2022-04-09T15:31:44-05:00 2021-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 5665 SW MEADOWS RD SUITE 200 LAKE OSWEGO OR 97035 990 2020-07-01 930700108 LAKEWOOD THEATRE COMPANY LAKE 5036356338 PO BOX 274 LAKE OSWEGO OR 97034 JOANN FRANKEL PRESIDENT 5036356338 2022-04-01 1 JOANN FRANKEL 999009999 DEBRA D SMITH CPA P00646873 5036204489 2022-04-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANDREW EDWARDS PO BOX 274 LAKE OSWEGO OR 97034 1207743 0 X WWW.LAKEWOOD-CENTER.ORG X 1952 OR TO INSPIRE AND NURTURE A LOVE OF THEATRE AND THE ARTS. 22 21 77 350 0 0 617359 716256 747725 56730 20414 96195 125480 183785 1510978 1052966 0 0 0 0 565516 495029 0 0 158085 1019748 474473 1585264 969502 -74286 83464 4573033 4488507 425389 257399 4147644 4231108 TO INSPIRE AND NURTURE A LOVE OF THEATRE AND THE ARTS WITH THE FOLLOWING MISSION: THE MAINTENANCE OF A PERMANENT MULTI-ARTS AND THEATRE FACILITY. THE SPONSORSHIP AND COORDINATION OF EDUCATIONAL AND CULTURAL PROGRAMMING IN VISUAL ARTS, THEATRE AND COMMUNITY EVENTS. 0 0 661719 5016 LAKEWOOD THEATRE PRESENTS MUSICALS, ORIGINAL WORKS & A DIVERSE SELECTION OF MODERN AND CLASSIC THEATRE WITH 10-12 PRODUCTIONS ANNUALLY (RESIDENT AND TOURING). LAKEWOOD CONSISTENTLY INCLUDES FULL SCALE MUSICALS AND ORIGINAL WORKS IN ITS SEASON, AND PRIDES ITSELF ON WORKING WITH NEW AND/OR EMERGING ARTISTS AND GROUPS TO BRING INNOVATIVE PERFORMANCES AND ART EVENTS TO OUR AUDIENCE. LAKEWOOD THEATRE IS THE OLDEST CONTINUOUSLY OPERATING THEATRE COMPANY IN THE PORTLAND, OREGON METRO AREA, ATTRACTING OVER 40,000 PEOPLE EACH YEAR. 51714 LAKEWOOD CENTER FOR THE ARTS PROVIDES FACILITIES USED BY INSTRUCTORS, GROUPS AND OTHERS IN THE ARTS THROUGH CLASSES, DEMONSTRATIONS, EXHIBITIONS AND COMMUNITY EVENTS SUPPORTING ARTS IN THE COMMUNITY. LAKEWOOD COORDINATES A FULL RANGE OF OFFERINGS IN ACTING, VISUALS ARTS, DESIGN, TELEVISION, FILM, GALLERY EXHIBITIONS, LECTURES AND CONCERTS. THESE PROGRAMS SERVE OVER 3,000 STUDENTS ANNUALLY. 661719 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 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 54 0 1 77 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X JEN LANGFORD 5036356338 368 S STATE ST LAKE OSWEGO OR 97034 JOANN FRANKEL PRESIDENT 3.00 X X 0 0 0 JEFF KANTOR SECRETARY/TREASURER 3.00 X X 0 0 0 DAVID AVISON DIRECTOR 1.00 X 0 0 0 FRED BREUER DIRECTOR 1.00 X 0 0 0 LINDA BROWN DIRECTOR 1.00 X 0 0 0 JAN COULTON DIRECTOR 1.00 X 0 0 0 JEANNE DENTON DIRECTOR 1.00 X 0 0 0 DAN FINDLEY DIRECTOR 1.00 X 0 0 0 ELAINE FRANKLIN DIRECTOR 1.00 X 0 0 0 JOAN FREED DIRECTOR 1.00 X 0 0 0 KELLY GIAMPA DIRECTOR 1.00 X 0 0 0 CYNDIE GLAZER DIRECTOR 1.00 X 0 0 0 NANCY HAWKINS DIRECTOR 1.00 X 0 0 0 KEN HICK DIRECTOR 1.00 X 0 0 0 LISA HILTY DIRECTOR 1.00 X 0 0 0 STEVEN JURNEY DIRECTOR 1.00 X 0 0 0 JOANNE KANTOR DIRECTOR 1.00 X 0 0 0 RICKY KORACH DIRECTOR 1.00 X 0 0 0 SKIP O'NEILL DIRECTOR 1.00 X 0 0 0 DON PLUMB DIRECTOR 1.00 X 0 0 0 MARTHA SCHRADER DIRECTOR 1.00 X 0 0 0 BILL WARNER DIRECTOR 1.00 X 0 0 0 ANDREW EDWARDS EXECUTIVE DIRECTOR 70.00 X 123070 0 8334 123070 0 8334 1 0 0 0 0 1675 26210 243145 445226 716256 CLASSES 711300 51714 51714 THEATRE PRODUCTIONS 711110 3090 3090 OTHER INCOME 711110 1926 1926 56730 16267 16267 101478 0 101478 101478 101478 208142 128214 79928 79928 79928 81197 26210 13573 67624 67624 