2019-05-22T16:53:31-05:00 2018-06-30 330310569 Haskell & White LLP 300 Spectrum Center Drive Suite 300 Irvine CA 92618 990 2017-07-01 951509841 The Laguna Playhouse LAGU 9494972787 PO BOX 1747 Laguna Beach CA 926521747 Ellen Richard Executive Director 9494972787 2019-05-22 1 Rick Smetanka P01677376 9494506200 216.73.111.4 2019-05-22 14:34:10 PD P 6D7510648C41C86CF617460AFBEAAF85574F14DA 6D7510648C41C86CF617460AFBEAAF85574F14DA 2017 2019-02-21 02:37:17Z Ellen Richard PO BOX 1747 Laguna Beach CA 926521747 8297689 0 X www.lagunaplayhouse.com X 1929 CA To produce theatrical performances & educational programs to the community. 26 24 149 250 0 0 2226868 2937569 3354135 4837171 587 1738 57207 293853 5638797 8070331 0 0 0 0 2207722 3034415 0 0 577037 2828114 3379587 5035836 6414002 602961 1656329 4214915 6829650 2142673 3101079 2072242 3728571 The Laguna Playhouse's mission is to enrich lives through the magic of live theatre, to provide educational opportunities for children and adults, and to create experiences that stimulate cultural and social interaction and inspire our community. 0 0 4990358 4746041 Main Stage Theatre Productions: The Laguna Playhouse is the oldest continually operating theatre on the West Coast. It is recognized as one of California's premier resident theatres, performing award-winning live theatre since 1920. Its activities include six Main Stage productions with over 300 performances year round for a diverse audience of over 100,000 Orange County residents and visitors. The Laguna Playhouse, a 501(c)3 nonprofit, has received numerous artistic and education awards. 21268 18220 Youth Education Outreach Program: TheatreReach: Bringing Books to Life is an educational outreach program that supports literacy by touring plays adapted from required books in the California State curriculum. It serves over 10,000 elementary school students in Southern California each year. TheatreReach is the only in-school performing arts program that addresses California State History and Literature Content Standards for grades K-6. 63851 72910 Youth Education Programs: -Conservatory: offering comprehensive, after school, year-long theatre training in a professional setting for talented, aspiring young actors, ages 10-18. Scholarships are available for low-income youth.-Youth Theatre: a nationally recognized series of fully-staged productions of popular stories for family audiences.-Theatre for a New Generation: offers provocative, issue-oriented dramas aimed at teens, parents and educators.-Spring/Summer Workshops: offers youth hands-on experiential learning with theatre professionals. 5075477 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 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 79 0 1 149 1 0 0 0 0 0 1 1 0 0 0 0 X 26 24 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Linda Perkovich 9494946973 PO BOX 1747 Laguna Beach CA 926521747 Timothy D Carlyle Trustee 4.00 X 0 0 0 Glenn Gray Treasurer 4.00 X X 0 0 0 Lisa Hale Trustee 4.00 X 0 0 0 Jim Mellor Trustee 4.00 X 0 0 0 Justin Myers Trustee 4.00 X 0 0 0 Heidi Miller Trustee 4.00 X 0 0 0 Paul Singarella Chairman 4.00 X X 0 0 0 Terri Turner Secretary 4.00 X X 0 0 0 Ann Wareham Artistic Director 40.00 X X 130606 0 9220 Melinda Masson Trustee 4.00 X 0 0 0 Jared Mathis Trustee 4.00 X 0 0 0 Greg MacGillivray Trustee 4.00 X 0 0 0 Barbara MacGillivray Trustee 4.00 X 0 0 0 Tim Spangler Trustee 4.00 X 0 0 0 Toni Alexander Trustee 4.00 X 0 0 0 Nicholas Yrizarry Trustee 4.00 X 0 0 0 Jamie Walters El-Erian Trustee 4.00 X 0 0 0 Ellen Richard Executive Director 40.00 X X 171164 0 10763 Gregory Andrews Trustee 4.00 X 0 0 0 James Hale Trustee 4.00 X 0 0 0 Mo Honarkar TRUSTEE 4.00 X 0 0 0 Susan D Morrison TRUSTEE 4.00 X 0 0 0 Doug Vogel DEVELOPMENT DIRECTOR 40.00 X 108165 0 4071 409935 0 24054 3 0 1 0 Eighty-Eight LLC PO Box 20116 Baltimore MD 212840116 Royalties 373360 LYTHGOE FAMILY PANTO LLC 7800 BEVERLY BLVD STE 207 LOS ANGELES CA 90036 Royalties 153652 2 178505 241918 2517146 69673 2937569 Admissions 711110 4387443 4387443 Concessions 711110 308477 308477 Tuition 711110 72910 72910 Other 711110 50121 50121 Touring 711110 18220 18220 4837171 1738 1738 521211 178505 227358 293853 293853 8070331 4837171 0 295591 467142 254892 199950 12300 2140580 1694113 243361 203106 52642 52642 147956 124428 9440 14088 226095 169150 31023 25922 426635 300651 43951 