2022-09-20T13:38:17-05:00 2020-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990PF 2020-01-01 454035757 BUCKS COUNTY PLAYHOUSE THEATER INC BUCK 6094604630 55 BRIDGE STREET LAMBERTVILLE NJ 08530 SHERRI DAUGHERTY TRUSTEE/CO-CHAIR 6094604630 2022-09-20 1 SHERRI DAUGHERTY 999009999 LOVEPREET BUTTAR CPA P01329403 6096899700 2022-09-20 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 11928941 X 1232497 2906 2906 104843 104843 104843 0 0 973589 522647 450942 450942 542101 0 542101 2333289 2906 1097886 98431 0 81078 17353 862008 0 680269 181736 87402 0 0 87402 340 0 163 177 32336 0 0 32336 56347 0 19404 36943 102948 0 529 81067 223434 0 223434 334008 0 4419 329589 7063 0 0 7063 5525 0 247 5278 600292 0 88343 564664 2410134 0 1097886 1343608 0 0 2410134 0 1097886 1343608 -76845 2906 0 334055 1248224 1248224 219985 10022 10022 117662 61919 117662 117662 32538 70038 32538 32538 69785 56244 56244 366828 369181 369181 11964790 2165676 9991270 9799114 9799114 354029 295956 295956 11467909 11928941 11928941 456989 256894 663684 647956 753700 9190 9190 1129863 1667740 X 10233830 10246705 104216 14496 10338046 10261201 11467909 11928941 10338046 -76845 0 10261201 0 10261201 40 0 40 0 40 0 0 0 0 0 0 40 0 0 0 0 0 0 0 0 1 1 0 1 1 NJ NY PA DE 1 1 0 1 0 1 WWW.BCPTHEATER.ORG MANAGEMENT 2677402090 12 W MECHANIC STREET NEW HOPE PA 18938 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KEVIN DAUGHERTY 55 BRIDGE STREET LAMBERTVILLE NJ 08530 TRUSTEE/CO-CHAIR/TREASURER 8.00 0 0 0 SHERRI DAUGHERTY 55 BRIDGE STREET LAMBERTVILLE NJ 08530 TRUSTEE/CO-CHAIR/SECRETARY 8.00 0 0 0 TERESA SANPIETRO 55 BRIDGE STREET LAMBERTVILLE NJ 08530 GENERAL MANAGER 40.00 50345 4608 0 JAMIE DELACRUZ 55 BRIDGE STREET LAMBERTVILLE NJ 08530 DIRECTOR OF FINANCE 40.00 48085 42 0 SCOTT BLACKER 55 BRIDGE STREET LAMBERTVILLE NJ 08530 DIRECTOR OF ADVANCEM 40.00 114757 42 0 0 HOPE MILLS LLC 1501 BROADWAY STE 1800 NEW YORK NY 10036 THEATER MANAGEMENT & CONSULTING 135233 ODV HOSPITALITY 81 BIG OAK ROAD YARDLEY PA 19067 PARKING ATTENDANT 58031 0 THE THEATER OFFERED TICKETS FOR SALE TO THE GENERAL PUBLIC TO THE MANY THEATRICAL EVENTS PERFORMED AT THE THEATER IN 2020. THE RESTAURANT PROVIDED FOOD AND ENTERTAINMENT IN 2020. THE THEATER AND RESTAURANT CLOSED IN MARCH 2020 DUE TO THE CORONAVIRUS. IN JUNE 2020, THE RESTAURANT REOPENED WITH RESTRICTIONS AND LIMITED CAPACITY UNTIL THOSE RESTRICTIONS LIFTED ON MAY 31, 2021. THE THEATER OPERATIONS ARE STILL OPERATING AT A REDUCED CAPACITY, AND IT IS ANTICIPATED THAT THE ABILITY TO BE FULLY OPERATIONAL NEAR PRE-COVID-19-CRISIS CAPACITY WILL NOT BE POSSIBLE UNTIL WELL INTO 2022. 1185874 THE THEATER OFFERED EDUCATIONAL PROGRAMMING AND CLASSES TO THE GENERAL PUBLIC. 