2025-05-15T18:25:15-05:00 2024-06-30 861400078 EVERGREEN ALLIANCE PROFESSIONAL CORP 4332 CERRITOS AVE SUITE A105 LOS ALAMITOS CA 90720 990 2023-07-01 954493498 CORNERSTONE THEATER COMPANY CORN 2136131700 PO BOX 412587 LOS ANGELES CA 90041 MEGAN WANLASS MANAGING DIRECTOR 2136131700 2025-05-15 1 1 P01219191 7143728110 2025-05-12 2023 2025-03-06 01:10:19Z MEGAN WANLASS PO BOX 412587 LOS ANGELES CA 90041 671164 0 X CORNERSTONETHEATER.ORG X 1994 CA CORNERSTONE THEATER COMPANY COLLABORATES WITH COMMUNITIES. OUR WORK REFLECTS COMPLEXITY, DISRUPTS ASSUMPTIONS, WELCOMES DIFFERENCE, AND AMPLIFIES JOY. BY COMBINING THE ARTISTRY OF PEOPLE WITH MANY LEVELS OF THEATRICAL EXPERIENCE, WE ACT UPON THE CONVICTION THAT ARTISTIC EXPRESSION IS CIVIC ENGAGEMENT AND THAT ACCESS TO A CREATIVE FORUM IS ESSENTIAL TO THE WELLNESS AND HEALTH OF EVERY INDIVIDUAL AND COMMUNITY. 9 9 51 25 0 0 878701 314876 57209 34700 50842 10160 772 656 987524 360392 0 0 0 0 694697 536412 22000 75 76695 407675 273940 1124372 810427 -136848 -450035 1901187 1517070 81429 46772 1819758 1470298 X CORNERSTONE THEATER COMPANY COLLABORATES WITH COMMUNITIES. OUR WORK REFLECTS COMPLEXITY, DISRUPTS ASSUMPTIONS, WELCOMES DIFFERENCE, AND AMPLIFIES JOY. BY COMBINING THE ARTISTRY OF PEOPLE WITH MANY LEVELS OF THEATRICAL EXPERIENCE, WE ACT UPON THE CONVICTION THAT ARTISTIC EXPRESSION IS CIVIC ENGAGEMENT AND THAT ACCESS TO A CREATIVE FORUM IS ESSENTIAL TO THE WELLNESS AND HEALTH OF EVERY INDIVIDUAL AND COMMUNITY. 0 0 529615 28850 THROUGH THE ARTISTIC PRACTICE OF COMMISSIONING AND PRODUCING NEW PLAYS, BOTH ORIGINAL WORKS AND CONTEMPORARY ADAPTATIONS OF CLASSICS, WHICH COMBINE THE ARTISTRY OF PROFESSIONAL AND COMMUNITY COLLABORATORS, CORNERSTONE BUILDS BRIDGES BETWEEN DIVERSE COMMUNITIES. A TEAM OF PROFESSIONAL THEATER MAKERS AND CORNERSTONE ENSEMBLE MEMBERS ENGAGE COMMUNITY MEMBERS TO PARTICIPATE IN ALL ASPECTS OF THE PLAY DEVELOPMENT PROCESS, FROM SCRIPT DEVELOPMENT TO PERFORMANCE TO BACKSTAGE SUPPORT. 34924 5850 CORNERSTONE PROVIDES TRAINING PROGRAMS THAT CREATE OPPORTUNITIES FOR BOTH NEW AND ESTABLISHED ARTISTS TO DEEPEN THEIR KNOWLEDGE OF COMMUNITY ENGAGED THEATER. THE TRAININGS RELY ON PARTICIPANTS' INPUT AND CREATIVITY FOR ACTIVITIES AND CONVERSATIONS THAT INCLUDE AN INTRODUCTION TO CORNERSTONE'S THIRTY SEVEN YEAR HISTORY, HANDS-ON EXERCISES FOR CHOOSING AND ENGAGING COMMUNITIES, STORY GATHERING, SCRIPT WRITING AND ADAPTATION, AUDITIONS, CASTING AND DESIGN. TWO DAY INTENSIVES ARE HELD TWICE A YEAR AT CORNERSTONE AND THROUGHOUT THE NATION AS TAILORED PROGRAMS TO MEET THE NEEDS OF NON PROFITS, CORPORATIONS AND UNIVERSITIES. 564539 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MEGAN WANLASS 2136131700 PO BOX 412587 LOS ANGELES CA 90041 ELIZABETH KENNEDY CHAIR 2.00 X X 0 0 0 GENEVIEVE RIUTORT VICE CHAIR 1.00 X X 0 0 0 SARAH LANG TREASURER 1.00 X X 0 0 0 CLEMENTINE BORDEAUX SECRETARY 1.00 X X 0 0 0 LEANNA HALLMAN DIRECTOR 1.00 X 0 0 0 MARGARET IRWIN DIRECTOR 1.00 X 0 0 0 MARK VALDEZ DIRECTOR 1.00 X 0 0 0 TENA YATROUSSIS DIRECTOR 1.00 X 0 0 0 ANNIE YEE DIRECTOR 1.00 X 0 0 0 MEGAN WANLASS MANAGING DIRECTOR 50.00 X 95416 0 15759 CHARLOTTE BRATHWAITE CO-ARTISTIC DIRECTOR (AS OF 2/1/24) 30.00 X 0 0 0 SUNDER GANGLANI CO-ARTISTIC DIRECTOR (AS OF 2/1/24) 30.00 X 0 0 0 95416 0 15759 0 0 0 0 0 91250 223626 314876 ADMISSIONS/PERFORMANCE 711110 34300 34300 THEATER RENTAL EQUIPME 532000 400 400 34700 16721 16721 304211 310772 -6561 -6561 -6561 MISCELLANEOUS 900099 656 656 656 360392 34700 0 10816 X 172139 87189 33980 50970 288008 230795 45646 11567 6220 4858 681 681 27787 25787 1946 54 42258 30503 5147 6608 21400 21400 75 75 11089 11089 87845 74512 13333 4623 2480 1399 744 12893 5877 6266 750 22489 9473 13016 27203 24294 2844 65 86 86 11478 5739 5739 36250 25888 5181 5181 PRODUCTION COSTS 37058 37058 BANK AND MERCHANT FEES 1526 1526 810427 564539 169193 76695 302065 31162 470786 447716 354630 163910 14837 226230 214327 20496 11903 722503 816985 30707 30557 1901187 1517070 81429 41772 5000 81429 46772 X 613599 550087 1206159 920211 1819758 1470298 1901187 1517070 -450035 100575 0 X X 0 1 X 1 0 X 1012208 1085288 747382 878701 314876 4038455 1012208 1085288 747382 878701 314876 4038455 614564 3423891 4868 4280 12648 17456 16721 55973 556 772 34700 36028 4130456 246321 0.82890 0.83020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12700 X X 0 743877 91730 835607 685996 57881 743877 795155 -80843 28316 685996 634757 188381 27983 795155 635974 24141 25358 634757 0.38000 0.62000 0 0 226230 214327 11903 11903 X 449878 100575 100575 349303 11089 11089 360392 799338 0 799338 11089 11089 810427 PART III, LINE 4: IN 2014, THE ORGANIZATION RECEIVED DONATED ARTWORK THAT WAS RECORDED AT ITS APPRAISED VALUE. THE ARTWORK IS MAINTAINED FOR POSTERITY AND CONTRIBUTES TO THE ORGANIZATION'S MISSION OF PROMOTING ARTISTIC EXPRESSION AS A MEANS OF CIVIC ENGAGEMENT. PART V, LINE 4: ENDOWMENT FUND HAS BEEN ESTABLISHED TO SUPPORT GENERAL OPERATIONS. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS AN ENDOWMENT. PART X, LINE 2: THE COMPANY HAS RECEIVED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE AND CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND UNDER REVENUE AND TAXATION CODE SECTION 23701D, RESPECTIVELY. SINCE THE COMPANY IS EXEMPT FROM FEDERAL AND STATE INCOME TAX LIABILITY, NO PROVISION IS MADE FOR CURRENT OR DEFERRED INCOME TAXES. THE COMPANY USES THE SAME ACCOUNTING METHODS FOR TAX AND FINANCIAL REPORTING. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE COMPANY'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY OUR OUTSIDE CPA FOLLOWING THE COMPLETION OF A DRAFT OF THE AUDITED FINANCIAL STATEMENTS. THE OUTSIDE CPA MEETS WITH THE FINANCE/AUDIT COMMITTEE TO REVIEW THE FINANCIAL STATEMENTS AND FORM 990 TO ASSURE THAT ALL REPRESENTATIONS AND ANSWERS TO ISSUES, COMMENTS AND QUESTIONS ARE ACCURATE. APPROPRIATE REVISIONS ARE MADE TO THE AUDITED FINANCIAL STATEMENTS AND FORM 990 AND THE REVISED DRAFTS ARE GIVEN TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO PUBLICATION OF THE AUDITED FINANCIAL STATEMENTS AND FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT AND ARE EXPECTED TO DISCLOSE TO THE CHAIR ANY POTENTIAL CONFLICTS THAT MAY ARISE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 MANAGEMENT IS EVALUATED BY THE BOARD WHO DETERMINES COMPENSATION BASED ON PERFORMANCE, COMPARABLE SALARIES AND THE FINANCIAL CONDITION OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ARTISTIC: PROGRAM SERVICE EXPENSES 65,567. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,567. CONSULTANTS: PROGRAM SERVICE EXPENSES 8,945. MANAGEMENT AND GENERAL EXPENSES 13,333. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,278. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT AUDITOR AND FOR OVERSIGHT OF THE AUDIT PROCESS. THIS RESPONSIBILITY AND PROCESS IS UNCHANGED FROM THE PRIOR YEAR.