2025-10-24T13:51:53-05:00 2024-06-30 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2023-07-01 390975374 SKYLIGHT MUSIC THEATRE CORP SKYL 4142917811 158 N BROADWAY MILWAUKEE WI 53202 SUSAN VARELA EXECUTIVE DIRECTOR 4142917811 2025-10-15 1 1 PATRICK HOFFERT P00979243 4142717800 2023 2025-03-06 01:10:19Z X SUSAN VARELA 158 N BROADWAY MILWAUKEE WI 53202 3397144 0 X SKYLIGHTMUSICTHEATRE.ORG X 1963 WI TO BRING THE FULL SPECTRUM OF MUSIC THEATRE WORKS TO A DIVERSE AUDIENCE 24 24 177 273 0 0 1232805 1167417 1229627 1027175 157046 49334 255284 233996 2874762 2477922 0 0 0 0 2412424 1972532 0 0 131820 1995398 1908343 4407822 3880875 -1533060 -1402953 4241856 2637756 2789429 2589314 1452427 48442 X TO BRING THE FULL SPECTRUM OF MUSIC THEATRE WORKS TO A WIDE AND DIVERSE AUDIENCE 0 0 3204861 1132854 THE SKYLIGHT PROVIDED A SEASON OF MUSICAL THEATRE WORKS 99455 2372 THE SKYLIGHT PROVIDED EDUCATIONAL PROGRAMMING FOR ADULTS AS WELL AS ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS, PREDOMINANTLY IN THE MILWAUKEE PUBLIC SCHOOL SYSTEM 3304316 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 100 0 1 177 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X X THE ORGANIZATION 4142917811 158 N BROADWAY MILWAUKEE WI 532026038 X VALERIE JOHNSON PRESIDENT 1.00 X X 0 0 0 BARB BOLENS TREASURER 1.00 X X 0 0 0 ALEXANDER FRASER VP OF GOVERNANCE 1.00 X X 0 0 0 ROGER DICKSON VP OF DEVELOPMENT 1.00 X X 0 0 0 MICHAEL LUEDER SECRETARY 1.00 X X 0 0 0 MARY MCNULTY VP OF MARKETING 1.00 X X 0 0 0 ROBERT BABISH DIRECTOR 1.00 X 0 0 0 F TESSA ESCAMILLA BARTELS DIRECTOR 1.00 X 0 0 0 NATHAN BERNSTEIN DIRECTOR 1.00 X 0 0 0 MARY BRIDGES DIRECTOR 1.00 X 0 0 0 BRIAN CASEY DIRECTOR 1.00 X 0 0 0 COLIN CABOT DIRECTOR 1.00 X 0 0 0 AMANDA COLLINS DIRECTOR 1.00 X 0 0 0 W ALBERT HAMWRIGHT JR DIRECTOR 1.00 X 0 0 0 MARNI KING DIRECTOR 1.00 X 0 0 0 LINDSEY KOPPS DIRECTOR 1.00 X 0 0 0 MIKE LASKA DIRECTOR 1.00 X 0 0 0 DAVID LEE DIRECTOR 1.00 X 0 0 0 HOWARD MILLER DIRECTOR 1.00 X 0 0 0 JEFFREY SPELLER DIRECTOR 1.00 X 0 0 0 DAN WRIGHT DIRECTOR 1.00 X 0 0 0 HERB ZIEN DIRECTOR 1.00 X 0 0 0 KEN DORTZBACH PRESIDENT ELECT 1.00 X X 0 0 0 CHRIS BEHLING VP OF STRATEGIC MARKETING 1.00 X X 0 0 0 SUSAN VARELA EXECUTIVE DIRECTOR 50.00 X 117556 0 22067 MICHAEL UNGER ARTISTIC DIRECTOR 50.00 X 112617 0 37531 230173 0 59598 2 0 1 0 0 X 319507 13000 15760 819150 26979 1167417 TICKET SALES 711110 1024803 1024803 PERFORMANCE AND EDUCAT 711110 2372 2372 1027175 48384 48384 125377 0 125377 125377 125377 915473 914523 950 950 950 5267 13000 4699 568 568 HANDLING FEES 900099 85344 85344 CONCESSIONS 900099 11472 11472 MISC INCOME 900099 11235 11235 108051 2477922 1135226 0 175279 X 309051 165344 143707 1489122 1284086 110163 94873 33628 29764 3864 140731 113732 18898 8101 8528 8528 19150 19150 168822 154900 13922 103096 103096 42820 