148752 THE THEATER OFFERED ARTS AND CRAFTS DURING THE YEAR INCLUDING THE VISITORS CENTER. 8982 IMPROVEMENTS TO THE THEATER WHICH READIED SEVERAL SPACES WITHIN THE THEATER FOR MUSICAL AND ARTISTIC PERFORMANCE INCLUDING UPGRADES TO THE PATRON DINING AREAS, BAR AND RESTAURANT. 31278 31278 0 816455 0 816455 0 0 816455 12247 804208 40210 X 1343608 31278 1374886 0 1374886 2013-08-07 X 0 0 0 0 0 0 0 0 0 0 1374886 1909091 4337816 1908634 9530427 0 0 0 0 0 1374886 1909091 4337816 1908634 9530427 11613571 11176891 11679476 8559111 43029049 11613571 11176891 11679476 8559111 43029049 0 0 0 0 0 KEVIN DAUGHERTY SHERRI DAUGHERTY X 0 0 COPRODUCTION 211676 EDUCATION CLASSES AND FEES 12371 TRANSACTION FEES 16554 RESTORATION FEES 14111 14 2906 104843 03 450942 PARKING 812930 45437 03 235419 MISC 01 333 EQUIPMENT RENTAL 03 6200 45437 460381 594974 1100792 1A THE THEATER SELLS TICKETS AS ADMISSION TO ITS LIVE THEATRICAL 1A PRODUCTIONS AND OTHER ENTERTAINMENT AND COMMUNITY EVENTS. 1B THE THEATER OFFERS EDUCATIONAL PROGRAMS FOR YOUNG PROFESSIONALS. 5B THE THEATER RENTS THE STAGE AND VENUE TO OTHER COMMUNITY GROUPS AND 5B ARTISTS IN FURTHERANCE OF ITS MISSION TO BRING THE ARTS TO THE 5B COMMUNITY. 0 0 0 0 0 0 0 0 0 0 X X 1 PIDC COMMUNITY CAPITAL CORPORATION 3500 CENTRE SQUARE WEST 100 MARKET PHILADELPHIA PA 19102 55000 X 2 ROBERT FIELD AND VIVIAN BANTA 420 LURGAN ROAD NEW HOPE PA 18938 50000 X 3 ROGER AND ANN MCNAMEE 300 OLIVE HILL LN WOODSIDE CA 94062 50000 X 4 THE PFUNDT FOUNDATION 3111 OLD LINCOLN HIGHWAY TREVOSE PA 19053 50000 X 5 JAMES AND TERESA KNIPPER 781 CAXAMBAS DR MARCO ISLAND FL 34145 26000 X 6 BANK OF AMERICA 1600 JOHN F KENNEDY BOULEVARD 4 PEN PHILADELPHIA PA 19103 25000 X 7 JOSEPH S AND DIANE H STEINBERG 84 REMSEN STREET BROOKLYN NY 11201 25000 X 8 BUCKS COUNTY CONFERENCE & VISITORS BUREAU 3207 STREET ROAD BENSALEM PA 19020 20000 X 9 ROBYN GOODMAN 1501 BROADWAY SUITE 1800 NEW YORK NY 10036 20000 X 10 VITO AND ANGELA MANGIAPANE 507 WATERVIEW PLACE NEW HOPE PA 18938 20000 X 11 APRIL AND DAVID NAVAZIO 38 WOODSIDE LANE NEW HOPE PA 18938 15000 X 12 GEORGE H AND ESTELLE M SANDS FOUNDATION 505 WATERVIEW PLACE NEW HOPE PA 18938 15000 X 13 JOHN BISIGNANO AND ALEXANDRA STORM PO BOX 12 MECHANICSVILLE PA 18934 15000 X 14 PHEASANT HILL FOUNDATION PO BOX 320 HOPEWELL NJ 08525 15000 X 15 DANE LEVENS AND DREW DESKY 50 TAMARACK DRIVE SOLEBURY TOWNSHIP PA 18913 12500 X 16 DAVID R MCSHANE 6764 PAXSON ROAD NEW HOPE PA 18938 10000 X 17 JOSEPH AND JUDITH FRANLIN PO BOX 290 BEDMINSTER PA 18910 10000 X 18 SMALL BUSINESS ADMINISTRATION ADMINISTRATOR WASHINGTON DC 20416 10000 X 19 SHAREN POPKIN 62 DILLON WAY WASHINGTON CROSSING PA 18977 10000 X 20 LINDA HODGDON 207 CALAIS CIRCLE DOYLESTOWN PA 18902 9500 X 21 JACKIE GRIMM 3940 N FLAGLER DRIVE 401 WEST PALM BEACH