2023-07-20T19:29:37-05:00 2022-06-30 330310569 Haskell & White LLP 300 Spectrum Center Drive Suite 300 Irvine CA 92618 990 2021-07-01 951509841 The Laguna Playhouse LAGU 9494972787 PO BOX 1747 Laguna Beach CA 926521747 Veltria Roman CFO and CTO 9494972787 2023-07-18 1 Veltria Roman 999009999 Rick Smetanka P01677376 9494506200 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Bill Kerlin PO BOX 1747 Laguna Beach CA 926521747 7420568 0 X www.lagunaplayhouse.com X 1929 CA To produce theatrical performances & educational programs to the community. 23 20 67 125 0 0 2135377 4868005 227554 2103975 6571 -31995 462535 157212 2832037 7097197 0 0 0 0 1743505 2251504 0 0 404911 895341 2786224 2638846 5037728 193191 2059469 6832356 8542598 2883834 2542701 3948522 5999897 The Laguna Playhouse's mission is to enrich lives through the magic of live theatre, to provide educational opportunities for children and adults, and to create experiences that stimulate cultural and social interaction and inspire our community. 0 0 2457410 1878359 Main Stage Theatre Productions: The Laguna Playhouse is the oldest continually operating theatre on the West Coast. It is recognized as one of California's premier resident theatres, performing award-winning live theatre since 1920. Its activities include six Main Stage productions with over 300 performances year round for a diverse audience of over 100,000 Orange County residents and visitors. The Laguna Playhouse, a 501(c)3 nonprofit, has received numerous artistic and education awards. 308435 160455 Youth Education Programs: -Conservatory: offering comprehensive, after school, year-long theatre training in a professional setting for talented, aspiring young actors, ages 10-18. Scholarships are available for low-income youth.-Youth Theatre: a nationally recognized series of fully-staged productions of popular stories for family audiences.-Theatre for a New Generation: offers provocative, issue-oriented dramas aimed at teens, parents and educators.-Spring/Summer Workshops: offers youth hands-on experiential learning with theatre professionals. 2765845 1 1 0 0 0 0 0 0 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 0 0 1 1 0 0 0 0 0 0 0 0 1 27 0 67 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 20 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Veltria Roman 9494940744 PO BOX 1747 Laguna Beach CA 926521747 Glenn Gray Chairman 4.00 X X 0 0 0 Lisa Hale Vice Chairman 4.00 X X 0 0 0 Jim Mellor Trustee 4.00 X 0 0 0 Justin Myers Trustee 4.00 X 0 0 0 Heidi Miller Trustee 4.00 X 0 0 0 Melinda Masson Trustee 4.00 X 0 0 0 Jared Mathis Governance and Nominating 4.00 X 0 0 0 Greg MacGillivray Trustee 4.00 X 0 0 0 Barbara MacGillivray Trustee 4.00 X 0 0 0 Gary Jenkins Trustee 4.00 X 0 0 0 James Hale Treasurer 4.00 X X 0 0 0 Mo Honarkar Trustee 4.00 X 0 0 0 Jeff Meberg Trustee 4.00 X 0 0 0 Xiaohong Rose Trustee 4.00 X 0 0 0 Kate Phelan Secretary 4.00 X 0 0 0 Sandra Wirta Trustee 4.00 X 0 0 0 Jeff Winston Trustee 4.00 X 0 0 0 Harley Bassman Trustee 4.00 X 0 0 0 James Cobb Trustee 4.00 X 0 0 0 Otis Healy Trustee 4.00 X 0 0 0 Ilona Martin Trustee 4.00 X 0 0 0 Ellen Richard Executive Producing Director 40.00 X 236280 0 8859 Veltria Roman CFO/CTO 40.00 X 82059 0 3979 Denys Baker General Manager 40.00 X 113173 0 7871 Ann E Wareham Artistic Director 40.00 X 147344 0 8451 578856 0 29160 3 0 1 0 Surflight Theatre PO Box 1424 Beach Haven NJ 08008 Producer 331489 Innovative Management Group 1051 South Bridge Street Worcester MA 01610 Producer 189025 Givekidspanto 7800 Beverly Blvd 207 Los Angeles CA 90036 Producer 181392 Tom Simpson 1278 Glenneyre 239 Laguna Beach CA 92651 Construction 140000 4 3865462 1002543 49131 4868005 Admissions 711110 1878359 1878359 Concession 711110 124103 124103 Other 711110 65161 65161 Tuition 711110 36352 36352 2103975 3994 3994 58898 44715 14183 14183 14183 35989 -35989 -35989 -35989 385696 242667 143029 143029 7097197 2103975 0 125217 505924 171496 269928 64500 1432980 485747 764545 