27673 12990 14683 14683 1052966 56730 0 279980 138503 79191 59312 288675 257278 31397 3075 1889 538 648 32735 25226 1360 6149 32041 19682 5611 6748 25000 25000 28170 11573 13764 2833 14717 14674 43 19936 6718 4999 8219 40343 36894 445 3004 144083 132196 10561 1326 19302 18571 94 637 REPAIRS AND MAINTENANCE 49980 40840 1181 7959 EDUCATION 32303 32303 0 0 DIRECT FUNDRAISING COST 28378 0 0 28378 THEATRE PRODUCTIONS 26493 26493 0 0 45768 37382 6954 1432 969502 661719 149698 158085 446653 762633 430617 73785 25950 41500 14703 0 66910 72642 5784816 3032896 2896003 2751920 692197 786027 4573033 4488507 37663 24406 265026 232993 122700 0 425389 257399 X 3908638 3964451 239006 266657 4147644 4231108 4573033 4488507 83464 0 X 0 1 X 1 0 X 650515 490877 611169 617359 716256 3086176 966624 1070007 1127037 738895 56730 3959293 81272 88766 255602 119664 27673 572977 1698411 1649650 1993808 1475918 800659 7618446 53947 41209 43720 23000 136866 298742 0 53947 41209 43720 23000 136866 298742 7319704 3517 3962 9122 94221 117745 228567 3517 3962 9122 94221 117745 228567 166997 213118 62444 8456 67624 518639 1868925 1866730 2065374 1578595 986028 8365652 0.87500 0.90670 0.02730 0.01240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 247462 5835 46610 299907 236567 4470 6425 247462 218618 13667 4282 236567 209860 6400 2358 218618 201879 5884 2097 209860 0.66000 0.34000 0 0 150000 150000 5481120 2879200 2601920 153696 153696 0 2751920 X 1052966 0 1052966 0 1052966 969502 0 969502 0 969502 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS DESIGNATED FOR ENDOWMENT IS THE AGGREGATE PRINCIPAL OF AMOUNTS FOR WHICH THE DONOR STIPULATED THAT THE GIFT AMOUNT (PRINCIPAL) MUST BE HELD AND INVESTED. THE INVESTMENT AND INTEREST EARNINGS MAY BE USED FOR ANY PURPOSE, INCLUDING OPERATIONS. UNRESTRICTED NET ASSETS DESIGNATED FOR ENDOWMENT REPRESENT A PORTION OF UNRESTRICTED NET ASSETS DESIGNATED BY THE BOARD OF DIRECTORS. ALTHOUGH NO LEGAL RESTRICTIONS ON THESE NET ASSETS EXIST, THE INTENT OF LAKEWOOD IS TO HOLD THESE FUNDS IN PERPETUITY AND USE THE INTEREST AND/OR INVESTMENT INCOME FOR OPERATING EXPENSES OF LAKEWOOD. PART X, LINE 2: LAKEWOOD FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THESE STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT LAKEWOOD HAS NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2021 AND 2020. LAKEWOOD IN LIGHTS 76851 10000 66851 1750 1500 7873 MY FUNNY VALENTINE 11610 11610 2 18946 4600 14346 2450 107407 26210 81197 1750 1500 2450 7873 13573 67624 FORM 990, PART VI, SECTION A, LINE 2 JEFF KANTOR AND JOANNE KANTOR HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS REVIEWED BY THE TREASURER, THE FINANCE COMMITTEE, AND A COMPLETE COPY IS PROVIDED TO THE GOVERNING BOARD FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICTS OF INTEREST POLICY IS GIVEN TO EACH NEW BOARD MEMBER. IT IS AVAILABLE ON THE BOARD BLOG AND IS REVIEWED ANNUALLY AT THE FIRST (AUGUST) BOARD MEETING OF THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 PERSONNEL COMMITTEE REVIEWS NATIONAL DATA SURVEY REVIEWS 990S OF COMPARABLE ORGANIZATIONS, THEN MAKES A PRESENTATION AND REPORT TO THE FULL BOARD FOR INPUT AND VOTE WITHOUT MANAGING STAFF PRESENT. FORM 990, PART VI, SECTION C, LINE 19 INTERESTED INDIVIDUALS MAY REQUEST BY MAIL, BY FAX OR IN PERSON.