FL 33407 8000 X 22 DAVID AND SANDRA MARSHALL 6361 MEETINGHOUSE RD NEW HOPE PA 18938 5025 X 23 ERNST AND YOUNG 1201 ELM STREET SUITE 1400 DALLAS TX 75270 5000 X 24 MARILYN AND DON HAYDEN 189 NORTH CHANCELLOR STREET NEWTOWN PA 18940 5000 X 25 STEVEN KAPLAN AND COURT WHISMAN 175 WEST 60TH STREET 20F NEW YORK NY 10023 5000 X 26 TEAM TOYOTA 746 EAST LINCOLN HIGHWAY LANGHORNE PA 19047 5000 X 27 TERENCE AND SHERI MCCOY 235 N MAIN ST NEW HOPE PA 18938 5000 X 28 THE BYERS FOUNDATION PO BOX 158 CHALFONT PA 18914 5000 X 29 THE LEHMAN FOUNDATION 1054 CREAMERY ROAD NEWTOWN PA 18940 5000 X 30 PLAYHOURSE ARTISTS 12 WEST MECHANIC STREET 2C NEW HOPE PA 18938 465000 X 31 BRIDGE STREET FOUNDATION INC 55 BRIDGE STREET LAMBERTVILLE NJ 08530 160000 X ACCOUNTING 32336 0 0 32336 FORM 990-PF IRS NOTICE REFERENCE # 0422897271LTR 2697CWE ARE WRITING TO YOU REGARDING THE NOTICE REFERENCED ABOVE WHERE THE 990-PF FOR THE YEAR ENDED DECEMBER 31, 2020 WAS NOT ACCEPTED BECAUSE IT WAS FILED IN PAPER. THE DECEMBER 31, 2020 RETURN WAS DUE NOVEMBER 15, 2021. THERE WAS AN ATTEMPT TO E-FILE THE 2020 RETURN ON NOVEMBER 11, 2021. SUBSEQUENT TO THIS DATE, THERE WERE PHONES CALLS WITH AN IRS AGENT TO ATTEMPT TO E-FILE THIS RETURN. IN ORDER TO ATTEMPT TO FILE TIMELY, THE RETURN WAS PAPER-FILED. WE IDENTIFIED AND CHANGED THE FORM 990-PF, PART VI, LINE 1A TO BE CONSISTENT WITH WHAT THE IRS HAD IN THEIR RECORDS. ONCE THIS CHANGED WAS MADE, THE 2020 RETURN IS BEING E-FILED.BASED ON THESE FACTS, WE BELIEVE THE FORM 990-PF WAS FILED BEFORE ITS DUE DATE HOWEVER DUE TO THE ISSUES MENTIONED ABOVE, THE E-FILE WAS NOT PROCESSED. BASED ON THE ABOVE FACTS, THE RETURN WAS FILED AND SUBMITTED TO THE IRS. ACCORDINGLY, WE BELIEVE THAT WE QUALIFY FOR ABATEMENT OF ANY PENALTIES UNDER THE REASONABLE CAUSE STATUTES. WE RESPECTFULLY REQUEST ABATEMENT OF ANY ASSESSED PENALTIES. STATEMENTS OF LAWPROVISIONS EXIST REGARDING WAIVER OF PENALTIES, NAMELY, WAIVING THE PENALTY FOR A FAILURE RELATING TO REASONABLE CAUSE WHICH IS NOT DUE TO WILLFUL NEGLECT.UNDER THIS STANDARD, THE PENALTY IS WAIVED FOR REASONABLE CAUSE ONLY IF THE FILER ESTABLISHES THAT EITHER:I. THE FILER EXERCISED REASONABLE CARE, WHICH IS THAT STANDARD OF CARE THAT A REASONABLY PRUDENT PERSON WOULD USE UNDER THE CIRCUMSTANCES IN THE COURSE OF ITS BUSINESS IN DETERMINING ITS FILING OBLIGATIONS AND IN HANDLING ACCOUNT INFORMATION SUCH AS ACCOUNT NUMBERS AND BALANCES, ANDII. THAT THE FILER UNDERTOOK SIGNIFICANT STEPS TO AVOID OR MITIGATE THE FAILURE.MOREOVER, THE FILER MUST ESTABLISH THAT THE FILER ACTED IN A RESPONSIBLE MANNER, BOTH BEFORE AND AFTER THE FAILURE OCCURRED. ACTING IN A RESPONSIBLE MANNER MEANS:A. REQUESTING APPROPRIATE EXTENSIONS OF TIME TO FILE, WHEN PRACTICABLE, IN ORDER TO AVOID THE