2017-02-15T14:32:30-06:00 2016-06-30 236410283 ISDANER & COMPANY LLC THREE BALA PLAZA SUITE 501 WEST BALA CYNWYD PA 190043484 990 2015-07-01 232798692 LANTERN THEATER COMPANY LANT 2158299002 PO BOX 53428 PHILADELPHIA PA 19105 STACY MARIA DUTTON EXECUTIVE DIRECTOR 2158299002 2017-02-15 1 LEENA RITCHIE CPA P00265669 6106684200 2015 2021-01-29 14:40:06Z STACY MARIA DUTTON PO BOX 53428 PHILADELPHIA PA 19105 1435364 0 X WWW.LANTERNTHEATER.ORG X 1994 PA TO PRODUCE THEATRICAL EXPERIENCES, AUDIENCE ENRICHMENT, AND EDUCATION PROGRAMMING BENEFITTING AUDIENCES THROUGHOUT THE REGION 18 17 74 450 0 0 431742 937274 487490 471989 402 473 3806 6956 923440 1416692 0 0 0 0 710350 826011 0 0 87993 430000 426407 1140350 1252418 -216910 164274 609886 781906 187787 195533 422099 586373 TO PRODUCE THEATRICAL EXPERIENCES, AUDIENCE ENRICHMENT, AND EDUCATION PROGRAMMING THAT BENEFITS AUDIENCES THROUGHOUT THE REGION. 0 0 1000644 433841 DURING THE 2015/16 SEASON, LANTERN THEATER COMPANY ('LTC') PRODUCED FIVE MAINSTAGE PRODUCTIONS THAT CONTINUED ITS COMMITMENT TO CREATING THEATER THAT IS SMART, ENGAGING, AND CONNECTED TO OUR MODERN WORLD. THE SEASON INCLUDED PHOTOGRAPH 51 BY ANNA ZIEGLER, UNDERNEATH THE LINTEL BY GLEN BERGER, OSCAR WILDE: FROM THE DEPTHS BY CHARLES MCMAHON, AS YOU LIKE IT BY WILLIAM SHAKESPEARE, AND 36 VIEWS BY NAOMI IIZUKA. IN EXPLORATION OF THE THEMES RAISED BY THE WORK ONSTAGE, LTC PRODUCED AN INTERACTIVE FULL-DAY FESTIVAL ENTITLED IN WOMEN IN SCIENCE / SCIENCE ONSTAGE IN PARTNERSHIP WITH THE CHEMICAL HERITAGE FOUNDATION AS WELL AS A FOUR-PART IN CONVERSATION SERIES. THIS PROGRAMMING REACHED 18,302 PATRONS THROUGHOUT THE GREATER PHILADELPHIA REGION. 71794 45104 ILLUMINATION, LTC'S AWARD-WINNING EDUCATION PROGRAM, SEEKS TO DEMONSTRATE THE VALUE OF ARTS EDUCATION AND TO PROVIDE INNOVATIVE, ARTS-FOCUSED APPROACHES TO TRADITIONAL NON-ARTS CURRICULUM IN ORDER TO ENHANCE THE VALUE OF EDUCATION IN THE PHILADELPHIA REGION. DURING THE 2015/16 SEASON, 2,991 LOCAL STUDENTS AND ADULTS WERE ENGAGED IN THE WORLD OF THEATER THROUGH IN-SCHOOL RESIDENCIES, DISCOUNT STUDENT MATINEES, TEACHING ARTIST TRAINING FOR AFTER-SCHOOL PROGRAMS, THEATER SCHOOL CLASSES AT THE LANTERN THEATER SCHOOL, AND THE EMPATHY PROJECT, LTC'S ONGOING PARTNERSHIP PROGRAM WITH THE SIDNEY KIMMEL MEDICAL COLLEGE OF THOMAS JEFFERSON UNIVERSITY. 1072438 1 1 0 0 0 0 0 0 0 0 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 52 0 1 74 1 0 0 0 0 0 1 1 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA X X ANNE SHUFF 2158299002 923 LUDLOW STREET PHILADELPHIA PA 19107 EUGENE BISSELL CHAIRMAN 5.00 X X 0 0 0 CHARLES MCMAHON ARTISTIC DIRECTOR 50.00 X X 49046 0 7920 STACY MARIA DUTTON PRESIDENT 10.00 X X 0 0 0 GREGORY KLEIBER VICE PRESIDENT 1.00 X X 0 0 0 DAVID PIERSON TREASURER 1.00 X X 0 0 0 ELLEN ROSEN ROGOFF SECRETARY 1.00 X X 0 0 0 MICHAEL K BROPHY CO-FOUNDER 1.00 X 0 0 0 NICHOLAS D CONSTAN DIRECTOR 1.00 X 0 0 0 JEFFREY COOPER DIRECTOR 1.00 X 0 0 0 BRENDAN P COX DIRECTOR 1.00 X 0 0 0 STEPHEN FIELD DIRECTOR 1.00 X 0 0 0 MELISSA GREENBERG DIRECTOR 