2022-07-12T07:43:18-05:00 2021-08-31 132781641 MITCHELL & TITUS LLP 80 PINE STREET NEW YORK NY 10005 990 2020-09-01 237313407 THE PEOPLE'S LIGHT & THEATRE COMPANY PEOP 6106471900 39 CONESTOGA RD MALVERN PA 193551737 ERICA EZOLD DIRECTOR OF FINANCE &OPERATION 6106471900 2022-07-12 1 ERICA EZOLD 999009999 FREDERICK E DAVIS JR P00446023 2127094500 2022-07-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ZAK BERKMAN 39 CONESTOGA RD MALVERN PA 193551737 3464986 0 X WWW.PEOPLESLIGHT.ORG X 1974 PA PEOPLE'S LIGHT, A CULTURAL AND CIVIC CENTER WITH THEATRE AT ITS CORE, INVITES AND CREATES OPPORTUNITIES FOR DIVERSE COMMUNITIES TO DISCOVER AND CELEBRATE OUR SHARED HUMANITY 29 28 143 20 0 0 5516949 2050179 1041526 112973 198882 254579 392728 230844 7150085 2648575 0 0 0 0 3357875 2583126 0 0 490503 2039203 1333627 5397078 3916753 1753007 -1268178 23062128 24049408 2711225 2705163 20350903 21344245 PEOPLE'S LIGHT, A CULTURAL AND CIVIC CENTER WITH THEATRE AT ITS CORE, INVITES AND CREATES OPPORTUNITIES FOR DIVERSE COMMUNITIES TO DISCOVER AND CELEBRATE OUR SHARED HUMANITY. 0 0 2253018 81521 MAINSTAGE SERIES PROVIDES APPROXIMATELY 60,000 PEOPLE WITH CULTURALLY DIVERSE DRAMA FROM KNOWN CLASSICS TO CONTEMPORARY PLAYS. 239502 31452 ARTS DISCOVERY, OUTREACH PROGRAMS, AND THEATRE SCHOOL PROVIDE MORE THAN 11,000 INTERACTIONS WITH SCHOOL STUDENTS. SECONDARY SCHOOL WORKSHOPS DEMONSTRATE THE CREATION AND PERFORMANCE OF A PLAY. THEATRE SCHOOL CLASSES ARE PROVIDED FOR THE EDUCATION OF THE COMMUNITY AND CULTURAL ENRICHMENT. 2492520 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 90 0 143 1 0 0 0 0 0 1 1 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X ERICA EZOLD 6106471900 39 CONESTOGA RD MALVERN PA 193551737 JOHN E BARTH TRUSTEE 1.00 X 0 0 0 DIANE L ZWAAN TRUSTEE FROM MARCH 2021 1.00 X 0 0 0 THOMAS P HOGAN TRUSTEE FROM JANUARY 2021 1.00 X 0 0 0 RENE BATTISTI TRUSTEE FROM JANUARY 2021 1.00 X 0 0 0 THOMAS JOHANTGEN TRUSTEE 1.00 X 0 0 0 PATRICK D LUSK TRUSTEE 1.00 X 0 0 0 JEFFREY B MCGROARTY TREASURER 1.00 X X 0 0 0 JESSIE MOOBERRY TRUSTEE UNTIL OCT 2020 1.00 X 0 0 0 MO PAKNEJAD TRUSTEE 1.00 X 0 0 0 ROMONA RISCOE BENSON TRUSTEE UNTIL AUG 2021 1.00 X 0 0 0 NICOLE SAKOWITZ TRUSTEE 1.00 X 0 0 0 MICHAEL SMITH TRUSTEE 1.00 X 0 0 0 JOHN E SPELLMAN TRUSTEE 1.00 X 0 0 0 L FREDERICK SUTHERLAND TRUSTEE 1.00 X 0 0 0 KARIN B TAKIFF TRUSTEE 1.00 X 0 0 0 SARAH SNYDER WITTIG TRUSTEE 1.00 X 0 0 0 KENNETH B MUMMA PRESIDENT 1.00 X X 0 0 0 KATHERINE H MCNABB VICE PRESIDENT 1.00 X X 0 0 0 KATHLEEN C GUBANICH SECRETARY 1.00 X X 0 0 0 BARBARA A AUSTELL TRUSTEE 1.00 X 0 0 0 DIANE BISHOP TRUSTEE 1.00 X 0 0 0 JAMES RYLAND TRUSTEE 1.00 X 0 0 0 JOHN SCHMADER TRUSTEE 1.00 X 0 0 0 STEVEN J REISS TRUSTEE 1.00 X 0 0 0 HEATHER HOYT TRUSTEE 1.00 X 0 0 0 DJ THORNTON TRUSTEE 1.00 X 0 0 0 AMANDA SCHALICH TRUSTEE 1.00 X 0 0 0 ROGER IDEISHI TRUSTEE 1.00 X 0 0 0 VICTORIA HARVEY STAFF REP 40.00 X 46066 0 10666 ABIGAIL ADAMS EXECUTIVE ARTISTIC DIRECTOR 40.00 X 190172 0 33444 