2025-04-04T17:08:55-05:00 2024-08-31 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 400 BALTIMORE MD 21202 990 2023-09-01 526073157 FORD'S THEATRE SOCIETY FORD 2026382941 514 TENTH STREET NW WASHINGTON DC 200041407 PAUL TETREAULT DIRECTOR 2026382941 2025-04-02 1 1 JULIA FLANNERY P00928918 4102469300 2025-04-02 2023 2025-03-06 01:10:19Z PAUL TETREAULT 514 TENTH STREET NW WASHINGTON DC 200041407 28725072 0 X WWW.FORDS.ORG X 1967 DC FORD'S THEATRE EXPLORES THE LEGACY OF PRESIDENT ABRAHAM LINCOLN AND CELEBRATES THE AMERICAN EXPERIENCE THROUGH THEATRE AND EDUCATION. 59 58 296 300 0 0 9135765 20182567 5329394 6111777 204957 555040 -461282 -456998 14208834 26392386 0 0 0 0 9442198 9556761 0 0 1502711 6779769 6639339 16221967 16196100 -2013133 10196286 72273837 91474977 7389237 14088260 64884600 77386717 FORD'S THEATRE EXPLORES THE LEGACY OF PRESIDENT ABRAHAM LINCOLN AND CELEBRATES THE AMERICAN EXPERIENCE THROUGH THEATRE AND EDUCATION. 0 0 12309573 6111777 DURING FY24, APPROXIMATELY 358,000 PATRONS VISITED HISTORIC FORD'S THEATRE. THE FTS MAINSTAGE PRODUCTIONS SOMETHING MOVING, A CHRISTMAS CAROL, AND LITTLE SHOP OF HORRORS ENTERTAINED NEARLY 62,000 LOCAL, NATIONAL, AND INTERNATIONAL PATRONS. ADDITIONALLY, EDUCATIONAL PROGRAMS AND OUTREACH SERVED OVER 22,000 LOCAL AND NATIONAL STUDENTS THROUGH FIELD TRIPS, STUDENT MATINEES, WORKSHOPS, DISTANCE LEARNING, AND ORATORY FESTIVAL. 12309573 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 149 0 1 296 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 59 58 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AL AZ AR CA CO CT DE FL GA ID IL IN IA KS KY LA MA ME MD MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA WA WI WV WY VT X X X THE ORGANIZATION 2026382941 514 TENTH STREET NW WASHINGTON DC 200041407 PHEBE N NOVAKOVIC CHAIRMAN 1.50 X X 0 0 0 DAVID H LONG VICE CHAIRMAN 1.00 X X 0 0 0 HEATHER PODESTA VICE CHAIRMAN 1.00 X X 0 0 0 BJ AGUGLIARO TREASURER 1.00 X X 0 0 0 RAY DEMPSEY JR SECRETARY 1.00 X X 0 0 0 ERIC A SPIEGEL CHAIRMAN EMERITUS 1.00 X X 0 0 0 RIMA AL-SABAH TRUSTEE 1.00 X 0 0 0 EVA AL-THANI TRUSTEE 1.00 X 0 0 0 CAROLINE ADERHOLT TRUSTEE 1.00 X 0 0 0 BRIAN C ANDERSON TRUSTEE 1.00 X 0 0 0 STEVEN G BARRY TRUSTEE 1.00 X 0 0 0 ANDY BLOCKER TRUSTEE 1.00 X 0 0 0 ABIGAIL P BLUNT TRUSTEE 1.00 X 0 0 0 JOYCE M BRAYBOY TRUSTEE 1.00 X 0 0 0 CYNTHIA J BRINKLEY TRUSTEE 1.00 X 0 0 0 IAN CAMERON TRUSTEE 1.00 X 0 0 0 HON ELAINE L CHAO TRUSTEE 1.00 X 0 0 0 DIANNE CLEAVER TRUSTEE 1.00 X 0 0 0 ART COLLINS TRUSTEE 1.00 X 0 0 0 SANDY CORNYN TRUSTEE 1.00 X 0 0 0 KASEY A CROWLEY TRUSTEE 1.00 X 0 0 0 HON DEBORAH I DINGELL TRUSTEE 1.00 