2025-11-17T11:31:48-06:00 2024-12-31 330310569 HASKELL & WHITE LLP 300 SPECTRUM CENTER DR STE 300 IRVINE CA 92618 990 2024-01-01 113679644 THE CHANCE THEATER CHAN 8884554212 5522 EAST LA PALMA AVENUE ANAHEIM CA 92807 ERIKA C NGUYEN GENERAL MANAGER 8884554212 2025-11-17 1 0 RICK SMETANKA P01677376 9494506200 2024 2025-03-06 01:10:19Z OANH NGUYEN 5522 EAST LA PALMA AVENUE ANAHEIM HILLS CA 92807 1489538 0 X WWW.CHANCETHEATER.COM X 2002 CA THE CHANCE IS DEDICATED TO THE CREATION OF EXCITING THEATRICAL EXPERIENCES, TAKING ARTISTIC RISKS, AND COLLABORATING WITH GIFTED ARTISTS ON PASSIONATE AND PROVOCATIVE PLAYS AND MUSICALS. THE MISSION OF THE CHANCE IS TO CONTRIBUTE TO A MORE COMPASSIONATE, CONNECTED, AND CREATIVE COMMUNITY. 13 12 108 100 0 0 1281494 632820 494576 481881 69155 126596 62381 44013 1907606 1285310 0 0 0 0 754033 604159 0 0 114131 602884 723010 1356917 1327169 550689 -41859 3039445 3588945 314423 835298 2725022 2753647 X CHANCE THEATER'S MISSION IS TO FOSTER A MORE CONNECTED, COMPASSIONATE, AND CREATIVE COMMUNITY THROUGH SHARED EXPERIENCES AND STORYTELLING. 0 0 871273 435130 IN 2024, CHANCE THEATER ENGAGED AUDIENCES WITH TICKETED PERFORMANCES AND MEMBERSHIP SUBSCRIPTIONS TO A VARIETY OF PRODUCTIONS, INCLUDING: HEDWIG AND THE ANGRY INCH, TINY BEAUTIFUL THINGS, ALMA, SWEENEY TODD: THE DEMON BARBER OF FLEET STREET, GLORIA, FANCY NANCY THE MUSICAL , JANE AUSTEN'S EMMA THE MUSICAL, AND FANCY NANCY: SPLENDIFEROUS CHRISTMAS. 98972 28145 CHANCE'S SPEAK UP PROGRAM EMPOWERS LOCAL TEENS--INCLUDING THOSE AT RISK AND ON THE AUTISM SPECTRUM, AS WELL AS LOCAL VETERANS --TO FIND THEIR VOICES AND SHARE THEIR UNIQUE STORIES THROUH A THEATER WORKSHOP SERIES. BY GIVING THEM THE OPPORTUNITY TO SPEAK, WE GAIN THE CHANCE TO LISTEN, BUILDING UNDERSTANDING THAT LEADS TO GREATER EMPATHY. THROUGH THIS PROGRAM, WE STRIVE TO CREATE A MORE CONNECTED, COMPASSIONATE, AND CREATIVE COMMUNITY. THANKS TO THE GENEROSITY OF OUR SPONSORS, ALL PARTICIPANTS RECEIVE FULL SCHOLARSHIPS. 80948 10731 CHANCE DEVELOPMENTAL WORK INCLUDES CHANCE'S ON THE RADAR (OTR) NEW WORKS PROGRAM AS WELL AS BOOKED-IN EVENTS TO PARTNER WITH AND HOST LOCAL ARTS ORGANIZATIONS TO PRESENT THEIR OWN ARTISTIC PROGRAMS. CHANCE'S OTR INCLUDES A SCRIPT READING SERIES, PLAYWRIGHT RESIDENCY, AND COMMISSIONING PROGRAM--ALL DEDICATED TO SUPPORTING DIVERSE NEW STORIES BY EMERGING U.S. PLAYWRIGHTS. IN 2024, WE INVITED AUDIENCES TO ENGAGE WITH THE DEVELOPMENT PROCESS THROUGH TICKETED EVENTS AND SUBSCRIPTIONS FEATURING THE FOLLOWING NEW WORKS: LIPSTICK LOBOTOMY, CALL YOUR MOTHER, BOAT SHOW, TENDERNESS AND GRATITUDE NUMBER FOUR AND BOAT SHOW (2ND READING WITH UPDATED SCRIPT). 