11434 31364 22 69709 36586 33123 105427 105427 668879 654826 9951 4102 27300 27300 28097 28097 56430 56430 66096 53713 8769 3614 PRODUCTION MATERIALS 278520 278520 HOUSING EXPENSES 92470 92470 MISC EXPENSES 76716 46195 15063 15458 CREDIT CARD FEES 69669 68090 1579 26614 22403 4004 207 3880875 3304316 444739 131820 X 217399 108347 49670 44424 255569 165170 5940 21201 7480 7480 100011 26029 742649 635721 148213 106928 1143321 303429 2314253 1854748 4241856 2637756 107968 263021 294151 372230 2387310 1954063 2789429 2589314 X 1147188 -190265 305239 238707 1452427 48442 4241856 2637756 X -1402953 -1032 0 X X 0 1 X 1 0 X 1272827 2183685 2436882 1232805 1167417 8293616 1272827 2183685 2436882 1232805 1167417 8293616 192984 8100632 160775 162970 116861 317471 174711 932788 91647 6666 91185 151454 108051 449003 9675407 4618681 0.83720 0.60930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1143321 95 75733 915720 303429 2026395 -883074 1143321 2337386 -310991 2026395 2166329 990000 471057 1290000 2337386 2296343 89169 69986 289169 2166329 1.00000 0 0 616984 510639 106345 125665 125082 583 106928 SECURITY DEPOSITS 52649 OTHER ASSETS 1411 OPERATING LEASE RIGHT OF USE ASSET 1784401 FINANCING LEASE RIGHT OF USE ASSET 16287 1854748 SECURITY DEPOSITS 2024 OTHER LIABILITIES 11393 OPERATING LEASE LIABILITY 1923893 FINANCING LEASE LIABILITY 16753 1954063 X 2477428 -1032 538 -494 2477922 0 2477922 3881413 538 538 3880875 0 3880875 PART V, LINE 4: USE INTEREST/EARNINGS TO SUPPORT OPERATIONS PART X, LINE 2: THE ORGANIZATION HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH U.S. GAAP. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURE REQUIRED. MANAGEMENT OF THE ORGANIZATION EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. SKYLIGHT NIGHT 125 125 500 VIP EVENT 18142 13000 5142 2755 100 708 1 636 18267 13000 5267 2755 100 1844 4699 568 X X 0 0 0 0 0 0 0 0 0 MICHAEL UNGER ARTISTIC DIRECTOR 112617 0 0 0 0 0 0 0 37531 0 150148 0 0 0 X 4 26979 FAIR MARKET VALUE 0 0 0 FORM 990, PART I, LINES 5, 8, 9, 12, 17, 18, 19, 20, 21, AND 22 THE RETURN IS BEING AMENDED DUE TO THE AUDIT BEING COMPLETED AFTER THE TAX RETURN'S EXTENDED DUE DATE. ALSO, ADDITIONAL TAX INFORMATION WAS PROVIDED AFTER THE RETURN WAS FILED. THE REVISED AMOUNTS ARE NOTED AND CHANGES ARE DISCLOSED BELOW. LINE 5 - NUMBER OF W2S ISSUED FOR 2023 WAS 177. LINE 8 - CONTRIBUTIONS INCREASED BY $45,708 DUE TO A RECEIVABLE FROM UPAF. LINE 9 - PROGRAM REVENUE INCREASED BY $5 DUE TO THE AUDIT. LINE 12 - TOTAL REVENUE INCREASED BY $45,713. LINE 17 - OTHER EXPENSES INCREASED BY $2 DUE TO THE AUDIT. LINE 18 - TOTAL EXPENSES INCREASED BY $2 DUE TO THE AUDIT. LINE 19 - NET INCOME INCREASED BY $45,711 DUE TO THE CHANGES NOTED ABOVE. LINE 20 - TOTAL ASSETS DECREASED BY $18,553 DUE TO A RECLASSIFICATION TO MOVE MCT RECEIVABLES TO THE