PHILADELPHIA THEATRE COMPANY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PHILADELPHIA THEATRE COMPANY (EIN 23-1951753)
- Tax period
- 2023-09-01 to 2024-08-31
- Filed
- 2025-07-15
- IRS object ID
- 202521969349300902
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-15T06:56:38-05:00 | ReturnTs |
| Tax Period End | 2024-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 NORTH 18TH STREET SUITE 3000 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191032757 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231951753 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILADELPHIA THEATRE COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 2159851400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 S BROAD ST STE 304 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGO MOSKOWITZ | PersonNm |
| Person Title | MANAGING DIRECTOR | PersonTitleTxt |
| Phone | 2159851400 | PhoneNum |
| Signature | 2025-07-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HELEN M MARTIN | PreparerPersonNm |
| PTIN | P01330899 | PTIN |
| Phone | 2158818800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARGO MOSKOWITZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 S BROAD ST STE 304 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,483,990 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PHILATHEATRECO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1974 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | A VITAL CIVIC INSTITUTION DEDICATED TO THE CREATION OF EXTRAORDINARY THEATRICAL EXPERIENCES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 188 | TotalEmployeeCnt |
| Total Volunteers | 121 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,976,710 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,321,050 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,015,862 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,140,162 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$1,169 | PYInvestmentIncomeAmt |
| CY Investment Income | -$494 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$39,501 | PYOtherRevenueAmt |
| CY Other Revenue | $22,449 | CYOtherRevenueAmt |
| PY Total Revenue | $2,951,902 | PYTotalRevenueAmt |
| CY Total Revenue | $3,483,167 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,182,468 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,036,369 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $423,148 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,860,509 | PYOtherExpensesAmt |
| CY Other Expenses | $2,026,626 | CYOtherExpensesAmt |
| PY Total Expenses | $4,042,977 | PYTotalExpensesAmt |
| CY Total Expenses | $4,062,995 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,091,075 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$579,828 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,500,166 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,884,624 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,797,921 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,162,207 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,702,245 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,722,417 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PHILADELPHIA THEATRE COMPANY IS A VITAL CIVIC INSTITUTION DEDICATED TO THE CREATION OF EXTRAORDINARY THEATRICAL EXPERIENCES THAT REFLECT THE ESSENTIAL ISSUES AND IDEAS OF OUR TIME, AND WHICH FOSTER CONNECTION, UNDERSTANDING, AND TRANSFORMATION. WE ENGAGE AND STRENGTHEN OUR COMMUNITY THROUGH EXCEPTIONAL PRODUCTIONS OF NEW AND CONTEMPORARY PLAYS AND MUSICALS, INSPIRING EDUCATION PROGRAMS, AND MUTUALLY BENEFICIAL CIVIC PARTNERSHIPS. WE DEVELOP EXCITING NEW WORK THAT RESONATES BOTH LOCALLY AND NATIONALLY, AND UPHOLD A DEEP COMMITMENT TO BE A FULLY INCLUSIVE, WELCOMING HOME FOR THE ARTISTS, AUDIENCES, AND PEOPLE OF PHILADELPHIA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,814,063 | ExpenseAmt |
| Revenue | $1,162,611 | RevenueAmt |
| Desc | IN THE 2023/24 SEASON, PHILADELPHIA THEATRE COMPANY PRODUCED THREE MAJOR PRODUCTIONS: THE DAZZLING NEW ROCK MUSICAL "MACBETH IN STRIDE" BY TONY-NOMINEE WHITNEY WHITE AND DIRECTED BY PTC'S ARTISTIC DIRECTORS TAIBI MAGAR AND TYLER DOBROWSKY, THE RECENT PULITZER PRIZE-WINNING "COST OF LIVING" DIRECTED BY JEFFREY PAGE, AND THE WORLD PREMIERE OF "THE DUAT" BY ROGER Q. MASON, STARRING PHILADELPHIA LEGEND FRANK X. PTC EMPLOYED OVER 190 THEATRE ARTISTS AND WELCOMED OVER 7,600 PATRONS TO ITS MAINSTAGE PRODUCTIONS. PTC ALSO AWARDED THE BI-ANNUAL TERRENCE MCNALLY AWARD TO A RISING PLAYWRIGHT AND PARTNERED WITH PLAYPENN, FURTHERING ITS MISSION TO DEVELOP NEW WORK.EDUCATION AND ENGAGEMENT PROGRAMS SERVED OVER 1,600 STUDENTS, TEACHERS, AND COMMUNITY MEMBERS THROUGH STUDENT MATINEES, IN-SCHOOL WORKSHOPS, LONG-TERM RESIDENCIES, AND ANCILLARY COMMUNITY ENGAGEMENT PROGRAMMING. INITIATIVES INCLUDED CURATED LOBBY INSTALLATIONS, PRE- AND POST-SHOW TALKBACKS WITH ARTISTS AND COMMUNITY MEMBERS, AND PARTNERSHIPS WITH ORGANIZATIONS INCLUDING THEATRE IN THE X, ART-REACH, THE BLACK THEATRE ALLIANCE OF PHILADELPHIA, BROAD STREET LOVE, AND THEATRE PHILADELPHIA. TO LAUNCH THE SEASON, PTC ALSO WELCOMED LITTLE AMAL, A 12-FOOT-TALL PUPPET REPRESENTING A YOUNG SYRIAN REFUGEE, TO THE AVENUE OF THE ARTS AS PART OF A GLOBAL INITIATIVE CELEBRATING HUMAN RIGHTS, COMPASSION, AND HOPE.PTC'S SUZANNE ROBERTS THEATRE, A FULLY ACCESSIBLE PROSCENIUM VENUE ON THE AVENUE OF THE ARTS, HOSTED 227 DAYS OF PROGRAMMING. THIS INCLUDED PTC PRODUCTIONS, RESIDENCIES, RENTALS, AND COMMUNITY EVENTS, WELCOMING MORE THAN 19,000 PATRONS ACROSS ALL ACTIVITIES. | Desc |
