2022-03-18T11:05:22-05:00 2021-06-30 861400078 EVERGREEN ALLIANCE PROFESSIONAL CORP 4332 CERRITOS AVE SUITE A105 LOS ALAMITOS CA 90720 990 2020-07-01 954493498 CORNERSTONE THEATER COMPANY CORN 2136131700 PO BOX 412587 LOS ANGELES CA 90041 MEGAN WANLASS MANAGING DIRECTOR 2136131700 2022-03-17 1 MEGAN WANLASS 999009999 REBECCA CHRISTIANSEN P01219191 7143728110 2022-03-17 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MEGAN WANLASS PO BOX 412587 LOS ANGELES CA 90041 1411229 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. 8 7 22 50 0 0 1012208 1085288 27426 86959 -1076 71999 556 0 1039114 1244246 0 0 0 0 363011 403084 0 0 93629 292916 310790 655927 713874 383187 530372 1625554 2287990 273266 275206 1352288 2012784 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 237744 48234 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. 190877 38725 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 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. 428621 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 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 11 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 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 APRIL IBARRA VICE CHAIR 1.00 X X 0 0 0 CLEMENTINE BORDEAUX SECRETARY 1.00 X X 0 0 0 MARK VALDEZ CHAIR/ ARTIST 2.00 X X 10000 0 0 LEANNA HALLMAN DIRECTOR 1.00 X 0 0 0 ELIZABETH KENNEDY DIRECTOR 1.00 X 0 0 0 SARAH LANG DIRECTOR 1.00 X 0 0 0 GENEVIEVE RIUTORT DIRECTOR 1.00 X 0 0 0 TENA YATROUSSIS DIRECTOR 1.00 X 0 0 0 MICHAEL JOHN GARCES ARTISTIC DIRECTOR 50.00 X 90000 0 12066 MEGAN WANLASS MANAGING DIRECTOR 50.00 X 90000 0 13763 190000 0 25829 0 0 0 0 0 313429 771859 1085288 ADMISSIONS/PERFORMANCE 711110 48234 48234 TUITION/TEACHING FEES 611600 38725 38725 86959 4280 4280 234702 166983 67719 67719 67719 1244246 86959 0 71999 X 217907 139560 33418 44929 131661 119788 10121 1752 1876 1778 98 17441 15303 1739 399 34199 24879 4637 4683 20090 20090 189788 73042 80809 35937 3896 3497 399 7634 2178 4769 687 20356 16394 3574 388 1775 1775 6843 6843 16690 8345 8345 31521 21027 6039 4455 PRODUCTION COSTS 6327 6327 BANK AND MERCHANT FEES 5870 5870 713874 428621 191624 93629 326443 402796 18595 60763 565850 972327 245871 201549 61012 44322 639404 784054 14250 23728 1625554 2287990 30109 42796 243157 232410 273266 275206 X 832288 87374 520000 1925410 1352288 2012784 1625554 2287990 530372 130124 0 X X 0 1 X 1 0 X 1260213 645613 664485 1012208 1085288 4667807 1260213 645613 664485 1012208 1085288 4667807 1930822 2736985 18981 11658 14995 4868 4280 54782 556 556 4723145 420486 0.57950 0.50650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12700 X X 0 520000 52000 520000 520000 520000 520000 520000 520000 520000 520000 1.00000 0 0 245871 201549 44322 44322 LINE OF CREDIT 132423 PAYCHECK PROTECTION PLAN 99987 232410 X 1388098 130124 13728 143852 1244246 0 1244246 727602 13728 13728 713874 0 713874 PART III, LINE 4: IN 2014, THE ORGANIZATON RECEIVED DONATED ARTWORK THAT WAS RECORDED AT ITS APPRAISED VALUE. THE ARTWORK IS MANTAINED FOR POSTERITY AND CONTRIBUTES TO THE ORGANIATION'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 2D - OTHER ADJUSTMENTS: EXCESS ACCUMULATED DEPRECIATION ON RETIRED ASSETS 13,728. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXCESS ACCUMULATED DEPRECIATION ON RETIRED ASSETS 13,728. 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 FINANICAL 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 OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 73,042. MANAGEMENT AND GENERAL EXPENSES 80,809. FUNDRAISING EXPENSES 35,937. TOTAL EXPENSES 189,788. 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.