LIABILITIES OF $64,263, THE RECOGNIZED UPAF RECEIVABLE $45,708, AND ROUNDING $2 IN CASH. LINE 21 - TOTAL LIABILITIES DECREASED DUE TO A RECLASSIFICATION TO MOVE THE MCT RECEIVABLE TO NET WITH THE MCT PAYABLES. LINE 22 - NET ASSETS INCREASED BY $45,710 DUE TO THE INCREASED IN ASSETS OF $45,710. FORM 990, PART III, LINES 4A AND 4B THE TOTAL PROGRAM EXPENSES AND PROGRAM REVENUES HAVE BEEN ADJUSTED TO REFLECT THE CHANGES ON THE AMENDED RETURN DUE TO COMPLETION OF THE AUDIT. THE CHANGES ARE NOTED BELOW. LINE 4A - PROGRAM EXPENSES INCREASED BY $103,531 DUE TO THE FUNCTIONAL EXPENSE ALLOCATION BEING REVISED FROM THE AUDIT LINE 4B - PROGRAM REVENUE INCREASED BY $5 TO REFLECT THE PROGRAM REVENUE ON THE AUDIT REPORT. FORM 990, PART IV, LINE 11F LINE 11F IS YES BECAUSE NOW THE AUDIT HAS BEEN COMPLETED. THE AMENDED 990 REFLECTS THE CHANGES MADE DURING THE AUDIT. FORM 990, PART V, LINES 1A, 2A AND 2B THE 1099S AND W3 FOR 2023 WERE PROVIDED AFTER THE ORIGINAL RETURN WAS FILED AND THE AMOUNTS ISSUED IS NOW REFLECTED ON THE AMENDED RETURN. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE IS EMAILED THE FORM 990 PRIOR TO SUBMISSION FOR REVIEW, HOWEVER THE ENTIRE BOARD DOES NOT RECEIVE A COPY FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE IN WRITING ANNUALLY VIA A QUESTIONNAIRE ANY CONFLICTS OF INTEREST RELATED TO THE ORGANIZATION FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR'S COMPENSATION IS DECIDED BY THE BOARD OF DIRECTORS AFTER REVIEWING AVAILABLE INFORMATION FOR SIMILAR POSITIONS AVAILABLE TO THE PUBLIC. THE BOARD AND TOP MANAGEMENT ARE WELL ACQUAINTED WITH THE MARKET VALUE OF SIMILAR POSITIONS OF OFFICERS AND KEY EMPLOYEES IN THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON OUR WEBSITE AND GUIDESTAR. OTHER DOCUMENTS WOULD BE AVAILABLE BY REQUEST. FORM 990, PART VI, LINES 1A AND 1B TWO ADDITIONAL BOARD MEMBERS WERE PROVIDED TO THE FULL LIST AFTER THE ORIGINAL RETURN WAS FILED. THEY HAVE BEEN ADDED TO THE AMENDED RETURN. FORM 990, PART VII, SECTION A, LINES 1A, 1B, 1D, 2 AND 4 LINE 1A - TWO ADDITIONAL BOARD MEMBERS WERE PROVIDED AFTER THE ORIGINAL RETURN WAS FILED AS WELL AS THE COMPENSATION FOR MICHAEL UNGER AND SUSAN VARELA. LINE 1B - COMPENSATION FOR SUSAN VARELA FOR THE CALENDAR YEAR 2023 WAS $117,556 IN WAGES AND $22,067 IN BENEFITS. MICHAEL UNGER'S CALENDAR YEAR 2023 COMPENSATION WAS $112,617 IN WAGES AND $37,531 IN BENEFITS. LINE 1D - TOTAL OFFICER COMPENSATION FOR 2023 WAS 289,771 WHICH IS $230,173 IN WAGES AND $59,598 IN BENEFITS. LINE 2 - TWO INDIVIDUALS RECEIVED REPORTABLE COMPENSATION OVER $100,000, MICHAEL UNGER AND SUSAN VARELA. LINE 4 - SCHEDULE J IS REQUIRED FOR THE AMENDED RETURN AFTER THE OFFICER COMPENSATION WAS PROVIDED. FORM 990, PART VIII, LINES 1A, 1H, 2B, AND 12 LINE 1A - FEDERATED CAMPAIGN CONTRIBUTIONS INCREASED BY $45,708 DUE