1.00 X 0 0 0 BETSY KALISH DIRECTOR 1.00 X 0 0 0 KEVIN KLEINSCHMIDT DIRECTOR 1.00 X 0 0 0 DONNA SAUL MILLEN DIRECTOR 1.00 X 0 0 0 ELIZABETH RENAUD DIRECTOR 1.00 X 0 0 0 JEANNE SIGLER DIRECTOR 1.00 X 0 0 0 REBECCA WILLIAMS DIRECTOR 1.00 X 0 0 0 49046 0 7920 0 0 0 0 0 27243 22036 887995 937274 SUBSCRIPTION SALES 900099 203221 203221 THEATER TICKET SALES 900099 193375 193375 EDUCATION INCOME 900099 45104 45104 HANDLING FEES 900099 26372 26372 CONCESSIONS INCOME 900099 3917 3917 471989 473 473 18672 27243 18672 0 MISC INCOME 900099 6956 6956 6956 1416692 478945 0 473 60550 42384 9083 9083 643345 560587 37292 45466 78661 74858 888 2915 43455 35138 3813 4504 14179 14179 16800 16800 107017 107017 10985 9227 769 989 1757 1476 123 158 42499 36614 4803 1082 170 170 25520 22729 2733 58 14186 11229 1334 1623 EDUCATION AND OUTREACH 71586 71586 PRODUCTIONS EXPENSES 69128 69128 BOX OFFICE AND HOUSE MA 30465 30465 DEVELOPMENT 22115 22115 1252418 1072438 91987 87993 150652 179090 2500 20000 292913 387970 43385 67787 240653 113594 120436 127059 609886 781906 47674 52559 140113 142974 187787 195533 X 108563 147605 313536 438768 422099 586373 609886 781906 164274 0 X X 0 1 X 1 0 X 397126 578186 1025337 451524 955946 3408119 397126 578186 1025337 451524 955946 3408119 1112904 2295215 3015 347 689 402 473 4926 3413045 2187023 0.67250 0.65250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38709 7742 30967 201944 105852 96092 127059 X 1440261 4897 18672 23569 1416692 0 1416692 1275987 4897 18672 23569 1252418 0 1252418 PART X, LINE 2: LANTERN IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, LANTERN RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING LANTERN'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS WAS RECORDED AS OF JUNE 30, 2016 OR 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 18,672. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 18,672. BENEFIT 45915 27243 18672 18672 45915 27243 18672 18672 18672 0 FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT WORKS WITH THE COMPANY'S INDEPENDENT ACCOUNTING FIRM TO REVIEW THE 990 TO ENSURE ACCURACY. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C LANTERN THEATER COMPANY'S CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM ARE DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS EACH FISCAL YEAR. THE NOMINATING AND GOVERNANCE COMMITTEE OVERSEES THIS PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION LEVELS ARE REVIEWED ANNUALLY AND INCREASES ARE EVALUATED BASED ON JOB PERFORMANCE, COST OF LIVING, AND BUDGETARY PARAMETERS. COMPENSATION LEVELS ARE PERIODICALLY COMPARED WITH DATA COMPILED BY LOCAL AND NATIONAL SERVICE ORGANIZATIONS OF WHICH LANTERN THEATER COMPANY IS A CONSTITUENT MEMBER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR.ORG AND UPON REQUEST. FORM 990, PART XII, LINE 2C THE FINANCE & AUDIT COMMITTEE, COMPOSED OF BOARD MEMBERS AND EXECUTIVE STAFF, OVERSEES THE PERIODIC SELECTION OF AN INDEPENDENT AUDITOR AND REVIEWS THE ANNUAL AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.