182688 55000 18644 29344 7012 83938 28453 44784 10701 173662 58867 92655 22140 252049 226844 25205 151212 30242 113409 7561 174946 122462 26242 26242 114317 97169 11432 5716 558 558 22266 17813 4453 79946 79946 162872 81436 81436 82112 73900 4106 4106 Theatrical Fees 1052552 1052552 Telephone and Utilities 90703 72563 9070 9070 Professional Fee 90564 22642 63394 4528 Bank Charges 58216 40751 5822 11643 453911 163706 270859 19346 5037728 2765845 1866972 404911 2479663 2570473 712292 2283357 610851 347564 14111 27212 150552 309834 5775517 2833399 2845644 2942118 16336 59133 2907 2907 6832356 8542598 278053 348896 989455 1142890 1535437 1039820 73274 10980 7615 115 2883834 2542701 X 3215684 5366714 732838 633183 3948522 5999897 6832356 8542598 2059469 -8094 0 X 0 1 X 1 1 1 X 2937569 1922298 1986535 2135377 4868005 13849784 4837171 4803311 3463209 227554 2103975 15435220 7774740 6725609 5449744 2362931 6971980 29285004 1729915 556550 652668 656962 899209 4495304 0 1729915 556550 652668 656962 899209 4495304 24789700 1738 294 3225 6571 3994 15822 1738 294 3225 6571 3994 15822 462535 157212 619747 7776478 6725903 5452969 2832037 7133186 29920573 0.82850 0.84670 0.00050 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 241970 3350 -8094 237226 177403 14505 50062 241970 168950 10000 -1547 177403 137309 31641 168950 130490 6819 137309 0 0 653826 653826 610755 209179 401576 3200260 1497933 1702327 1189828 1014911 174917 120848 111376 9472 2942118 Refundable security deposits 115 115 X 7417017 -8094 4543 323371 319820 7097197 0 7097197 5365643 4543 323371 327914 5037729 0 5037729 Part X, Line 2: As stated in the Organization's audited financial statements, "Management does not believe the Playhouse has any potential uncertain tax positions, such as unrelated business income or activities that may jeopardize its tax-exempt status." Part XI, Line 2d - Other Adjustments: Rental Expense 44,715. Fixed Assets Disposal Loss 35,989. Special Events Direct Expenses 242,667. Part XII, Line 2d - Other Adjustments: Rental Expense 44,715. Fixed Assets Disposal Loss 35,989. Special Events Direct Expenses 242,667. Part V, Line 4 Intended Uses of Endowment Funds: The endowment fund is to be held in perpetuity with earnings appropriated through the Organization's annual budgeting process. Gala 375871 375871 242667 1 9825 9825 385696 385696 242667 242667 143029 X 1 1 X X X 0 0 0 0 0 0 0 0 0 Ellen Richard Executive Producing Director 236280 0 0 0 0 0 0 0 8859 0 245139 0 0 0 Ann E Wareham Artistic Director 147344 0 0 0 0 0 0 0 8451 0 155795 0 0 0 Joseph Hanauer Trustee On April 1, 2012, the Playhouse entered into a 36 month lease for office space at 580 Broadway, Laguna Beach, California. This office space is owned by an entity that is controlled by a former member of the Board of Trustees of the Playhouse, Joe Hanauer. This lease has been amended most recently to expire on April 30, 2024 and require monthly rental payments between $1,871 and $2,138 per month plus maintenance and other charges. During the year ended June 30, 2022, the Playhouse incurred total rent expense of $42,006 under this lease. 0 Glenn Gray Treasurer Note Payable - In May 2018, the Playhouse entered into a $1,090,688 mortgage note payable agreement with a bank, where Mr. Gray formerly served as CEO and President, to purchase a condominium, as well as refinance four separate existing mortgage notes. The note currently bears 5% interest and is amortized over 9 years maturing May 16, 2027. Balance due as of June 30, 2022 was $1,039,820, and the note is collateralized by five condominium properties. 