82033 511432 487287 12855 11290 138652 103989 27730 6933 218917 174217 18381 26319 71062 55532 12764 2766 219306 208341 10965 57752 47934 8085 1733 78861 37519 39258 2084 Theatrical Fees 939716 939716 0 0 Concession and Other 358004 185524 0 172480 Costumes, Scenery & Spe 165627 165627 0 0 Repairs and Maintenance 135734 108587 27147 0 57889 17970 34901 5018 6414002 5075477 761488 577037 1304488 1492406 479309 802610 763722 1821404 14429 12108 334390 646805 4167707 2315507 1137474 1852200 178596 189779 2507 12338 4214915 6829650 250465 381153 1174294 1464516 717914 1136385 119025 2142673 3101079 X 718161 1391076 1223591 2200186 130490 137309 2072242 3728571 4214915 6829650 1656329 0 X 0 1 X 1 0 X 1078856 1077206 1691766 2226868 2937569 9012265 3327088 3351119 3595330 3667796 4837171 18778504 4405944 4428325 5287096 5894664 7774740 27790769 135452 125826 298125 9695 437315 1006413 0 135452 125826 298125 9695 437315 1006413 26784356 1147 1147 1344 587 1738 5963 1147 1147 1344 587 1738 5963 4407091 4429472 5288440 5895251 7776478 27796732 0.96360 0.97290 0.00020 0.00020 X 130490 6819 137309 122390 8100 130490 109920 12470 879 879 122390 104907 6545 1532 109920 49320 57342 1755 104907 0.00000 1.00000 0.00000 0 0 653826 653826 610755 127745 483010 1596830 1243000 353830 1188482 844238 344244 117814 100524 17290 1852200 X 7893034 227358 227358 7665676 404655 404655 8070331 6236705 227358 227358 6009347 404655 404655 6414002 Part X, Line 2: As stated in the Organization's audited financial statements, "Management does not believe the Playhouse has any potential uncertain tax positions, such as unrelated business income or activities that may jeopardize its tax-exempt status." Part XI, Line 2d - Other Adjustments: Special Events Direct Expenses 227,358. Part XI, Line 4b - Other Adjustments: Special event indirect expenses offsetting revenue 404,655. Part XII, Line 2d - Other Adjustments: Special Events Direct Expenses 227,358. Part XII, Line 4b - Other Adjustments: Special event indirect expenses offsetting revenue 404,655. Part V, Line 4 Intended Uses of Endowment Funds: The endowment fund is to be held in perpetuity with earnings appropriated through the Organization's annual budgeting process. Gala 621641 169005 452636 199367 4500 2598 Murder Mystery 40833 9500 31333 4138 6147 3505 1 37242 37242 7103 699716 178505 521211 199367 4138 10647 13206 227358 293853 X 1 1 X X X 0 0 0 0 0 0 0 0 0 Ellen Richard Executive Director 171164 0 0 0 0 0 6000 0 4763 0 181927 0 0 0 Joseph Hanauer Trustee 24207 Office Lease - On April 1, 2012, the Playhouse entered into a 36 month lease for office space at 580 Broadway, Laguna Beach, California. The lessor is an entity that is controlled by the chairman of the board of trustees of the Playhouse, Joe Hanauer. There was no base rent due from the start of the lease through June 30, 2014. Starting July 1, 2014, the base rent will be $1,613 per month or $19,350 per annum. During fiscal year 2015, this lease was extended for an additional 36 months at the same rate of $1,613 per month. For the year ended June 30, 2018, the Playhouse incurred rent expense associated with this lease of $24,207. 0 Glenn Gray Treasurer 48000 Bank loans - On August 27, 2014 the Playhouse entered into a loan agreement with a bank, where Mr. Gray serves as CEO and President, with an original maximum borrowing amount of $130,000, variable interest rate of 1.5% per annum, and maturity date of December 5, 2019. On January 15, 2015, the credit limit under the note was increased to $146,000. The balance due under this loan was $48,000 as of June 30, 2018. The loan is secured by a $147,335 certificate of deposit with a term of more than ninety days, and earns interest at 0.35% per annum and is classified as an investment. 0 Glenn Gray Treasurer 1088385 Note Payable - In May 2018, the Playhouse entered into a $1,090,688 mortgage note payable agreement with a bank, where Mr. Gray serves as CEO and President, to purchase a condominium, as well as refinance four separate existing mortgage notes. The note currently bears 5% interest and is amortized over 9 years maturing May 16, 2027. Balance due as of June 30, 2018 was $1,088,385, and the note is collateralized by five condominium properties. 