2025-05-12T15:36:07-05:00 2024-06-30 236410283 ISDANER & COMPANY LLC ONE BALA PLAZA SUITE 502 BALA CYNWYD PA 19004 990 2023-07-01 232798692 LANTERN THEATER COMPANY LANT 2158299002 PO BOX 53428 PHILADELPHIA PA 19105 STACY MARIA DUTTON EXECUTIVE DIRECTOR 2158299002 2025-05-12 1 0 EDWARD W DORAN CPA P00841330 6106684200 2025-05-12 2023 2025-03-06 01:10:19Z STACY MARIA DUTTON PO BOX 53428 PHILADELPHIA PA 19105 3092810 0 X WWW.LANTERNTHEATER.ORG X 1994 PA TO PRODUCE PLAYS THAT ILLUMINATE WHAT IS ESSENTIAL IN THE HUMAN SPIRIT AND THE SPIRIT OF THE TIMES. 15 13 87 362 0 0 698914 2496121 487196 562122 351 14460 55834 -4762 1242295 3067941 0 0 0 0 1182583 1173306 0 0 106008 788555 829078 1971138 2002384 -728843 1065557 1114448 2746427 436071 1002493 678377 1743934 TO PRODUCE PLAYS THAT INVESTIGATE AND ILLUMINATE WHAT IS ESSENTIAL IN THE HUMAN SPIRIT AND THE SPIRIT OF THE TIMES, TO PRESENT RELATED AUDIENCE ENRICHMENT PROGRAMS, AND TO EDUCATE OUR REGION'S YOUTH USING THEATRICAL TECHNIQUES AND GREAT LITERATURE. 0 0 1362993 498162 DURING THE 2023/24 SEASON, WE PRODUCED 148 PUBLIC PERFORMANCES OF FIVE MAINSTAGE PLAYS, INCLUDING TARTUFFE BY MOLIERE; THE PHILADELPHIA PREMIERE OF CRUMBS FROM THE TABLE OF JOY BY LYNN NOTTAGE; OUR ANNUAL PRESENTATION OF AN ORIGINAL ADAPTATION OF CHARLES DICKENS' A CHRISTMAS CAROL BY ANTHONY LAWTON, CHRISTOPHER COLUCCI, AND THOM WEAVER; FAITH HEALER BY BRIAN FRIEL; AND THE COMEDY OF ERRORS BY WILLIAM SHAKESPEARE. THESE PRODUCTIONS REACHED 15,076 PATRONS. WE ALSO PRESENTED 19 AUDIENCE ENRICHMENT EVENTS, WHICH REACHED 799 AUDIENCE MEMBERS. 226813 72870 DURING THE 2023/24 SEASON, OUR EDUCATION PROGRAM INCLUDED IN-SCHOOL RESIDENCIES AND STUDENT MATINEE PERFORMANCES. WE HOSTED 5,692 STUDENTS AND TEACHERS AT 24 STUDENT MATINEE PERFORMANCES, INCLUDING 4,953 AT OUR ANNUAL PRODUCTION OF ROMEO AND JULIET FOR MIDDLE SCHOOL AND HIGH SCHOOL AUDIENCES AND 1,099 AT STUDENT MATINEE PERFORMANCES OF OUR MAINSTAGE PLAYS. WE ALSO PROVIDED OUR CLASSROOM CONNECTIONS RESIDENCY PROGRAM TO 1,506 MIDDLE AND HIGH SCHOOL STUDENTS. OTHER EDUCATION PROGRAMMING INCLUDED CPE TRAINING FOR TEACHERS WITH OUR BARD BASICS WORKSHOPS (20 SERVED) AND TEACHING ARTIST TRAINING WITH AFTER SCHOOL ACTIVITIES PARTNERSHIPS (18 SERVED). 1589806 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 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 87 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA NJ X X MANAGEMENT 2158299002 7058 GERMANTOWN AVENUE SUITE 102 PHILADELPHIA PA 19119 DANA J ASH CHAIR 5.00 X X 0 0 0 JEFFREY COOPER VICE PRESIDENT 2.00 X X 0 0 0 DONNA SAUL MILLEN VICE PRESIDENT 2.00 X X 0 0 0 JUDITH D FREYER TREASURER 2.00 X X 0 0 0 KAKI SHORT SECRETARY 2.00 X X 0 0 0 CHARLES MCMAHON ARTISTIC DIRECTOR 40.00 X X 81503 0 11966 STACY MARIA DUTTON PRESIDENT & EXECUTIVE DIRE 40.00 X X 66512 0 9671 EUGENE BISSELL CHAIR EMERITUS 1.00 X 0 0 0 MARK GREENBERG DIRECTOR 1.00 X 0 0 0 MELISSA GREENBERG DIRECTOR 1.00 X 0 0 0 BETSY KALISH DIRECTOR 1.00 X 0 0 0 EVERETT KENYATTA DIRECTOR 1.00 X 0 0 0 GREGORY J