41647 7875 EQUIPMENT & SPACE RENTALS; CHANCE RENTS THEIR SPACE TO OUTSIDE ORGANIZATIONS AND INDIVIDUALS TO USE THE BETTE AITKEN THEATER ARTS CENTER. RENTALS MAY INCLUDE CRIPE OR FYDA-MAR STAGE, CLASSROOM, AND LOBBY SPACE. TECHNICAL EQUIPMENT IS ALSO RENTED AS-NEEDED FOR THEATRICAL EVENTS, WORKSHOPS, OPEN MIC NIGHTS, WEDDINGS, AND VARIOUS OTHER EVENTS. 41647 7875 1092840 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 11 0 1 108 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 CA X X OANH NGUYEN 8884554212 5522 EAST LA PALMA AVENUE ANAHEIM CA 92807 OANH NGUYEN EXECUTIVE ARTISTIC DIRECTOR 40.00 X X 87064 0 0 BRUCE GOODRICH CHAIR 6.00 X X 0 0 0 SUSAN BOWMAN VICE-CHAIR 6.00 X X 0 0 0 ANDY LAMB TREASURER 6.00 X X 0 0 0 LARRY CRIPE SECRETARY 6.00 X X 0 0 0 RACHELLE MENAKER IMMEDIATE PAST CHAIR 6.00 X X 0 0 0 BETTE AITKEN BOARD MEMBER 4.00 X 0 0 0 MARTIN BENSON BOARD MEMBER 4.00 X 0 0 0 FREDDIE GREENFIELD BOARD MEMBER 4.00 X 0 0 0 ELIZABETH JONES BOARD MEMBER 4.00 X 0 0 0 STEVEN KOCH BOARD MEMBER 4.00 X 0 0 0 MOLLY MAHONEY BOARD MEMBER 4.00 X 0 0 0 TERRY SCHOMBURG BOARD MEMBER 4.00 X 0 0 0 LAURIE SMIT STAUDE BOARD MEMBER 4.00 X 0 0 0 CASEY LONG FORMER MANAGING DIRECTOR 40.00 X 14802 0 0 101866 0 0 0 1 0 0 0 120430 39000 473390 632820 SEASON IN-HOUSE PRODUC 711110 435130 435130 EDUCATION PROGRAM 711110 28145 28145 DEVELOPMENTAL WORK 711110 10731 10731 7875 7875 481881 129363 129363 97288 100055 -2767 -2767 -2767 105099 120430 84216 20883 20883 43087 19957 23130 23130 1285310 505011 0 147479 101866 74310 18240 9316 415479 339567 39376 36536 25654 17498 4229 3927 61160 42317 12996 5847 14500 9425 3625 1450 31864 29742 1516 606 95062 81665 10048 3349 10517 7237 2343 937 6016 3910 1504 602 24449 24449 259113 220246 12956 25911 1813 1813 821 821 7408 5926 1482 29765 23812 5953 13048 8481 3262 1305 PRODUCTION EXPENSES 198136 197760 251 125 DONOR EVENTS 23903 1626 248 22029 AUDIENCE EVENTS 3530 1363 2167 EDUCATION EVENTS 1568 1568 1497 125 1348 24 1327169 1092840 120198 114131 240620 159744 220404 506962 213934 249820 5009 34535 39259 1049547 941437 137875 108110 2104623 1837491 253048 14830 502126 3039445 3588945 33971 30488 10433 8869 265175 267900 4844 528041 314423 835298 X 1653075 1907736 1071947 845911 2725022 2753647 3039445 3588945 -41859 -40802 111286 0 X X 0 1 X 1 0 X 579580 1477904 859604 1281494 632820 4831402 121912 170547 418617 531989 524968 1768033 701492 1648451 1278221 1813483 1157788 6599435 125415 115045 171202 631391 273275 1316328 0 125415 115045 171202 631391 273275 1316328 5283107 10299 14548 28307 69155 126596 248905 10299 14548 28307 69155 126596 248905 711791 1662999 1306528 1882638 1284384 6848340 0.77140 0.79230 0.03630 0.02010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 539721 125 35598 -13633 561811 52399 460220 27102 539721 53000 -601 