X 0 0 0 GLORIA STORY DITTUS TRUSTEE 1.00 X 0 0 0 LAWRENCE DUNCAN III TRUSTEE 1.00 X 0 0 0 JAMES W DYER TRUSTEE 1.00 X 0 0 0 THERESA M FARIELLO TRUSTEE 1.00 X 0 0 0 KARYN M FRIST TRUSTEE 1.00 X 0 0 0 BRUCE A GATES TRUSTEE 1.00 X 0 0 0 ANDY GREEN TRUSTEE 1.00 X 0 0 0 CHRISSY HAGERTY TRUSTEE 1.00 X 0 0 0 MICHAEL R HEMMERICH TRUSTEE 1.00 X 0 0 0 SUSAN HESS TRUSTEE 1.00 X 0 0 0 MRS ROBIN HICKENLOOPER TRUSTEE 1.00 X 0 0 0 ELIZABETH JACKSON HODGES TRUSTEE 1.00 X 0 0 0 HON SVEN ERIK HOLMES TRUSTEE 1.00 X 0 0 0 GHADA RASLAN IRANI TRUSTEE 1.00 X 0 0 0 FRANK F ISLAM TRUSTEE 1.00 X 0 0 0 HON ALPHONSO JACKSON TRUSTEE 1.00 X 0 0 0 NORMAN JEMAL TRUSTEE 1.00 X 0 0 0 ELIZABETH BAKER KEFFER TRUSTEE 1.00 X 0 0 0 RITU AHUJA KHANNA TRUSTEE 1.00 X 0 0 0 EVAN A KNISELY TRUSTEE 1.00 X 0 0 0 KENT KNUTSON TRUSTEE 1.00 X 0 0 0 MARC S LAMPKIN TRUSTEE 1.00 X 0 0 0 FRANCES R LINDNER TRUSTEE 1.00 X 0 0 0 MARLENE A MALEK TRUSTEE 1.00 X 0 0 0 SUSAN J BLUMENTHAL MARKEY MD TRUSTEE 1.00 X 0 0 0 JUDY MCCARTHY TRUSTEE 1.00 X 0 0 0 HON WILLIAM F MCSWEENY TRUSTEE 1.00 X 0 0 0 CATHERINE MERRILL TRUSTEE 1.00 X 0 0 0 AYESHA K MOLINO TRUSTEE 1.00 X 0 0 0 NOEMI K NEIDORFF TRUSTEE 1.00 X 0 0 0 KELLEY PAUL TRUSTEE 1.00 X 0 0 0 VICKI RISCH TRUSTEE 1.00 X 0 0 0 HON FREDERICK J RYAN JR TRUSTEE 1.00 X 0 0 0 CHARLES SEGARS TRUSTEE 1.00 X 0 0 0 LOUISE TAPER TRUSTEE 1.00 X 0 0 0 HON MICHAEL R TURNER TRUSTEE 1.00 X 0 0 0 IRIS WEINSHALL TRUSTEE 1.00 X 0 0 0 PAUL TETREAULT DIRECTOR 40.00 X 544919 0 102519 DOUGLAS WILSON DIRECTOR OF FINANCE AND ADMIN 40.00 X 173097 0 21821 JOSHUA DREW BRYNER DIRECTOR OF FINANCE (BEG 3/24) 40.00 X 78506 0 36898 LEAH FRELINGHYSEN DIR OF COMUNICATIONS AND MARKETING 40.00 X 136448 0 6427 TAMARA TUROFF KEOUGH DIRECTOR OF DEVELOPMENT 40.00 X 186139 0 11727 ANDREW FOX HEAD CARPENTER 40.00 X 129510 0 28784 KRISTIN FOX-SIEGMUND DEPUTY DIR AND DIR OF PROGRAMMING 40.00 X 181893 0 35934 JOSE MARTINEZ-CARRASQUILLO DIR OF ARTISTIC PROGRAMMING 40.00 X 105482 0 16740 1535994 0 260850 11 0 1 0 CONSIGLI CONSTRUCTION CO INC 72 SUMNER STREET MILFORD MA 01757 CONSTRUCTION 11295301 WASHINGTON PROFESSIONAL SYSTEMS 11242 GRANDVIEW AVENUE WHEATON MD 20902 THEATRICAL EQUIPMENT 394637 OTJ ARCHITECTS 555 11TH STREET NW STE 200 WASHINGTON DC 20004 ARCHITECTURAL SERVICES 392041 F & D SCENE CHANGES LTD 2B 803-24 AVENUE SE CALGARY CA T2G 1P5 THEATRICAL SCENERY 231400 DESIGN CUISINE 2659 S SHIRLINGTON ROAD ARLINGTON VA 22206 CATERING 211050 15 1616750 1007887 17557930 20182567 PRODUCTION REVENUE 711110 4511061 4511061 TOUR ADMISSION FEES 711110 1308831 1308831 RESTORATION FEES 711110 281990 281990 EDUCATION INCOME 711110 9895 9895 