| Total Program Service Expenses | $2,814,063 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 58 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 188 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGO MOSKOWITZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2159851400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 S BROAD ST STE 304 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| TYLER DOBROWSKY | ||||||
| CO-ARTISTIC DIRECTOR | 40.00 | Yes (X) | Yes (X) | $90,841 | $0 | $4,869 |
| TAIBI MAGAR | ||||||
| CO-ARTISTIC DIRECTOR | 40.00 | Yes (X) | Yes (X) | $90,841 | $0 | $4,785 |
| EMILY ZECK | ||||||
| MANAGING DIR (THRU 9/17/23) | 40.00 | Yes (X) | Yes (X) | $85,109 | $0 | $3,712 |
| MARGO MOSKOWITZ | ||||||
| MANAGING DIRECTOR (EFF 2/1/24) | 40.00 | Yes (X) | Yes (X) | $77,322 | $0 | $4,503 |
| GLENN GUNDERSEN | ||||||
| CHAIR (EFF 1/1/24) | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| VIBHAT NAIR | ||||||
| VICE-CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN HANAMIRIAN | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DONNA-MARIE PETERS | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KRISTIN BAIR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KIA BUCKNER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID L COLMAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEVEN ENGELMYER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SALLY KATZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DARYL MOREY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MEREDITH NISSEN | ||||||
| DIRECTOR (EFF 3/27/24) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| E GERALD RIESENBACH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SARAH SCHLOSSBERG | ||||||
| DIRECTOR (EFF 6/5/24) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RYAN SCHRADER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELLIOT SCHWARTZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DANI TAPPER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID TREATMAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GARY ADEUTSCHCHAIR THRU 1223 | ||||||
| DIRECTOR (THRU 6/30/24) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHANIE B FINEMAN | ||||||
| DIRECTOR (THRU 12/7/23) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELLIOT GRIFFIN | ||||||
| DIRECTOR (THRU 6/18/24) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REGINA HAIRSTON | ||||||
| DIRECTOR (THRU 1/30/24) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $344,113 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $17,869 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HURON CONSULTING GROUP INC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1166 6TH AVE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | FUNDRAISING CONSULTING | ServicesDesc |
| Compensation | $108,021 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $157,111 | GovernmentGrantsAmt |
| All Other Contributions | $2,163,939 | AllOtherContributionsAmt |
| Noncash Contributions | $186,907 | NoncashContributionsAmt |
| Total Contributions | $2,321,050 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| THEATER RENTAL | 711300 | $759,347 | $759,347 |
| TICKET SALES | 711110 | $224,289 | $224,289 |
| CONCESSIONS | 711110 | $156,526 | $156,526 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,140,162 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $328 | TotalRevenueColumnAmt |
| Exclusion | $328 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $823 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$822 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$822 | TotalRevenueColumnAmt |
| Exclusion | -$822 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 711110 | BusinessCd |
| Total Revenue Column | $22,449 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,449 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $22,449 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,483,167 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,162,611 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$494 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $314,507 | TotalAmt |
| Program Services | $192,508 | ProgramServicesAmt |
| Management And General | $66,200 | ManagementAndGeneralAmt |
| Fundraising | $55,799 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,508,014 | TotalAmt |
| Program Services | $1,349,682 | ProgramServicesAmt |
| Management And General | $43,811 | ManagementAndGeneralAmt |
| Fundraising | $114,521 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,609 | TotalAmt |
| Program Services | $12,609 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,479 | TotalAmt |
| Program Services | $60,640 | ProgramServicesAmt |
| Management And General | $1,964 | ManagementAndGeneralAmt |
| Fundraising | $3,875 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,760 | TotalAmt |
| Program Services | $112,326 | ProgramServicesAmt |
| Management And General | $8,888 | ManagementAndGeneralAmt |
| Fundraising | $13,546 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,449 | TotalAmt |
