANDREA POTASH BOARD MEMBER 1.00 X 0 0 0 FRANK SORIANO BOARD MEMBER 1.00 X 0 0 0 ROBERT WIENER BOARD MEMBER 1.00 X 0 0 0 MARGARET KOHLER BOARD MEMBER 1.00 X 0 0 0 RICK ROTH BOARD MEMBER 1.00 X 0 0 0 140000 0 0 1 0 0 0 0 214610 128450 10000 10000 353060 OTHER EARNED INCOME 711110 577545 577545 TICKET SALES 711110 422342 422342 999887 37246 37246 361539 94237 267302 267302 1657495 999887 37246 267302 140000 140000 530205 422972 67021 40212 38329 38329 63855 50446 8301 5108 452 452 5000 5000 13483 9696 3787 86422 86422 42545 42545 26 26 83915 83915 44178 44178 PROGRAM & PRODUCTION EX 590398 590398 OTHER EXPENSES 69968 69968 IN-KIND 5000 5000 1713776 1305386 363070 45320 39088 32600 875920 896177 2248 5000 36474 26332 1484048 782810 785153 701238 2000 153882 1740883 1815229 36523 33616 81451 88524 5420 131882 123394 254022 X 1617489 1561207 1617489 1561207 1740883 1815229 -56281 0 X 0 1 X 1 0 X 445407 235066 349999 270517 343060 1644049 445407 235066 349999 270517 343060 1644049 1644049 168 2548 30892 46428 37246 117282 1761331 4371619 0.93340 0.96510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 905720 387246 518474 315433 252769 62664 262895 142795 120100 701238 RENT DEPOSIT 2000 GRANTS RECEIVABLE 20000 OPERATING LEASE RIGHT-OF-USE ASSETS 131882 153882 OPERATING USE LIABILTY 131882 131882 1657495 0 1657495 0 1657495 1713777 0 1713777 0 1713777 X X X X 0 0 0 0 0 0 0 0 0 PART 1, LINE 1 Founded in 1972, The Emelin Theatre (Emelin) presents world class performing arts to Westchester County. Promoting a cultural life that entertains and educates our audience. The Emelin presents numerous world class events including music, comedy, dance, and family theater, plus a selected range of independent and contemporary film. Well-known for high-quality and affordable programs, the Emelin has 257 seats and is one of the few performing arts venues in the region providing a broad mix of entertainment appealing to all ages and tastes, attracting audiences from Westchester County and beyond. PART 3, LINE 4A Program Revenue (Earned Income) during FY2025-2024 was approximately 2.7% higher than FY2024-2023. The programming mix changed compared to FY2024-2023. We significantly increased the number of family and school performances compared to FY2024-2023, which sold well. As part of a long-term plan to identify additional revenue sources, we increased the number of rentals in FY2025-2024 focusing on local performing arts organizations. For the Emelin Presents performances we presented several new artists and genres to help attract new audiences. These Emelin Presents shows did not sell as well as expected which resulted in lower average ticket price compared to the prior year. Public and Private Support and Special Events (Contributed Income) was approximately 29% higher than FY2024-2023. We benefitted from several major donors making significant contributions in FY2025-2024 and increased support from local governments for our free Summer in the Park concert series. FY2025-2024 operating expenses were about the same as FY2024-2023. Compensation expense increased approximately 5% vs the prior year due to new hires in development support and marketing. Artist fees increased approximately 15% due to the increased number of performances and inflation. These increases were offset by the elimination of external marketing consultants and costs incurred in FY2024-2023 for the hiring of a new Executive Director. Form 990, Part VI, Section B, line 11b Drafts of the Form 990 and audited financial statements were sent to the Emelin Theatre's Executive Committee for review and comments prior to approving these documents at a special meeting of the Executive Committee. These were then presented at a Board of Directors meeting. Form 990, Part VI, Section B, line 12c Annually, the Emelin Theatre Board members, which include the officers, and the Executive Director are required to sign an Acknowledgement of Receipt of the Conflict of Interest Policy which states the Board member has read and understands the policy and agrees to comply with the policy. In addition, annually the President and Treasurer review the list of existing vendors and plans to add new vendors with the Executive Director to determine if there may be the potential of undisclosed conflicts of interests. Form 990, Part VI, Section B, line 15 The Executive Director's compensation is discussed with an independent party and based on industry data and salary comparisons. Salaries of other employees are researched against industry salary data and job responsibilities. Form 990, Part VI, Section C, line 18 THE FORM 1024 AND 990'S ARE AVAILABLE ON REQUEST BY ANY INDIVIDUAL AT THE THEATRE OFFICE. Form 990, Part VI, Section C, line 19 ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE THEATRE OFFICE. PART VI, SECTION B, LINE 17C Annually, the Emelin Theatre Board members, which include the officers, and the Executive Director are required to sign an Acknowledgment of Receipt of the Conflict-of-Interest Policy which states the Board member has read and understands the Policy and agrees to comply with the policy. In addition, during the year the President and Treasurer review the list of existing vendors and plans to add new vendors with the Executive Director to determine if there may be the potential of undisclosed conflicts of interests. PART VI, SECTION B, LINE 15 The Executive Directors compensation is based on industry data and salary comparisons and independent parties. Salaries of other employees are researched against industry salary data and job responsibilities PART VI, SECTION C, LINE 18 The Form 1024 and 990's are available on request by any individual at the Theatre's office. PART VI, SECTION C, LINE 19 All documents are available for public inspection at the Theatre's office