6111777 554611 554611 6657 6657 1596632 1596203 429 429 429 87000 1616750 736483 -649483 -649483 CONCESSION INCOME 900099 156445 156445 OTHER REVENUE 900099 29383 29383 185828 26392386 6111777 0 98042 915385 695723 134730 84932 6568840 5129985 716039 722816 507392 372591 134801 1017919 771322 176215 70382 547225 426170 64638 56417 8632 53 8579 43380 43380 7479 7479 22098 22098 272123 156676 55668 59779 361002 361002 68461 37585 18703 12173 211278 75007 136271 309118 309118 1324389 1026554 168050 129785 85686 81701 1858 2127 5423 4142 1281 1440587 1116621 182794 141172 129573 100434 16441 12698 PRODUCTION 1210683 1210683 HOUSING 139151 139151 MEALS & ENTERTAINMENT 49901 48517 1039 345 GOV'T & PROFESSIONAL FE 36060 13100 18910 4050 914315 233438 482321 198556 16196100 12309573 2383816 1502711 2499601 3709194 5588032 9850753 70508 24717 753405 514329 76938103 19923623 43654007 57014480 18506882 12433007 7073319 1201402 855178 72273837 91474977 3221153 4800256 535937 428148 2418427 7739441 1213720 1120415 7389237 14088260 X 31670078 29977502 33214522 47409215 64884600 77386717 72273837 91474977 10196286 2305831 0 X 0 1 X 1 0 X 21684958 6659069 15106256 9135765 20182567 72768615 3591357 150369 4411490 5329394 6111777 19594387 25276315 6809438 19517746 14465159 26294344 92363002 7913655 1166882 1471727 2678782 8809784 22040830 0 7913655 1166882 1471727 2678782 8809784 22040830 70322172 456241 408613 420891 560109 561268 2407122 456241 408613 420891 560109 561268 2407122 196621 36652 268900 224928 185828 912929 25929177 7254703 20207537 15250196 27041440 95683053 0.73490 0.79300 0.02520 0.02810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7479 7479 16903006 16910485 995524 248881 0 0 571628 909473 1000000 995524 3476625 5214938 6442 5880 4391 7479 24192 142907 227368 250000 248881 869156 1303734 X 0 11937784 2210018 854570 22098 13271134 12147226 645105 834257 20290 11937784 13863684 -1696458 20000 12147226 11367508 2698456 182280 20000 13863684 10850675 1253239 716406 20000 11367508 0.00000 0.40000 0.60000 0 0 767621 767621 59519483 8708896 50810587 13028975 8483093 4545882 3130385 2412394 717991 491639 319240 172399 57014480 VANGUARD 500 INDEX FD ADMIRAL 7073319 F 7073319 OPERATING LEASE LIABILITY 872417 DEFERRED COMPENSATION LIABILITY 247998 1120415 X 29885147 2305831 472545 2778376 27106771 22098 -736483 -714385 26392386 17383030 472545 736483 1209028 16174002 22098 22098 16196100 PART III, LINE 4: FORD'S THEATRE SOCIETY OWNS ARTWORK THAT IS RELATED TO THE HISTORY OF THE FORD'S THEATRE BUILDING, ACTIVITIES OF THE FORD'S THEATRE SOCIETY OR THE LEGACY OF ABRAHAM LINCOLN