2018-04-23T15:40:29-05:00 2017-06-30 330310569 Haskell & White LLP 300 Spectrum Center Drive Suite 300 Irvine CA 92618 990 2016-07-01 951509841 The Laguna Playhouse LAGU 9494972787 PO BOX 1747 Laguna Beach CA 926521747 Ellen Richard Executive Director 9494972787 2018-04-18 1 Rick Smetanka P01677376 9494506200 216.73.111.4 2018-04-18 16:54:23 PD P BE5F4EC4C7818356B1A7FDCD46830D4A78EBA627 BE5F4EC4C7818356B1A7FDCD46830D4A78EBA627 2016 2021-01-29 14:40:06Z Ellen Richard PO BOX 1747 Laguna Beach CA 926521747 5895251 0 X www.lagunaplayhouse.com X 1929 CA To produce theatrical performances & educational programs to the community. 22 20 142 220 0 0 1691766 2226868 3316283 3354135 1344 587 91635 57207 5101028 5638797 0 0 0 0 1934262 2207722 0 0 404752 2798276 2828114 4732538 5035836 368490 602961 2828797 4214915 1359516 2142673 1469281 2072242 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 3920163 3286612 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. 16707 14800 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. 50158 52723 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. 3987028 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 1 1 0 0 0 0 0 0 0 0 1 33 0 1 142 1 0 0 0 0 0 1 1 0 0 0 0 X 22 20 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Irene Samadoff 9494946973 PO BOX 1747 Laguna Beach CA 926521747 Timothy D Carlyle Trustee 4.00 X 0 0 0 Cody Engle 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 Joe Hanauer Co-Chairman 4.00 X X 0 0 0 Cynthia Harriss Vice Treasurer 4.00 X 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 Co-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 122206 0 6300 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 Gary Jenkins 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 97319 0 16763 Gregory Andrews Trustee 4.00 X 0 0 0 Steven R Chidester Trustee 4.00 X 0 0 0 Ken Fischbeck Trustee 4.00 X 0 0 0 James Hale Trustee 4.00 X 0 0 0 Sheila Hennessey Trustee 4.00 X 0 0 0 219525 0 23063 1 0 0 0 Eighty-Eight LLC PO Box 20116 Baltimore MD 212840116 Royalties 168737 Boebe Productions PO Box 1424 Beach Haven NJ 08008 Royalties 143242 Magic Pictures International 7800 Beverly Blvd 207 Los Angeles CA 90046 Royalties 115000 3 340227 339260 1547381 96581 2226868 Admissions 711110 3022547 3022547 Concessions 711110 212300 212300 Tuition 711110 52723 52723 Other 711110 51765 51765 Touring 711110 14800 14800 3354135 587 587 313661 340227 256454 57207 57207 5638797 3354135 0 57794 337335 247335 78000 12000 1576681 1163424 188181 225076 47421 47421 85369 64916 11871 8582 160916 109956 31848 19112 490150 282433 118689 89028 313281 303590 1927 7764 75434 56575 15087 3772 184569 159294 19295 5980 54911 45444 3462 6005 133821 127130 6691 124741 104811 16413 3517 84728 35832 46905 1991 Theatrical Fees 870952 870952 Concession and Other 208093 191974 7981 8138 Repairs and Maintenance 132452 105962 26490 Costumes, Scenery & Spe 90888 89298 1590 0 64094 28102 28896 7096 5035836 3987028 644056 404752 541585 1304488 430445 479309 792105 763722 6654 14429 322102 334390 3395226 2257752 557529 1137474 176819 178596 1558 2507 2828797 4214915 145228 250465 937555 1174294 276733 717914 1359516 2142673 X 557194 718161 789697 1223591 122390 130490 1469281 2072242 2828797 4214915 602961 0 X 0 1 X 1 0 X 757159 1078856 1077206 1691766 2226868 6831855 2868940 3327088 3351119 3595330 3667796 16810273 3626099 4405944 4428325 5287096 5894664 23642128 65230 135452 125826 298125 9695 634328 0 65230 135452 125826 298125 9695 634328 23007800 1616 1147 1147 1344 587 5841 1616 1147 1147 1344 587 5841 3627715 4407091 4429472 5288440 5895251 23647969 0.97290 0.96740 0.00020 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 122390 8100 130490 109920 12470 879 879 122390 104907 6545 1532 109920 49320 57342 1755 104907 49320 49320 0.00000 1.00000 0.00000 0 0 437606 437606 365295 114204 251091 1544581 1213710 330871 941119 816524 124595 106625 113314 -6689 1137474 X 5607725 12473 256454 268927 5338798 299999 299999 5638797 5004764 12473 256454 268927 4735837 299999 299999 5035836 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 256,454. Part XI, Line 4b - Other Adjustments: Special event indirect expenses offsetting revenue 299,999. Part XII, Line 2d - Other Adjustments: Special Events Direct Expenses 256,454. Part XII, Line 4b - Other Adjustments: Special event indirect expenses offsetting revenue 299,999. Part V, Line 4 Intended Uses of Endowment Funds: The endowment fund is to be held in perpetuity with earnings appropriated annually through the Organization's annual budgeting process. Gala 565557 309653 255904 74605 5587 121683 Murder Mystery 71021 30234 40787 5546 44613 1 17310 340 16970 4420 653888 340227 313661 74605 5546 5587 170716 256454 57207 X 1 1 X X X 0 0 0 0 0 0 0 0 0 Joseph Hanauer Chairman of the Board 23607 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, 2017, the Playhouse incurred rent expense associated with this lease of $23,607. 0 Glenn Gray Treasurer 642907 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 $74,950 as of June 30, 2017. The loan is secured by a $147,335 certificate of deposit with a term of more than ninety days, which earns interest at 0.35% per annum and is classified as an investment. Annually, the certificate of deposit interest rate will be evaluated by the bank, and if it is revised, the interest rate on the loan will also be adjusted to maintain a 1.5% spread.In May 2017, the Playhouse entered into a $647,500 mortgage note payable agreement with a bank, where Mr. Gray serves as CEO and President, to purchase a condominium, as well as refinance three separate existing mortgage notes. T 0 Glenn Gray Treasurer 74950 In May 2017, the Playhouse entered into a $647,500 mortgage note payable agreement with a bank, where Mr. Gray serves as CEO and President, to purchase a condominium, as well as refinance three separate existing mortgage notes. The note currently bears interest at 5% and is amortized over 10 years maturing on May 16, 2027. The balance due as of June 30, 2017 was $642,907, and the note payable is collateralized by four condominium properties. A Trustee of the Playhouse is an executive with this financial institution. 0 0 X 5092 FMV X 1 6000 FMV X Gift certificates 1 5500 FMV X Room accomodations 1 5000 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 & Finance 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 & Finance Committee before the filing deadline. - If the Audit & Finance 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 & Finance 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 & Finance 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 & Finance 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 & Finance Committee and filed with the Internal Revenue Service, the Audit & Finance 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.