TO THE UPAF RECEIVABLE ADDING FROM THE AUDIT. LINE 1H - TOTAL CONTRIBUTIONS INCREASED BECAUSE OF THE INCREASE NOTED ABOVE IN FEDERATED CAMPAIGN CONTRIBUTIONS. LINE 2B - PERFORMANCE AND EDUCATION PROGRAM REVENUE INCREASED BY $2 TO AGREE TO THE AUDIT REPORT LINE 12 - TOTAL REVENUE INCREASED BY $45,713 DUE TO THE CHANGES NOTED ABOVE. FORM 990, PART IX, LINES 5, 7, 9, 16, 23, AND 25 VARIOUS LINES CHANGED ON THE STATEMENT OF FUNCTIONAL EXPENSES DUE TO THE AUDIT BEING COMPLETED AND ADDITIONAL INFORMATION BEING PROVIDED AFTER THE ORIGINAL RETURN WAS FILED. THE CHANGES NOTED BELOW ARE REFLECTED ON THE AMENDED RETURN. LINE 5 - OFFICER COMPENSATION IS BEING BROKEN OUT AS THIS INFORMATION WAS PROVIDED AFTER THE ORIGINAL RETURN WAS FILED. TOTAL OFFICER COMPENSATION FOR THE FISCAL YEAR WAS $309,051. LINE 7 - OTHER SALARIES DECREASED BY $245,792 DUE TO OFFICER SALARIES BEING MOVED TO LINE 5. LINE 9 - OTHER EMPLOYEE BENEFITS DECREASED BY $63,259 DUE TO OFFICER BENEFITS BEING MOVED TO LINE 5. LINE 16 - OCCUPANCY INCREASED BY $1 FROM ROUNDING ON THE AUDIT REPORT. LINE 23 - INSURANCE INCREASED BY $1 FROM ROUNDING ON THE AUDIT REPORT. LINE 25 - TOTAL EXPENSES INCREASED BY $2 DUE TO ROUNDING FROM THE AUDIT REPORT. FUNCTIONAL EXPENSE ALLOCATIONS WERE ALSO ADJUSTED TO REFLECT THE AUDIT FUNCTIONAL ALLOCATIONS. FORM 990, PART X, LINES 1, 3, 4, 16, 17, 26, 27, 28, 32, AND 33 THE BALANCE SHEET HAS BEEN AMENDED TO REFLECT THE CHANGES MADE FROM THE AUDIT. THOSE CHANGES ARE NOTED BELOW. LINE 1 - CASH INCREASED BY $2 DUE TO ROUNDING ON THE AUDIT LINE 3 - PLEDGES AND GRANTS RECEIVABLE INCREASED BY $45,708 DUE TO THE FEDERATED CAMPAIGN CONTRIBUTION RECEIVABLE FROM UPAF FROM THE AUDIT. LINE 4 - ACCOUNTS RECEIVABLE DECREASED BY $64,263 DUE TO THE AUDIT NETTING MCT RECEIVABLES WITH MCT PAYABLES. LINE 16 - TOTAL ASSETS DECREASED BY $18,553 DUE TO THE CHANGES IN CASH, PLEDGES AND GRANTS RECEIVABLE, AND ACCOUNTS RECEIVABLE. LINE 17 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES DECREASED BY $64,263 DUE TO THE AUDIT NETTING MCT RECEIVABLES WITH MCT PAYABLES. LINE 26 - TOTAL LIABILITIES DECREASED BY $64,263 DUE TO THE CHANGE IN ACCOUNTS PAYABLE AND ACCRUED EXPENSES. LINE 27 - NET ASSETS WITHOUT RESTRICTION INCREASED BY $1,111,967 DUE TO THE RECLASSIFICATION OF RESTRICTED NET ASSETS ON THE AUDIT REPORT. LINE 28 - NET ASSETS WITH RESTRICTION DECREASED BY $1,066,257 DUE TO THE RECLASSIFICATION OF RESTRICTED NET ASSETS ON THE AUDIT REPORT. LINE 32 - TOTAL NET ASSETS INCREASED BY $45,710 DUE TO THE CHANGED IN TOTAL REVENUE AND TOTAL EXPENSES ON PARTS VIII AND IX. FORM 990, PART XII, LINE 2C, AUDIT OVERSIGHT PROCESS: NO CHANGE IN THE OVERSIGHT PROCESS DURING THE YEAR. FORM 990, PART XI, LINES 1, 2, 3, 5, AND 10 THE RECONCILATION OF NET ASSETS CHANGES DUE TO CHANGES MADE DURING THE AUDIT. THE CHANGES ARE NOTED