CONSISTENT WITH THE FORD'S THEATRE SOCIETY MISSION. PART V, LINE 4: THE MARY JANE WICK ENDOWMENT FUND, ALSO KNOWN AS THE FRANKIE HEWITT ENDOWMENT, WAS ESTABLISHED THROUGH RESTRICTED CONTRIBUTIONS FROM DONORS. IT REQUIRES THAT, IN PERPETUITY, THE PRINCIPAL BE INVESTED AND THAT THE INCOME ONLY BE USED FOR UNRESTRICTED OPERATING ACTIVITIES. THE SOCIETY'S ENDOWMENT ALSO INCLUDES FUNDS INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES TO BE HELD IN RESERVES TO SUPPORT FUTURE YEARS' OPERATIONS AND PROVIDE A RESOURCE FOR UNEXPECTED DOWNTURNS. PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3) AND, THEREFORE, QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION. THE SOCIETY HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(2). THE SOCIETY IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICE (IRS). IN ADDITION, THE SOCIETY IS SUBJECT TO INCOME TAX ON NET INCOME DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. HOWEVER, MANAGEMENT HAS DETERMINED THAT THE SOCIETY IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. THEREFORE, THE SOCIETY HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. MANAGEMENT HAS CONCLUDED THAT THE SOCIETY HAS NO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE -736,483. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 736,483. GALA 1703750 1616750 87000 27500 270087 268744 170152 1703750 1616750 87000 27500 270087 268744 170152 736483 -649483 X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 PAUL TETREAULT DIRECTOR 409919 0 135000 0 0 0 70299 0 32220 0 647438 0 0 0 KRISTIN FOX-SIEGMUND DEPUTY DIR AND DIR OF PROGRAMMING 181893 0 0 0 0 0 7474 0 28460 0 217827 0 0 0 TAMARA TUROFF KEOUGH DIRECTOR OF DEVELOPMENT 186139 0 0 0 0 0 7446 0 4281 0 197866 0 0 0 DOUGLAS WILSON DIRECTOR OF FINANCE AND ADMIN 173097 0 0 0 0 0 6951 0 14870 0 194918 0 0 0 ANDREW FOX HEAD CARPENTER 129510 0 0 0 0 0 9066 0 19718 0 158294 0 0 0 PART I, LINE 1A WHEN CERTAIN CONDITIONS ARE MET, DOMESTIC FIRST CLASS, INTERNATIONAL BUSINESS CLASS, AND TRAVEL FOR A COMPANION ARE PERMITTED IN THE EXECUTIVE TRAVEL POLICY. THESE BENEFITS WERE NOT USED DURING THE YEAR. PART I, LINE 4B THE FOLLOWING EMPLOYEES PARTICIPATED IN NON-QUALIFIED 457F RETIREMENT PLAN: PAUL TETREAULT - DURING THE TAX YEAR, $57,099 WAS SET ASIDE AS A CONTRIBUTION TO HIS SECTION 457(F) ACCOUNT. PART I, LINE 7 THE DIRECTOR RECEIVED A PERFORMANCE BONUS. THE AMOUNT IS DETERMINED ANNUALLY AND IS AT THE DISCRETION OF THE COMPENSATION COMMITTEE. NORMAN JEMAL BOARD MEMBER 477666 THE ORGANIZATION LEASED LOBBY SPACE FROM JEMALS ATLANTIC LLC WHICH IS AN ENTITY CONTROLLED BY DOUGLAS DEVELOPMENT CORPORATION. NORMAN JEMAL IS PRINCIPAL AND SENIOR VICE PRESIDENT OF DOUGLAS DEVELOPMENT CORPORATION. 