2024-03-25T17:08:21-05:00 2023-08-31 420714325 RSM US LLP 151 WEST 42ND STREET 19TH FLOOR NEW YORK NY 10036 990 2022-09-01 526073157 FORD'S THEATRE SOCIETY FORD 2026382941 514 TENTH STREET NW WASHINGTON DC 200041407 PAUL TETREAULT DIRECTOR 2026382941 2024-03-25 1 PAUL TETREAULT 999009999 0 KRISTIN ANDERSON P01231300 2123721000 2024-03-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAUL TETREAULT 514 TENTH STREET NW WASHINGTON DC 200041407 16672244 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. 58 56 314 350 0 0 15106256 9135765 4411490 5329394 313462 204957 -254869 -461282 19576339 14208834 0 0 0 0 8106477 9442198 0 0 1319698 7082973 6779769 15189450 16221967 4386889 -2013133 70916217 72273837 4942716 7389237 65973501 64884600 FORD'S THEATRE EXPLORES THE LEGACY OF PRESIDENT ABRAHAM LINCOLN AND CELEBRATES THE AMERICAN EXPERIENCE THROUGH THEATRE AND EDUCATION. 0 0 12719385 5329394 DURING FY23, APPROXIMATELY 343,000 PATRONS VISITED HISTORIC FORD'S THEATRE. THE FTS MAINSTAGE PRODUCTIONS THE TRIP TO BOUNTIFUL, A CHRISTMAS CAROL, AND SHOUT SISTER SHOUT! ENTERTAINED NEARLY 47,000 LOCAL, NATIONAL, AND INTERNATIONAL PATRONS. ADDITIONALLY, EDUCATIONAL PROGRAMS AND OUTREACH SERVED OVER 16,000 LOCAL AND NATIONAL STUDENTS THROUGH FIELD TRIPS, STUDENT MATINEES, WORKSHOPS, DISTANCE LEARNING, AND ORATORY FESTIVAL. 12719385 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 134 0 1 314 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 58 56 0 0 0 0 0 0 0 1 1 0 0 1 1 0 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 2.00 X X 0 0 0 DAVID H LONG VICE CHAIRMAN 2.00 X X 0 0 0 HEATHER PODESTA VICE CHAIRMAN 2.00 X X 0 0 0 BJ AGUGLIARO TREASURER 2.00 X X 0 0 0 ABIGAIL P BLUNT SECRETARY 2.00 X X 0 0 0 ERIC A SPIEGEL CHAIRMAN EMERITUS 2.00 X X 0 0 0 RIMA AL-SABAH TRUSTEE 1.00 X 0 0 0 BRIAN C ANDERSON TRUSTEE 1.00 X 0 0 0 LISA ARPEY 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 JOYCE M BRAYBOY 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 GIANI CLARKSON EX OFFICIO TRUSTEE 1.00 X 0 0 0 DIANNE CLEAVER 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 GINA DEARBORN TRUSTEE 1.00 X 0 0 0 RAY DEMPSEY JR 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 MICHAEL R HEMMERICH TRUSTEE 1.00 X 0 0 0 SUSAN HESS TRUSTEE 1.00 X 0 0 0 ROBIN HICKENLOOPER TRUSTEE 1.00 X 0 0 0 HON SVEN ERIK HOLMES TRUSTEE 1.00 X 0 0 0 GHADA 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 MALEK TRUSTEE 1.00 X 0 0 0 SUSAN J BLUMENTHAL MARKEY MD 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 MAJIDA MOURAD 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 RONALD O PERELMAN TRUSTEE 1.00 X 0 0 0 VICKI RISCH TRUSTEE 1.00 X 0 0 0 HILARY GEARY ROSS 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 BETTY ANN TANNER TRUSTEE 1.00 X 0 0 0 LOUISE TAPER TRUSTEE 1.00 X 0 0 0 CRAIG WALLACE EX OFFICIO TRUSTEE 1.00 X 0 0 0 IRIS WEINSHALL TRUSTEE 1.00 X 0 0 0 PAUL TETREAULT DIRECTOR 40.00 X 627855 0 51066 LEAH FRELINGHYSEN DIR OF COMUNICATIONS AND MARKETING 40.00 X 136600 0 11134 JOSE MARTINEZ-CARRASQUILLO DIRECTOR OF ARTISTIC PROGRAMMING 40.00 X 103561 0 19272 ANDREW FOX HEAD CARPENTER 40.00 X 128882 0 26528 DOUGLAS WILSON DIRECTOR OF FINANCE AND ADMIN 40.00 X 179904 0 26285 KRISTIN FOX-SIEGMUND DEPUTY DIR AND DIR OF PROGAMMING 40.00 X 188759 0 40062 1365561 0 174347 8 0 1 0 CONSIGLI CONSTRUCTION CO INC 72 SUMNER STREET MILFORD MA 01757 CONSTRUCTION 3207726 OTJ ARCHITECTS 555 11TH STREET NW STE 200 WASHINGTON DC 20004 ARCHITECTURAL SERVICES 554964 F & D SCENE CHANGES LTD 2B 803-24 AVENUE SE CALGARY CA T2G 1P5 THEATRICAL SCENERY 422580 DESIGN CUISINE 2659 S SHIRLINGTON ROAD ARLINGTON VA 22206 CATERING 206414 IRVINEDCS TEAMLLC 1980 POST OAK BLVD STE 2020A HOUSTON TX 77056 CONSTRUCTION CONSULTING 192500 9 1443500 812295 6879970 9135765 