52399 0.11050 0.88950 0 0 811085 811085 0 238462 130352 108110 108110 OTHER SECURITIES - MORGAN STANLEY BANK CD 253048 C 253048 OTHER CURRENT ASSETS (DEPOSITS) 9300 RIGHT-OF-USE ASSETS 492826 502126 RIGHT-OF-USE LIABILITY 528041 528041 X 1244508 -40802 -40802 1285310 0 1285310 1327169 0 1327169 0 1327169 PART X, LINE 2: THE COMPANY QUALIFIES AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE AND, THEREFORE, IS NOT SUBJECT TO INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT REGULARLY EVALUATES POTENTIAL TAX EXPOSURES THAT MAY RESULT FROM UNRELATED BUSINESS INCOME TAX AND ACTIVITIES THAT MAY JEOPARDIZE THE COMPANY'S TAX EXEMPT STATUS. AS A RESULT OF MANAGEMENT'S EVALUATION, NO TAX PROVISION WAS RECORDED. GALA 146564 110812 35752 15856 2160 4627 NY TRIP 2024 75665 9618 66047 61573 1 3300 3300 225529 120430 105099 15856 2160 66200 84216 20883 0 0 0 0 0 0 0 0 0 CASEY LONG FORMER MANAGING DIRECTOR 14802 0 0 0 0 0 0 0 0 0 14802 0 0 0 ERIKA NGUYEN DBA ERIKA MILLER WIFE OF EXECUTIVE ARTISTIC DIRECTOR 47268 COMPENSATION AS GENERAL MANAGER. 0 CAMRYN ZELINGER WIFE OF MANAGING DIRECTOR 2725 COMPENSATION AS ADMINISTRAVIE ASSOCIATE. LEFT POSITION IN APRIL 2024, AS DID HER HUSBAND AS MANAGING DIRECTOR. 0 FORM 990, PART VI, SECTION A, LINE 2 TWO OF OUR BOARD MEMBERS ARE MARRIED: SUSAN BOWMAN AND FREDDIE GREENFIELD. FORM 990, PART VI, SECTION B, LINE 11B WE HAVE AN AUDIT COMMITTEE THAT REVIEWS THE TAX RETURN IN DETAIL PRIOR TO FILING. THE 990 IS MADE AVAILABLE TO THE REST OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 A DESIGNATED BOARD COMMITTEE ACQUIRED DATA FOR SALARIES OF OTHER THEATER EMPLOYEES THROUGH THE THEATRE COMMUNICATIONS GROUP. THEY EXAMINED THE SALARY AMOUNTS AND COMPARED THEM TO THE BUDGET AND CONCLUDED WITH THE PAY RATE FOR THE FIVE FULL-TIME EMPLOYEES, AND TWO PART-TIME EMPLOYEES ARE REASONABLE. THE RECOMMENDATION OF THIS COMMITTEE IS SUBMITTED TO AND APPROVED BY THE EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION C, LINE 19 WE MAKE OUR FINANCIAL DOCUMENTS AVAILABLE THROUGH WEBSITES THAT POST NON-PROFIT INFORMATION, INCLUDING GUIDESTAR.COM. THEY ARE ALSO AVAILABLE UPON REQUEST. PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. PART IV, LINE 12A THE AUDITED FINANCIAL STATEMENTS ARE NOT YET AVAILABLE, AS THE AUDIT FOR THE FISCAL YEAR IS STILL ONGOING. THEY WILL BE AVAILABLE UPON COMPLETION OF THE AUDIT. PART XI, LINE 8 THE ORGANIZATION IS IN THE PROCESS OF COMPLETING ITS FIRST-EVER FINANCIAL STATEMENT AUDIT FOR THE YEAR ENDED DECEMBER 31, 2024. AS PART OF THIS PROCESS, CERTAIN PRIOR-PERIOD ADJUSTMENTS AND OTHER CORRECTIONS TO BEGINNING NET ASSETS WERE NECESSARY. THESE ADJUSTMENTS INCLUDE THE RECONCILIATION OF BEGINNING NET ASSETS TO AUDITED INFORMATION.