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO THE FINAL SUBMISSION OF THE 990, IT IS REVIEWED BY THE DIRECTOR OF FINANCE AND SENIOR MANAGMENT. NEXT, IT IS PRESENTED TO THE CHAIR OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL AND DISTRIBUTED ELECTRONICALLY TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C AS A CONDITION FOR HIRING, EACH INDIVIDUAL SHALL DISCLOSE TO THE DIRECTOR OR PERSON IN CHARGE OF HR ADMINISTRATION, IN WRITING, ANY FINANCIAL, PROPRIETARY OR PERSONAL INTERESTS THAT MIGHT BE CONSTRUED AS BEING IN CONFLICT WITH HIS OR HER DUTY TO FORD'S THEATRE SOCIETY. ALL EMPLOYEES ARE REQUIRED TO SIGN AND HAND IN THE "CONFLICT OF INTEREST" FORM. WHILE EMPLOYED AT FORD'S THEATRE SOCIETY, EMPLOYEES SHALL COMPLY WITH THIS CONFLICT OF INTEREST POLICY AND AVOID EVEN THE APPEARANCE OF IMPROPRIETY. EMPLOYEES HAVE AN ONGOING DUTY TO REPORT TO THE DIRECTOR OR PERSON IN CHARGE OF HR ADMINISTRATION, IN WRITING, ANY PARTICULAR SITUATION RELATING TO PREVIOUSLY DISCLOSED INTERESTS, OR ANY CIRCUMSTANCE IN WHICH A POTENTIAL CONFLICT OF INTEREST MAY ARISE. THE DIRECTOR WILL DETERMINE THE EXISTENCE OF A CONFLICT OF INTEREST. IF A CONFLICTING INTEREST EXISTS, THE DIRECTOR WILL DETERMINE THE APPROPRIATE STEPS TO BE TAKEN UNDER THE CIRCUMSTANCES. POSSIBLE STEPS INCLUDE BUT ARE NOT LIMITED TO (1) REQUIRING THE INTERESTED EMPLOYEE TO REFRAIN FROM PARTICIPATING IN ANY DECISION OR POLICY MAKING IN A PENDING MATTER RELATING TO THE CONFLICT OF INTEREST, (2) REQUIRING THE EMPLOYEE TO DIVEST HIMSELF OR HERSELF OF THE CONFLICTING INTEREST, OR (3) IN SUFFICIENTLY SERIOUS SITUATIONS, TERMINATION OF EMPLOYMENT. EACH TRUSTEE SHALL PREPARE AND DELIVER TO THE SOCIETY A CONFLICTS OF INTEREST STATEMENT, WHICH SHALL DESCRIBE IN DETAIL ANY EXISTING CONFLICTS OF INTEREST AND WHICH SHALL OBLIGATE SUCH TRUSTEE TO DISCLOSE ANY FUTURE CONFLICTS OF INTEREST AS AND WHEN THEY ARISE. SUCH CONFLICTS OF INTEREST STATEMENTS SHALL BE DELIVERED AT EACH ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION LEVEL OF THE DIRECTOR IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. A COMPENSATION STUDY AND INDEPENDENT CONSULTANT ARE USED DURING THEIR DELIBERATION, AND THEIR DECISIONS ARE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FEDERAL FORM 990 IS POSTED ON THE ORGANIZATION'S WEBSITE AND A THIRD PARTY'S WEBSITE, GUIDESTAR. THE AUDITED FINANCIAL STATEMENTS ARE ALSO POSTED ON THE ORGANIZATION'S WEBSITE. THE SOCIETY'S GOVERNING DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE BY REQUEST.