ERICA EZOLD DIRECTOR OF FINANCE 40.00 X 95165 0 9946 MARIAN MOSKOWITZ EX-OFFICIO 1.00 X 0 0 0 331403 0 54056 1 0 1 0 0 110060 74500 1865619 530290 2050179 SINGLE TICKET SALES 711110 54444 54444 SUBSCRIPTION SERIES TICKETS 711110 27077 27077 TUITION INCOME 611600 26452 26452 RESIDENCY & WORKSHOP FEES 611600 5000 5000 112973 195613 195613 1074 0 1074 1074 1074 843178 784212 58966 58966 58966 59617 110060 32782 26835 26835 22500 -583 23083 23083 MISCELLANEOUS INCOME 900099 209574 209574 CONCESSION SALES, NET 711110 6 6 HANDLING FEES 711110 -8064 -8064 -21664 -21664 179852 2648575 83251 0 515145 319000 136000 137500 45500 1699902 1238592 236945 224365 87700 56618 9669 21413 353731 265824 52901 35006 122793 79929 28494 14370 4096 4096 54482 54482 115211 77241 37970 196804 196804 21551 5027 8244 8280 17541 17541 248099 248099 24086 21741 1404 941 26694 673 24430 1591 52205 31323 10441 10441 305958 183574 61192 61192 90512 90512 OTHER EXPENSES 199053 69184 73224 56645 PRODUCTION EXPENSE 80369 80369 SOFTWARE EQUIPMENT 64304 64304 SUBSCRIPTION 32080 32080 -199418 -210177 10759 3916753 2492520 933730 490503 924459 176780 1500393 2651670 7858654 5324045 33234 12598 225156 245701 9208524 6350483 2894785 2858041 9395510 12105161 229937 675412 23062128 24049408 220820 260339 547924 574169 1942481 1870655 2711225 2705163 X 6592009 9456985 13758894 11887260 20350903 21344245 23062128 24049408 X -1268178 1668935 -28218 620803 X 0 1 X 1 0 X 1880182 1836379 8436847 5516949 2105179 19775536 1945500 2090122 1860217 1140100 83251 7119190 3825682 3926501 10297064 6657049 2188430 26894726 441206 460355 1278355 1514647 283220 3977783 0 441206 460355 1278355 1514647 283220 3977783 22916943 151750 191312 205572 188741 195613 932988 151750 191312 205572 188741 195613 932988 23135 24833 42449 97171 209574 397162 4000567 4142646 10545085 6942961 2593617 28224876 0.81190 0.76670 0.03310 0.02590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9395510 1000000 1709651 12105161 8026357 625000 744153 9395510 7607237 625000 -205880 8026357 6957600 625000 24637 7607237 6314249 625000 18351 6957600 0 0 124494 124494 4960017 3099538 1860479 2947307 2216845 730462 1176706 1034100 142606 2858041 X PART V, LINE 4: THE THEATRE PERIODICALLY APPROPRIATES INVESTMENT EARNINGS ON THE ENDOWMENT FUNDS FOR PURPOSES DESIGNATED BY DONORS. PART X, LINE 2: THE THEATRE EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING ITS TAX RETURNS TO DETERMINE WHETHER IT IS MORE-LIKELY-THAN-NOT (I.E., GREATER THAN 50%) THAT EACH TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD ARE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. IF APPLICABLE, THE THEATRE RECOGNIZES INTEREST ACCRUED RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST EXPENSE ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES. HOWEVER, MANAGEMENT'S CONCLUSIONS REGARDING TAX POSITIONS TAKEN MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A FUTURE DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, EXAMINATION BY TAX AUTHORITIES, ONGOING ANALYSIS OF AND CHANGES TO TAX LAWS, AND RELATED REGULATIONS AND INTERPRETATIONS. DURING THE YEAR, THE THEATRE DID NOT INCUR ANY INTEREST OR PENALTIES. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE THEATRE AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR FURTHER DISCLOSURE IN THE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE THEATRE IS SUBJECT TO AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS FOR ANY PERIODS ARE CURRENTLY IN PROGRESS. MANAGEMENT BELIEVES THAT THE THEATRE IS NO LONGER SUBJECT TO SUCH AUDITS FOR YEARS PRIOR TO 2017 UNDER FEDERAL, STATE, AND LOCAL TAX JURISDICTIONS. AUCTION 104792 72950 31842 2091 500 4472 GOLF 64885 37110 27775 23520 2199 2 169677 110060 59617 2091 23520 500 6671 32782 26835 22500 -583 0 22500 -583 -583 23083 PA 1 0 0 0 1.00000 JANE MOSS 39 CONESTOGA ROAD MALVERN PA 193551737 0 JANE MOSS X 0 X 0 0 0 0 0 0 0 0 0 ABIGAIL ADAMS EXECUTIVE ARTISTIC DIRECTOR 190172 0 0 0 0 0 18171 0 15273 0 223616 0 0 0 X 8 530290 FMV - CONTRIB DATE X AUCTION ITEMS 0 2091 COST BASIS 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A BROKERAGE FIRM TO SELL THE CONTRIBUTED STOCK UPON RECEIPT. PART I, LINE 33: LINE 9, PUBLICLY TRADED SECURITIES, INCLUDES $67,573 IN DONATED STOCK FROM THREE CONTRIBUTORS WHICH WERE RECEIVED DURING FYE 8/31/2019 FOR PAYMENTS ON A PRIOR YEAR PLEDGE AND THEREFORE NOT INCLUDED IN PART VIII REVENUE. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION AND SCHEDULES ARE PREPARED BY THE DIRECTOR OF FINANCE & OPERATIONS FOR THE 990. INDEPENDENT ACCOUNTANTS PREPARE THE 990 WHICH IS THEN REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE & OPERATIONS. THE DIRECTOR OF FINANCE & OPERATIONS REVIEWS THE RETURNS WITH THE FINANCE COMMITTEE. THE FINANCE COMMITTEE RECOMMENDS APPROVAL TO THE BOARD AND THE BOARD IS GIVEN THE RETURN FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EVERY JUNE, THE BOARD IS GIVEN A COPY OF THE POLICY AND A FORM TO DISCLOSE ANY POTENTIAL CONFLICTS. THE GENERAL MANAGER MAINTAINS THESE FORMS WHICH ARE REVIEWED BY THE EXECUTIVE ARTISTIC DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE EXECUTIVE COMMITTEE ANNUALLY DETERMINE THE COMPENSATION PACKAGE OF THE KEY EXECUTIVE OFFICERS OF THE THEATRE. THE PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE UTILIZE THEATRE COMMUNICATIONS GROUP ANNUAL SALARY SURVEY (AND OTHER DATA AS REQUESTED) TO DETERMINE IF THE SALARIES APPROPRIATELY FIT WITHIN THE RANGES FOR THEATRES OF LIKE BUDGET, SIZE AND LOCATION. THE BOARD APPROVES MANAGEMENT'S RECOMMENDATIONS FOR ALL SALARIES, RAISE PERCENTAGES AND BENEFITS FOR ALL EMPLOYEES WHEN APPROVING THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PPP LOAN FORGIVENESS 620,803. ACTOR'S INN 39 CONESTOGA ROAD MALVERN PA 19355 251858788 CATERING PA PEOPLE'S LIGHT C 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 1 0 0 ACTOR'S INN N 210177 BOOK ALLOCATION ACTOR'S INN E 150000 BOOK ALLOCATION