0 X 1 30000 FMV X 1 10000 FMV X 1 5000 FMV X JEWLERY 3 23000 FMV X ADVERTISEMENTS 2 13014 FMV X Gift certificates 2 10500 FMV X AIRLINE ACCOMODATIONS 1 7500 FMV 0 1 0 Form 990, Part VI, Section A, line 2 - Trustees Greg and Barbara MacGillivray are husband and wife. Form 990, Part VI, Section B, line 11b - The Audit Committee is responsible for reviewing the Laguna Playhouse's Form 990 (including all pertinent Schedules) before it is filed with the Internal Revenue Service. - A draft of the Form 990 is obtained and reviewed by the Audit Committee before the filing deadline. - If the Audit Committee desires more information in the process of its review of the Form 990, then they will contact the preparer of the Form 990 to request copies of the relevant detailed tax return work papers which they would like to see and/or make inquiries of the preparer. - Once the Audit Committee has completed its initial review of the Form 990, a meeting or conference call may be scheduled with the preparer of the Form 990 (regardless of whether the Form 990 is externally or internally prepared) to discuss any questions, comments, and suggested revisions identified by the Audit Committee. - The preparer of the Form 990 will make any revisions to the Form 990 as soon as feasibly possible to ensure that the Form 990 is filed with the Internal Revenue Service on a timely basis. - All questions, comments, and suggested revisions set forth by the Audit Committee are documented, along with any responses from the preparer of the Form 990, if applicable. - After the Form 990 has been reviewed by the Audit Committee and filed with the Internal Revenue Service, the Audit Committee will make a report at the next full Board of Directors meeting to update the full Board regarding its review of the Form 990. Form 990, Part VI, Section B, line 12c All Board members are required to sign a statement of compliance with the conflict of interest policy annually, and are advised throughout the year to report any changes in status when it arises. Form 990, Part VI, Section B, line 15 The Laguna Playhouse follows the procedures set forth below in determining compensation arrangements for its Artistic Director, its Executive Director, and any other employee who is considered a Key Employee for purposes of IRS Form 990. 1. The compensation arrangement will be approved in advance by an authorized body composed of members of the Board of Trustees who do not have a conflict of interest concerning the compensation arrangement. The authorized body will consist of the Chairperson of the Board of Trustees, unless for a particular compensation arrangement, the Chairperson of the Board of Trustees designates a different authorized body. The compensation arrangement will be included and part of the annual budget for the Laguna Playhouse. 2. Prior to making its determination, the authorized body will obtain and rely upon appropriate data as to comparability. The Theater Communications Group salary survey will be used for benchmark purposes. 3. The authorized body adequately and timely documents the basis for its determination concurrently with making that determination. Form 990, Part VI, Section C, line 19 The following documents of the Laguna Playhouse will be available (for inspection or copying) at the Laguna Playhouse's main office during normal business hours at no charge: - Tax Exemption Application (Form 1023) - Internal Revenue Service Determination Letter - Articles of Incorporation - By-Laws - Conflict of Interest Policy - Most Recent Audited Financial Statements The public inspection copy of the Laguna Playhouse's Form 990, from the previous three years (at a minimum), will be available (for inspection or copying) at the Laguna Playhouse's main office during normal business hours at no charge. The public inspection copy of the Form 990 will not include the schedule of Schedule A excess contributors or the Schedule B names and addresses of contributors. The Laguna Playhouse will make best efforts to ensure that the Forms 990 held at their main office is the most updated version. For example, in the instance where a Form 990 has been amended, the amended version of the Form 990 should be the one available for public inspection. When responding to a public inspection request for any Laguna Playhouse document or Form 990 by anyone, the Laguna Playhouse shall fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request. Late filed return due to CCH Software outage