KLEIBER CHAIR EMERITUS 1.00 X 0 0 0 TIFFANY SPRAGGINS-PAYNE DIRECTOR 1.00 X 0 0 0 ROAN YARN DIRECTOR 1.00 X 0 0 0 148015 0 21637 0 0 0 0 0 13553 91224 2391344 7233 2496121 TICKET SALES 900099 523924 523924 HANDLING FEES 900099 24000 24000 EDUCATION INCOME 900099 7600 7600 CONCESSIONS INCOME 900099 6598 6598 562122 14460 14460 11197 13553 24869 -13672 -13672 MISC INCOME 900099 8910 8910 8910 3067941 571032 0 788 165477 85195 40383 39899 837130 742043 77352 17735 21260 18703 1739 818 75086 69185 5550 351 74353 60698 9287 4368 18531 18531 116289 116289 11984 8748 2397 839 14444 10544 2889 1011 30130 30130 177155 152125 21918 3112 4246 3098 781 367 38136 33074 5062 28108 21945 4392 1771 EDUCATION AND OUTREACH 226813 226813 PRODUCTION MATERIALS 84492 84492 FRONT OF HOUSE 43013 43013 FUNDRAISING 35737 35737 2002384 1589806 306570 106008 283130 26802 267579 417189 65500 1265584 5600 28 132148 124921 539768 384463 168885 155305 191606 756598 1114448 2746427 56909 41883 185094 201550 194068 759060 436071 1002493 X 505996 291362 172381 1452572 678377 1743934 1114448 2746427 1065557 0 X X 0 1 X 1 0 X 1214568 926487 1405533 698914 2496121 6741623 1214568 926487 1405533 698914 2496121 6741623 2743429 3998194 2609 2649 350 351 14460 20419 6762042 2183355 0.59130 0.66260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 539768 384463 155305 155305 RIGHT OF USE ASSET - LEASE 756598 756598 RIGHT OF USE LEASE 759060 759060 X 3092810 24869 24869 3067941 0 3067941 2027253 24869 24869 2002384 0 2002384 PART X, LINE 2: LANTERN IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, LANTERN RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING LANTERN'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS WAS RECORDED AS OF JUNE 30, 2024 OR 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 24,869. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 24,869. 30TH ANNIVERSARY GALA 24750 13553 11197 24869 24750 13553 11197 24869 24869 -13672 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS WITH THE COMPANY'S INDEPENDENT ACCOUNTING FIRM TO REVIEW THE 990 TO ENSURE ACCURACY. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C LANTERN THEATER COMPANY'S CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM ARE DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS EACH FISCAL YEAR. THE NOMINATING AND GOVERNANCE COMMITTEE OVERSEES THIS PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION LEVELS ARE REVIEWED ANNUALLY AND INCREASES ARE EVALUATED BASED ON JOB PERFORMANCE, COST OF LIVING, AND BUDGETARY PARAMETERS. COMPENSATION LEVELS ARE PERIODICALLY COMPARED WITH DATA COMPILED BY LOCAL AND NATIONAL SERVICE ORGANIZATIONS OF WHICH LANTERN THEATER COMPANY IS A CONSTITUENT MEMBER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR.ORG AND UPON REQUEST. FORM 990, PART XII, LINE 2C THE FINANCE & AUDIT COMMITTEE, COMPOSED OF BOARD MEMBERS AND EXECUTIVE STAFF, OVERSEES THE PERIODIC SELECTION OF AN INDEPENDENT AUDITOR AND REVIEWS THE ANNUAL AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.