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        <BeginningYearBalanceAmt>480692</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>10781</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>435000</OtherExpendituresAmt>
        <EndYearBalanceAmt>56473</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <CYMinus2YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>442061</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>38631</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>480692</EndYearBalanceAmt>
      </CYMinus2YrEndwmtFundGrp>
      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>490119</BeginningYearBalanceAmt>
        <ContributionsAmt>19500</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-67558</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>442061</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>142098</BeginningYearBalanceAmt>
        <ContributionsAmt>307944</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>40077</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>490119</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <BoardDesignatedBalanceEOYPct>0.22000</BoardDesignatedBalanceEOYPct>
      <PrmnntEndowmentBalanceEOYPct>0.42750</PrmnntEndowmentBalanceEOYPct>
      <TermEndowmentBalanceEOYPct>0.35250</TermEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>0</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>622255</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>622255</DepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>1308610</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>1000407</DepreciationAmt>
        <BookValueAmt>308203</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>292650</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>292650</DepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>308203</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
        <Desc>ARTISTS' EQUITY BOND</Desc>
        <BookValueAmt>83721</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>OTHER ACCOUNTS RECEIVABLE</Desc>
        <BookValueAmt>36638</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>OPERATING LEASE RIGHT-OF-USE ASSETS</Desc>
        <BookValueAmt>1957669</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>2078028</TotalBookValueOtherAssetsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>RELATED ORGANIZATION PAYABLE</Desc>
        <Amt>325170</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OPERATING LEASE LIABILITIES</Desc>
        <Amt>1963381</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>2288551</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>7141089</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>9310</NetUnrealizedGainsInvstAmt>
      <DonatedServicesAndUseFcltsAmt>34168</DonatedServicesAndUseFcltsAmt>
      <RevenueNotReportedAmt>43478</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>7097611</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>7097611</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>8235728</TotExpnsEtcAuditedFinclStmtAmt>
      <DonatedServicesUseFcltsAmt>34168</DonatedServicesUseFcltsAmt>
      <ExpensesNotReportedAmt>34168</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>8201560</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>8201560</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>FOR THEATER OPERATING SUPPORT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHEDULE D, PART X, LINE 2 THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO COMPLY WITH PROVISIONS OF THIS TOPIC.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <FundraisingEventInformationGrp>
        <Event1Nm>THEATER LOVERS BASH</Event1Nm>
        <GrossReceiptsEvent1Amt>85815</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>85815</GrossRevenueEvent1Amt>
        <NonCashPrizesEvent1Amt>6650</NonCashPrizesEvent1Amt>
        <FoodAndBeverageEvent1Amt>4151</FoodAndBeverageEvent1Amt>
        <EntertainmentEvent1Amt>4760</EntertainmentEvent1Amt>
        <OtherDirectExpensesEvent1Amt>4769</OtherDirectExpensesEvent1Amt>
        <Event2Nm>STORM LARGE BENEFIT CONCERT</Event2Nm>
        <GrossReceiptsEvent2Amt>125933</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>125933</GrossRevenueEvent2Amt>
        <OtherDirectExpensesEvent2Amt>21194</OtherDirectExpensesEvent2Amt>
        <GrossReceiptsTotalAmt>211748</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>211748</GrossRevenueTotalEventsAmt>
        <NonCashPrizesTotalEventsAmt>6650</NonCashPrizesTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>4151</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>4760</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>25963</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>41524</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>170224</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>REVIEW IS CONDUCTED BY THE PREPARER AND REVIEWED WITH MANAGING DIRECTOR, THE ARTISTIC DIRECTOR, BOARD CHAIR AND FINANCE COMMITTEE CHAIR/TREASURER OF THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS AND KEY EMPLOYEES. COMPLIANCE IS REVIEWED ANNUALLY AND ON A CASE BY CASE BASIS. POTENTIAL CONFLICTS ARE REVIEWED AT THE BOARD LEVEL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION FOR THE MANAGING DIRECTOR AND ARTISTIC DIRECTOR IS DETERMINED AT THE BOARD LEVEL USING A COMBINATION OF COMPARABLE DATA FOR THEATERS OF OUR RELATIVE SIZE, ASSESSMENT OF SIMILAR POSITIONS AT THE ARTS ORGANIZATIONS WITHIN OUR MARKET, IN ADDITION TO THE AD'S EXPERIENCE LEVEL AND SALARY HISTORY AND THE COMPANY'S FINANCIAL POSITION. COMPENSATION FOR ALL OTHER STAFF IS DETERMINED BY THE HUMAN RESOURCES DIRECTOR AND FINANCE DIRECTOR IN THE SAME MANNER, USING COMPARABLE DATA FROM OUR NATIONAL THEATER ORGANIZATION AND LOCAL NON-PROFIT SURVEYS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MAY BE MADE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>ARMORY THEATER FUND</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>128 NW ELEVENTH AVE</AddressLine1Txt>
          <CityNm>PORTLAND</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97209</ZIPCd>
        </USAddress>
        <EIN>201006407</EIN>
        <PrimaryActivitiesTxt>CAPITAL CAMPAIGN AND PROPERTY OWNER</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>OR</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501(C)(3)</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>509(A)(3), TYPE I</PublicCharityStatusTxt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>0</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>0</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>0</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>1</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>0</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>1</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>1</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>0</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>0</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>ARMORY THEATER FUND</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>K</TransactionTypeTxt>
        <InvolvedAmt>368471</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>CASH</MethodOfAmountDeterminationTxt>
      </TransactionsRelatedOrgGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>