PRODUCTION REVENUE 711110 3863411 3863411 TOUR ADMISSION FEES 711110 1351941 1351941 RESTORATION FEES 711110 104617 104617 EDUCATION INCOME 711110 9425 9425 5329394 490986 490986 69123 69123 1314548 1306889 293688 7659 -293688 -286029 -286029 107500 1443500 862833 -755333 -755333 CONCESSION INCOME 900099 169570 169570 OTHER REVENUE 900099 55358 55358 224928 14208834 5329394 0 -256325 668623 524257 89972 54394 6681057 5309098 734502 637457 551560 420346 131214 992244 764116 194964 33164 548714 441481 55543 51690 15805 5805 10000 41160 41160 4391 4391 20290 20290 206322 129344 41423 35555 288178 288178 43943 22923 11512 9508 178085 37636 140449 172309 172309 1252629 988956 161539 102134 84418 80633 163 3622 5822 3873 1949 1396443 1102497 180086 113860 131161 103552 16915 10694 PRODUCTION 1666106 1666106 HOUSING 391383 391383 GOV'T & PROFESSIONAL DU 53959 12060 37171 4728 MEALS & ENTERTAINMENT 44856 43168 325 1363 782509 211664 313707 257138 16221967 12719385 2182884 1319698 9925793 2499601 6151023 5588032 32032 70508 624888 753405 62137041 18483034 38096319 43654007 16086162 18506882 0 1201402 70916217 72273837 1102985 3221153 339731 535937 3500000 2418427 0 1213720 4942716 7389237 X 34805746 31670078 31167755 33214522 65973501 64884600 70916217 72273837 -2013133 924232 0 X 0 1 X 1 0 X 10782931 21684958 6659069 15106256 9135765 63368979 6679931 3591357 150369 4411490 5329394 20162541 17462862 25276315 6809438 19517746 14465159 83531520 1279819 7913655 1166882 1471727 2678782 14510865 0 1279819 7913655 1166882 1471727 2678782 14510865 69020655 602019 456241 408613 420891 560109 2447873 602019 456241 408613 420891 560109 2447873 333350 196621 36652 268900 224928 1060451 18398231 25929177 7254703 20207537 15250196 87039844 0.79300 0.80350 0.02810 0.02910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4391 4391 17080409 17084800 1000000 250000 0 0 854568 571628 909473 1000000 3335669 5003504 587 6442 5880 4391 17300 213642 142907 227368 250000 833917 1250876 X 0 12147226 645105 834257 20290 11937784 13863684 -1696458 20000 12147226 11367508 2698456 182280 20000 13863684 10850675 1253239 716406 20000 11367508 11200400 370291 700016 20000 10850675 0.00000 0.45000 0.55000 0 0 767621 767621 45136065 8050946 37085119 13028975 7937394 5091581 2768782 2242715 526067 435598 251979 183619 43654007 OPERATING LEASE LIABILITY 1213720 1213720 X 16201082 924232 225473 1149705 15051377 20290 -862833 -842543 14208834 17289983 225473 862833 1088306 16201677 20290 20290 16221967 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 -862,833. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 862,833. GALA 1551000 1443500 107500 25000 266821 294763 276249 1551000 1443500 107500 25000 266821 294763 276249 862833 -755333 X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 PAUL TETREAULT DIRECTOR 402855 0 225000 0 0 0 21350 0 29716 0 678921 0 0 0 KRISTIN FOX-SIEGMUND DEPUTY DIR AND DIR OF PROGAMMING 178759 0 10000 0 0 0 13526 0 26536 0 228821 0 0 0 DOUGLAS WILSON DIRECTOR OF FINANCE AND ADMIN 169904 0 10000 0 0 0 12626 0 13659 0 206189 0 0 0 ANDREW FOX HEAD CARPENTER 126382 0 2500 0 0 0 8883 0 17645 0 155410 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 - $76,022 WAS ACCRUED DURING THE TAX YEAR. NORMAN JEMAL BOARD MEMBER 468612 THE ORGANIZATION LEASED LOBBY SPACE FROM JEMALS ATLANTIC LLC WHICH IS AN ENTITY CONTROLLED BY DOUGLAS DEVELOPMENT CORPORATION. NORMAL JEMAL IS PRINCIPAL AND SENIOR VICE PRESIDENT OF DOUGLAS DEVELOPMENT CORPORATION. 0 CRAIG WALLACE EX OFFICIO TRUSTEE 18266 CRAIG WALLACE HAS BEEN EMPLOYED AS A CONTRACTED ACTOR WHEN CASTING IS APPROPRIATE AND DEPENDING ON THE NEEDS OF THE PRODUCTION SEASON. 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 THRID 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.