0 X Special Event Item 64 49131 Estimated Fair Value 0 1 0 Form 990, Part VI, Section A, line 2 - Trustees Greg and Barbara MacGillivray are husband and wife; trustees James and Lisa Hale are husband and wife. Form 990, Part VI, Section B, line 11b - The Audit Committee is responsible for reviewing the Laguna Playhouse's Form 990 (including all pertinent Schedules) before it is filed with the Internal Revenue Service. - A draft of the Form 990 is obtained and reviewed by the Audit Committee before the filing deadline. - If the Audit Committee desires more information in the process of its review of the Form 990, then they will contact the preparer of the Form 990 to request copies of the relevant detailed tax return work papers which they would like to see and/or make inquiries of the preparer. - Once the Audit Committee has completed its initial review of the Form 990, a meeting or conference call may be scheduled with the preparer of the Form 990 (regardless of whether the Form 990 is externally or internally prepared) to discuss any questions, comments, and suggested revisions identified by the Audit Committee. - The preparer of the Form 990 will make any revisions to the Form 990 as soon as feasibly possible to ensure that the Form 990 is filed with the Internal Revenue Service on a timely basis. - All questions, comments, and suggested revisions set forth by the Audit Committee are documented, along with any responses from the preparer of the Form 990, if applicable. - After the Form 990 has been reviewed by the Audit Committee and filed with the Internal Revenue Service, the Audit Committee will make a report at the next full Board of Directors meeting to update the full Board regarding its review of the Form 990. Form 990, Part VI, Section B, line 12c All Board members are required to sign a statement of compliance with the conflict of interest policy annually, and are advised throughout the year to report any changes in status when it arises. Form 990, Part VI, Section B, line 15 The Laguna Playhouse follows the procedures set forth below in determining compensation arrangements for its Artistic Director, its Executive Director, and any other employee who is considered a Key Employee for purposes of IRS Form 990. 1. The compensation arrangement will be approved in advance by an authorized body composed of members of the Board of Trustees who do not have a conflict of interest concerning the compensation arrangement. The authorized body will consist of the Chairperson of the Board of Trustees, unless for a particular compensation arrangement, the Chairperson of the Board of Trustees designates a different authorized body. The compensation arrangement will be included and part of the annual budget for the Laguna Playhouse. 2. Prior to making its determination, the authorized body will obtain and rely upon appropriate data as to comparability. The Theater Communications Group salary survey will be used for benchmark purposes. 3. The authorized body adequately and timely documents the basis for its determination concurrently with making that determination. Form 990, Part VI, Section C, line 19 The following documents of the Laguna Playhouse will be available (for inspection or copying) at the Laguna Playhouse's main office during normal business hours at no charge: - Tax Exemption Application (Form 1023) - Internal Revenue Service Determination Letter - Articles of Incorporation - By-Laws - Conflict of Interest Policy - Most Recent Audited Financial Statements The public inspection copy of the Laguna Playhouse's Form 990, from the previous three years (at a minimum), will be available (for inspection or copying) at the Laguna Playhouse's main office during normal business hours at no charge. The public inspection copy of the Form 990 will not include the schedule of Schedule A excess contributors or the Schedule B names and addresses of contributors. The Laguna Playhouse will make best efforts to ensure that the Forms 990 held at their main office is the most updated version. For example, in the instance where a Form 990 has been amended, the amended version of the Form 990 should be the one available for public inspection. When responding to a public inspection request for any Laguna Playhouse document or Form 990 by anyone, the Laguna Playhouse shall fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request.