BELOW. LINE 1 - TOTAL REVENUE INCREASED BY $45,713 DUE TO THE CHANGE REFLECTED IN PART VIII LINE 2 - TOTAL EXPENSES INCREASED BY $2 DUE TO THE CHANGE REFLECTED IN PART LINE 3 - NET INCOME INCREASED BY $45,711 BECAUSE OF THE INCREASES IN REVENUE AND EXPENSES. LINE 5 - OTHER CHANGES IN NET ASSETS DECREASED BY $1 DUE TO ROUND ON THE AUDIT FOR UNREALIZED LOSSES NETTED WITH INVESTMENT INCOME. LINE 10 - ENDING NET ASSETS INCREASED BY $45,710 DUE TO THE CHANGE IN NET INCOME AND OTHER CHANGES IN NET ASSETS. FORM 990, PART XII LINES 2B AND 2C THE AUDIT WAS NOT COMPLETED WHEN THE ORIGINAL RETURN WAS FILED. THE AUDIT HAS NOW BEEN COMPLETED AND LINES 2B AND 2C ARE BOTH YES. SCHEDULE A, PART II, SECTION A, LINES 1, 4, 5, AND 6 SCHEDULE A HAS BEEN UPDATED TO REFLECT THE AMENDED 990 CHANGES MADE ON PART VIII. THE LINES THAT WERE CORRECTED ARE NOTED BELOW. LINES 1 AND 4 - CONTRIBUTIONS INCREASED BY $45,708 DUE TO THE ADDITIONAL CONTRIBUTIONS IN 2023 FROM FEDERATED CAMPAIGNS FROM THE AUDIT. LINE 5 - EXCESS CONTRIBUTIONS DECREASED BY $1,828 DUE TO THE INCREASE IN TOTAL CONTRIBUTIONS AND TOTAL SUPPORT LINE 6 - PUBLIC SUPPORT INCREASED BY $47,536 DUE TO THE CHANGE IN CONTRIBUTIONS AND THE EXCESS. SCHEDULE A, PART II, SECTION B, LINES 7, 11 AND 12 SCHEDULE A CHANGES ARE TO THE CHANGES MADE ON THE AMENDED 990. THE SECTION B CHANGES ARE NOTED BELOW. LINE 7 - CHANGED DUE TO THE CHANGE ON SECTION A LINE 4. LINE 11 - TOTAL SUPPORT INCREASED BY $45,708 DUE TO THE INCREASE IN CONTRIBUTIONS. LINE 12 - GROSS RECEIPTS FROM RELATED ACTIVITIES INCREASED BY $5 DUE TO THE INCREASE IN PROGRAM REVENUE ON THE AMENDED 990. SCHEDULE A, PART II, SECTION C, LINE 14 THE PUBLIC SUPPORT PERCENTAGE INCREASED BY 9% DUE TO THE CHANGES IN PUBLIC SUPPORT AND TOTAL SUPPORT REFLECTED ON THE AMENDED SCHEDULE A. SCHEDULE B, PART I, LINE 2, 3, AND 4 SCHEDULE B HAS BEEN CORRECTED TO REFLECT THE ADDITIONAL CONTRIBUTIONS FROM UPAF AND CORRECT DONOR ADDRESSES PROVIDED AFTER THE ORIGINAL FILING. THE CHANGES TO THOSE CONTRIBUTORS ARE NOTED BELOW. LINE 2 - TOTAL CONTRIBUTION FROM UNITED PERFORMING ARTS FUND INCREASED BY $45,708 DUE TO A RECEIVABLE FROM THE AUDIT. LINE 3 - THE ADDRESS FOR GEORGE H AND VIRGILEE F KRUECK FUND HAS BEEN UPDATED TO REFLECT THEIR CORRECTED ADDRESSES. LINE 4 - THE ADDRESS FOR JJF MANAGEMENT SERVICES HAS BEEN UPDATED TO REFLECT THEIR CORRECTED ADDRESS. SCHEDULE D, PART XI AND XII THE AUDIT WAS COMPLETED AFTER THE ORIGINAL RETURN WAS FILED. THE AUDIT HAS SINCE BEEN COMPLETED AND THE RECONCILIATION OF REVENUE AND EXPENSES ON THE AUDIT REPORT TO THE 990 HAS BEEN ADDED. SCHEDULE J, PART II THE OFFICER COMPENSATION WAS PROVIDED AFTER THE ORIGINAL RETURN WAS FILED. THE AMENDED RETURN ADDED IT IN AND ONE OFFICER'S COMPENSATION MET THE THRESHOLDS TO BE DISCLOSED ON SCHEDULE J AS HIS COMPENSATION WAS OVER $150,000.