| Management And General | $116,449 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,000 | TotalAmt |
| Fundraising | $25,000 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,853 | TotalAmt |
| Program Services | $13,053 | ProgramServicesAmt |
| Management And General | $23,962 | ManagementAndGeneralAmt |
| Fundraising | $183,838 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,241 | TotalAmt |
| Program Services | $137,137 | ProgramServicesAmt |
| Fundraising | $20,104 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,781 | TotalAmt |
| Program Services | $8,157 | ProgramServicesAmt |
| Management And General | $15,355 | ManagementAndGeneralAmt |
| Fundraising | $269 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,355 | TotalAmt |
| Program Services | $29,382 | ProgramServicesAmt |
| Management And General | $36,973 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,637 | TotalAmt |
| Program Services | $224,696 | ProgramServicesAmt |
| Management And General | $42,941 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,996 | TotalAmt |
| Program Services | $3,208 | ProgramServicesAmt |
| Management And General | $5,424 | ManagementAndGeneralAmt |
| Fundraising | $1,364 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,846 | TotalAmt |
| Management And General | $99,846 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,282 | TotalAmt |
| Management And General | $267,282 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,744 | TotalAmt |
| Program Services | $83,404 | ProgramServicesAmt |
| Management And General | $16,340 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| PRODUCTION EXPENSES | $356,890 | $356,195 | $695 | |
| ARTISTIC COSTS | $93,525 | $93,525 | ||
| THEATRE CLEANING | $64,421 | $64,421 | ||
| MISCELLANEOUS EXPENSES | $35,185 | $34,574 | $435 | $176 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,421 | TotalAmt |
| Program Services | $38,546 | ProgramServicesAmt |
| Management And General | $80,173 | ManagementAndGeneralAmt |
| Fundraising | $3,702 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,062,995 | TotalAmt |
| Program Services | $2,814,063 | ProgramServicesAmt |
| Management And General | $825,784 | ManagementAndGeneralAmt |
| Fundraising | $423,148 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,052,833 | BOYAmt |
| EOY | $152,786 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,405 | BOYAmt |
| EOY | $304,507 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,496,542 | BOYAmt |
| EOY | $1,188,791 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,549 | BOYAmt |
| EOY | $13,258 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,037 | BOYAmt |
| EOY | $140,519 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,258,029 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,348,152 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,711,917 | BOYAmt |
| EOY | $3,909,877 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,158 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,725 | BOYAmt |
| EOY | $174,886 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,500,166 | BOYAmt |
| EOY | $5,884,624 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $354,092 | BOYAmt |
| EOY | $793,659 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,851 | BOYAmt |
| EOY | $196,867 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,000 | BOYAmt |
| EOY | $213,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,762,788 | BOYAmt |
| EOY | $2,747,986 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,000 | BOYAmt |
| EOY | $65,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,190 | BOYAmt |
| EOY | $145,695 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,797,921 | BOYAmt |
| EOY | $4,162,207 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,043,954 | BOYAmt |
| EOY | $524,689 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,658,291 | BOYAmt |
| EOY | $1,197,728 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,702,245 | BOYAmt |
| EOY | $1,722,417 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,500,166 | BOYAmt |
| EOY | $5,884,624 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$579,828 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$400,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,437,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,533,007 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,119,939 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,976,710 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,321,050 | CurrentTaxYearAmt |
| Total | $12,388,254 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,437,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,533,007 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,119,939 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,976,710 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,321,050 | CurrentTaxYearAmt |
| Total | $12,388,254 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,839,840 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,548,414 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $972 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $278 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $496 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $201 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $328 | CurrentTaxYearAmt |
