2025-02-11T07:03:03-06:00 2024-06-30 930928924 PERKINS & COMPANY PC 1211 SW FIFTH AVE SUITE 1000 PORTLAND OR 97204 990 2023-07-01 930700108 LAKEWOOD THEATRE COMPANY LAKE 5036356338 PO BOX 274 LAKE OSWEGO OR 97034 ANDREW EDWARDS EXECUTIVE DIRECTOR 5036356338 2025-01-27 1 1 ROSS LOCKWOOD P01374434 5032210336 2025-01-27 2023 2025-03-06 01:10:19Z ANDREW EDWARDS PO BOX 274 LAKE OSWEGO OR 97034 2881993 0 X WWW.LAKEWOOD-CENTER.ORG X 1952 OR TO INSPIRE AND NURTURE A LOVE OF THEATRE AND THE ARTS. 23 22 48 726 6380 0 1331007 980990 984563 1327727 12208 67459 235622 265612 2563400 2641788 0 0 0 0 747570 740122 0 0 129934 1808902 1607248 2556472 2347370 6928 294418 5578614 6073339 448545 578580 5130069 5494759 X 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 EDUCATION AND CULTURAL PROGRAMMING IN VISUAL ARTS, THEATRE AND COMMUNITY EVENTS. 0 0 1373642 1073471 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. LAKEWOOD ALSO PROVIDES 50-60 CLASSES EACH QUARTER IN THEATRE, DANCE, TV, AND ART TO STUDENTS AGES 3-ADULT WITH RESIDENT AND VISITING ARTISTS. 32954 THE YOUTH OUTREACH PROGRAM AT LAKEWOOD IS TO CREATE OPPORTUNITIES FOR YOUTH IN THE GREATER PORTLAND AREA TO PARTICIPATE, BOTH AS ARTISTS AND AUDIENCE, IN ALL THAT LAKEWOOD HAS TO OFFER. LAKEWOOD STRIVES TO BRING OPPORTUNITIES TO THE UNDERSERVED YOUTH IN THE REGION WHOM, BECAUSE OF GEOGRAPHIC, SOCIO-ECONOMIC, CULTURAL OR LANGUAGE BARRIERS, HAVE LIMITED ACCESS TO ARTS EDUCATION. THIS PROGRAM FACILITATES CONVERSATIONS WITH YOUTH, THEIR FAMILIES, AND THEIR SUPPORTING ORGANIZATIONS, RESULTING IN OPEN COLLABORATIONS AND A BETTER UNDERSTANDING OF HOW TO CONTINUE TO CREATE MEANINGFUL EXPERIENCES. LAKEWOOD CENTER RECOGNIZES THE IMPORTANCE OF CREATING AN INVITING, DIVERSE AND INCLUSIVE ENVIRONMENT FOR PARTICIPANTS, AS ARTISTS, STUDENTS, AND AUDIENCE. DURING THE 2023-2024 SCHOOL YEAR OVER 200 STUDENTS FROM PRESCHOOL TO HIGH SCHOOL PARTICIPATED IN THIS PROGRAM.CURRENT YOUTH OUTREACH PROGRAM ACTIVITIES INCLUDE: IN-PERSON ART, THEATRE AND DANCE WORKSHOPS TAUGHT IN PARTICIPATING SCHOOLS. THESE INCLUDE BILINGUAL (ENGLISH/SPANISH) WORKSHOPS. ON-LINE ART WORKSHOPS. ALSO INCLUDING BILINGUAL (ENGLISH/SPANISH) WORKSHOPS. SUPPORT OF ART PROGRAMS ALREADY EXISTING IN LOCAL SCHOOLS BY PROVIDING FINANCIAL ASSISTANCE, MATERIALS AND VISITING ARTISTS. A WEEK OF COLOR: A BILINGUAL (ENGLISH/SPANISH) ART INSTRUCTION BOOKLETS AND VIDEO SERIES, DISTRIBUTED TOGETHER WITH ART KITS TO AREA ELEMENTARY SCHOOLS. YOUTH ART EXHIBIT AT THE LAKE OSWEGO FESTIVAL OF THE ARTS, INCLUDING ALL ART CREATED BY STUDENTS PARTICIPATING IN THE YOUTH OUTREACH PROGRAM. AWARDS RECEPTION FOR ALL ARTISTS AND FAMILIES PARTICIPATING IN THE YOUTH ART EXHIBIT. INVITATIONS FREE OF CHARGE TO THEATRE PROGRAMS AT LAKEWOOD FOR FAMILIES PARTICIPATING IN THE YOUTH OUTREACH PROGRAM. 328380 147566 THE LAKE OSWEGO FESTIVAL OF THE ARTS IS A COMMUNITY WIDE CELEBRATION ATTRACTING ON AVERAGE 25,000 PEOPLE PER YEAR. IT FOCUSES ON ARTS EDUCATION, PERFORMANCE AND EXHIBITION. THE 4-DAY EVENT INCLUDES GUEST ARTISTS, MUSIC, LIVE THEATRE PERFORMANCE, ARTISANS DISPLAYING THEIR CRAFT, ART CLASSES, LECTURES AND EXHIBITIONS. 268202 100510 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. 