FAILURE, (IT WAS UNDERSTOOD THAT THE APPROPRIATE EXTENSIONS HAD BEEN FILED IN A TIMELY MANNER PER ABOVE)B. ATTEMPTING TO PREVENT AN IMPEDIMENT OR A FAILURE, IF IT WAS FORESEEABLE,C. ACTING TO REMOVE AN IMPEDIMENT OR THE CAUSE OF A FAILURE, ONCE IT OCCURRED, ANDD. RECTIFYING THE FAILURE AS PROMPTLY AS POSSIBLE ONCE THE IMPEDIMENT WAS REMOVED OR THE FAILURE WAS DISCOVERED.BOTH THE ORGANIZATION AND THE PROFESSIONAL TAX ADVISOR EXERCISED DUE DILIGENCE IN MAKING SURE THE RETURN WAS FILED BEFORE THE EXTENDED DUE DATE. IN ADDITION, A HISTORY OF COMPLIANCE WITH THE TAX LAWS OF THE UNITED STATES REGARDING THE FILING OF THE ORGANIZATION'S FORM 990. THE FOUNDATION HAS FILED ITS PRIOR FORMS 990 ON A TIMELY BASIS.CONCLUSIONWE REQUEST CONSIDERATION FOR ABATEMENT OF ALL PROPOSED PENALTIES FOR THE ABOVE NAMED TAXPAYER IN THIS REQUEST FOR ABATEMENT FOR THE FOLLOWING REASONS:1. ALL ACTIONS TAKEN BY THE ORGANIZATION ARE REPRESENTATIVE OF GOOD FAITH AND DUE DILIGENCE IN COMPLYING WITH THE INCOME TAX LAWS OF THE UNITED STATES OF AMERICA. TAX COMPLIANCE BURDENS PLACED ON NON-PROFIT ORGANIZATIONS ARE SUCH THAT IT IS AN ORDINARY COURSE TO HIRE PROFESSIONAL TAX ADVISORS TO ENSURE COMPLIANCE WITH THE TAX LAWS.2. THERE WAS NO INJURY TO ANY PARTY INVOLVED WITH THE FILING OF THE RETURNS AND EXTENSION FORMS. THE RETURN WAS FILED TIMELY BASED ON THE EXTENDED DUE DATE. 3. THE TAXPAYER HAS A HISTORY OF COMPLIANCE WITH THE TAX LAWS OF THE UNITED STATES OF AMERICA.PLEASE ACCEPT THIS EXPLANATION, AS REQUESTED IN THE NOTICE REFERENCED ABOVE, ALONG WITH THE FILING OF THE 2020 RETURN. LEGAL 340 0 163 177 THEATER INTANGIBLES 198303 201789 201789 VIDEO 232320 232320 232320 OTHER INTANGIBLES 100547 98842 98842 LESS ACCUMULATED AMORTIZATION -298531 -353815 -353815 DEPOSITS 121390 116820 116820 LICENSES AND FEES 48443 0 0 48443 OFFICE SUPPLIES 2814 0 1351 1463 GENERAL INSURANCE 76744 0 4097 106160 WORKERS COMPENSATION INSURANCE 12020 0 0 12020 POSTAGE 1050 0 504 546 DUES AND SUBSCRIPTIONS 2796 0 1342 1454 OTHER GENERAL AND ADMIN 12460 0 0 13118 BREAKROOM SUPPLIES 1253 0 601 652 CREDIT CARD FEES 29112 0 0 29112 MARKETING 42958 0 0 42958 EDUCATION PROGRAMMING 14017 0 0 9113 FUND DEVELOPMENT 25435 0 0 36012 PARKING- VALET 46376 0 7503 38873 PARKING LOT LEASE AND EXPENSE 85021 0 13755 84137 PRESENTATION 135581 0 0 135581 VISITOR CENTER EXPENSE 3322 0 0 3322 TROLLEY 1700 0 0 1700 AMORTIZATION 59190 0 59190 0 COPRODUCTION 211676 211676 EDUCATION CLASSES AND FEES 12371 12371 TRANSACTION FEES 16554 16554 RESTORATION FEES 14111 14111 PARKING 280856 280856 MISC 333 333 EQUIPMENT RENTAL 6200 6200 OTHER 9190 9190 PAYROLL SERVICE 17539 0 0 17539 THEATER MANAGEMENT FEE 38808 0 19404 19404 BUSINESS TAXES 1103 0 529 574 PAYROLL TAX 101845 0 0 80493