| Total | $2,275 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,710 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,020 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,613 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $207,221 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,449 | CurrentTaxYearAmt |
| Total | $272,013 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $12,662,542 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,381,819 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.67510 | PublicSupportCY170Pct |
| Public Support PY170 | 0.65630 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $25,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $25,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | DURING THE FISCAL YEAR ENDING AUGUST 31, 2024, PHILADELPHIA THEATRE COMPANY ENGAGED A LOBBYIST FROM JANUARY 1, 2024, TO JUNE 30, 2024. THE ORGANIZATION PAID $25,000 FOR DIRECT LOBBYING SERVICES RELATED TO LEGISLATIVE MATTERS INVOLVING THE CITY OF PHILADELPHIA. SERVICES INCLUDED DIRECT CONTACT WITH LEGISLATORS, GOVERNMENT OFFICIALS, AND LEGISLATIVE STAFF. | ExplanationTxt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,907,762 | OtherCostOrOtherBasisAmt |
| Depreciation | $811,086 | DepreciationAmt |
| Book Value | $3,096,676 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,350,267 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,537,066 | DepreciationAmt |
| Book Value | $813,201 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,909,877 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $145,695 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $145,695 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,515,244 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $32,077 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $32,077 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,483,167 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,483,167 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,495,072 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $32,077 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $400,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $432,077 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,062,995 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,062,995 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | PTC IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF PTC HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY PTC AND HAS CONCLUDED THAT AS OF AUGUST 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PTC RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED AUGUST 31, 2024 OR 2023. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RESTRUCTURING OF PY PLEDGE SHOWN AS BAD DEBT ON FS 400,000. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (4 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| E GERALD RIESENBACH | |||||||
| BOARD MEMBER | UNSECURED LINE OF CREDIT | Yes (X) | $100,000 | $80,000 | 0 | Yes (1) | Yes (1) |
| HARRIET WEISS | |||||||
| FORMER BOARD MEMBER | ST OPERATING LOAN | Yes (X) | $18,000 | $18,000 | 0 | Yes (1) | Yes (1) |
| MICHAEL KAISER | |||||||
| FORMER CONSULTANT | ST OPERATING LOAN | Yes (X) | $100,000 | $50,000 | 0 | Yes (1) | Yes (1) |
| PRISCILLA LUCE | |||||||
| FORMER BOARD MEMBER | ST OPERATING LOAN | Yes (X) | $65,000 | $65,000 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $213,000 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $186,907 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | HI/LOW DATE OF GIFT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE COUNT ON LINE 9 REPRESENTS THE NUMBER OF UNIQUE INDIVIDUAL CONTRIBUTIONS OF STOCK BY A DONOR DURING THE YEAR. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | DIRECTORS TAIBI MAGAR AND TYLER DOBROWSKY ARE A MARRIED COUPLE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY THE OUTSIDE ACCOUNTANT AND REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE. AFTER MANAGEMENT AND THE FINANCE COMMITTEE HAVE REVIEWED THE RETURN AND ANY NECESSARY CHANGES ARE MADE, A FINAL COPY IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | IF AN INTERESTED PERSON HAS A FINANCIAL INTEREST IN ANY TRANSACTION INVOLVING PTC, THE INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY CONFLICT OF INTEREST. THE INTERESTED PERSON MUST DISCLOSE ALL MATERIAL FACTS RELATING TO HIS OR HER FINANCIAL INTEREST AND THE CONFLICT OF INTEREST. THE INTERESTED PERSON MUST DISCLOSE ANY CONFLICT OF INTEREST AT THE EARLIEST OPPORTUNITY TO THE COMMITTEE CHAIR. AFTER DISCLOSURE OF A CONFLICT OF INTEREST, AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON AS THE COMMITTEE MAY DEEM APPROPRIATE, THE COMMITTEE WILL TIMELY DETERMINE, WITHOUT THE PARTICIPATION OR VOTE OF THE INTERESTED PERSON, WHETHER A CONFLICT OF INTEREST EXISTS. THE CHAIR OF THE COMMITTEE SHALL TIMELY REPORT THE DETERMINATION TO THE INTERESTED PERSON AND PTC'S BOARD CHAIR. IF THE COMMITTEE DETERMINES A CONFLICT OF INTERESTS EXISTS, PTC'S BOARD CHAIR SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE WHETHER THE TRANSACTION IS REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | A HARD COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | REVERSAL OF PY PLEDGE RECEIVABLE UPON RESTRUCTURING FOR NEW FY24 PLEDGE -400,000. |