268202 100510 2003178 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 1 233 0 1 48 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X MIRIAM STEIERMAN 5036356338 368 S STATE ST LAKE OSWEGO OR 97034 DAVID AVISON PRESIDENT 2.00 X X 0 0 0 JAN COULTON SECRETARY / TREASURER 3.00 X X 0 0 0 DAN FINDLEY ASSISTANT TREASURER 1.00 X X 0 0 0 JOANN FRANKEL 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 JEANNE DENTON DIRECTOR 1.00 X 0 0 0 NICK ATWOOD 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 STEVEN JURNEY DIRECTOR 1.00 X 0 0 0 PAULA KANAREK DIRECTOR 1.00 X 0 0 0 JOANN 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 MARTHA SCHRADER DIRECTOR 1.00 X 0 0 0 DOUG ZIMMERMAN DIRECTOR 1.00 X 0 0 0 ANN GELLER DIRECTOR 1.00 X 0 0 0 KATHY LEVEE DIRECTOR 1.00 X 0 0 0 JOHN DAKIN DIRECTOR 1.00 X 0 0 0 ANDREW EDWARDS EXECUTIVE DIRECTOR 50.00 X 139209 0 4800 139209 0 4800 1 0 0 0 0 202984 83600 103570 590836 980990 TICKET SALES 711110 1073271 1073271 FESTIVAL OF THE ARTS 711300 147566 147566 CLASSES 711110 100510 100510 ADVERTISING 711110 6380 6380 1327727 64275 64275 77558 0 77558 77558 77558 106350 103166 3184 3184 3184 96096 83600 74960 21136 21136 7626 300 7326 7326 221171 61779 159392 159392 OTHER REVENUE 711300 200 200 200 2641788 1321547 6380 332871 147272 110454 29454 7364 520272 327018 112367 80887 15431 8574 4976 1881 57147 36230 15535 5382 50463 32255 17560 648 8572 8572 65808 65808 60408 55948 4460 154176 151326 750 2100 3125 3125 133449 122442 9780 1227 33828 29108 4720 THEATRE PRODUCTIONS 633084 633084 DIRECT FUNDRAISING 179906 148649 812 30445 FESTIVAL OPERATIONS 73785 73785 EDUCATION 60161 60161 150483 136639 13844 2347370 2003178 214258 129934 814778 370595 612160 1224719 51000 0 11628 10975 91408 104824 6462717 3439338 3027310 3023379 970330 1338847 5578614 6073339 114869 126099 333676 452481 448545 578580 X 4758310 5035657 371759 459102 5130069 5494759 5578614 6073339 294418 70272 0 X X 0 1 X 1 0 X 617359 716256 1750020 1331007 980990 5395632 738895 56730 733224 976773 1321347 3826969 119664 27673 139202 175011 228697 690247 1475918 800659 2622446 2482791 2531034 9912848 23000 129116 94131 114876 434277 795400 0 23000 129116 94131 114876 434277 795400 9117448 94221 117745 135084 106841 141833 595724 94221 117745 135084 106841 141833 595724 8456 67624 98781 31869 21136 227866 1578595 986028 2856311 2621501 2694003 10736438 0.84920 0.88750 0.05550 0.04580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 279582 119506 52953 452041 261047 9196 9339 279582 299907 6195 -45055 261047 247462 5835 46610 299907 236567 4470 6425 247462 0.47734 0.52266 0 0 150000 150000 6089319 3215940 2873379 223398 223398 0 3023379 X 2758968 70272 46908 117180 2641788 0 2641788 2394278 46908 46908 2347370 0 2347370 PART X, LINE 2: LAKEWOOD IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). LAKEWOOD MAY BE SUBJECT TO TAX ON INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE. FOR THE YEAR ENDED JUNE 30, 2024, NO SUCH UNRELATED BUSINESS TAXABLE INCOME WAS REPORTED AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. LAKEWOOD FOLLOWS U.S. GAAP RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. LAKEWOOD RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS IN THE STATEMENT OF ACTIVITIES WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT LAKEWOOD HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2024, AND THEREFORE, NO AMOUNTS HAVE BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON THE STATEMENT OF REVENUE BINGO EXPENSES REPORTED ON THE STATEMENT OF REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON THE STATEMENT OF REVENUE BINGO EXPENSES REPORTED ON THE STATEMENT OF REVENUE 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. LAKEWOOD IN CITY LIGHTS 179696 83600 96096 3500 5486 28866 37108 179696 83600 96096 3500 5486 28866 37108 74960 21136 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 THE BOARD IS PROVIDED A COMPENSATION SURVEY OF NON-PROFITS EACH YEAR TO REVIEW HOW SIMILAR ORGANIZATIONS COMPENSATE THEIR EMPLOYEES. IN LATE FALL EACH YEAR, THE FINANCE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR COMPENSATION AND PRESENTS THEIR COMMENTS TO THE FULL BOARD FOR INPUT AND VOTE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.