IVORYTON PLAYHOUSE FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: IVORYTON PLAYHOUSE FOUNDATION INC (EIN 06-1020720)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-07-03
IRS object ID: 201341849349300809
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-07-03T10:02:12-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COSTELLO COMPANY LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	15 WALL ST	AddressLine1
City	HEBRON	City
State	CT	State
ZIP Code	06248	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	061020720	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	IVORYTON PLAYHOUSE FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	IVOR	NameControl
Phone	8607677318	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 458	AddressLine1
City	IVORYTON	City
State	CT	State
ZIP Code	06442	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	NORMAN NEEDLEMAN	Name
Title	TREASURER	Title
Phone	8607677318	Phone
Date Signed	2013-05-30	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CHARLES T COSTELLO CPA	Name
Phone	8602282822	Phone
Date Prepared	2013-05-30	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	NORMAN NEEDLEMAN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 458	AddressLine1
City	IVORYTON	City
State	CT	State
ZIP Code	06442	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1172010	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.IVORYTONPLAYHOUSE.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1978	YearFormation
State Legal Domicile	CT	StateLegalDomicile
Activity Or Mission Description	THE IVORYTON PLAYHOUSE FOUNDATION WAS FORMED FOR THE PURPOSE OF OWNING, RESTORING, AND OPERATING THE PLAYHOUSE, MAINTAINING ITS CULTURAL, EDUCATIONAL, ENTERTAINMENT, AND SERVICE VALUE TO THE COMMUNITY AT LARGE. THE FOUNDATION IS COMMITTED TO PROVIDING EXCEPTIONAL AND AFFORDABLE THEATRE EXPERIENCES OF HIGH PROFESSIONAL QUALITY TO ENRICH, ENLIGHTEN, EDUCATE, AND ENTERTAIN THE DIVERSE AUDIENCE IN THE SHORELINE REGION AND BEYOND. STRONG EDUCATION AND TRAINING PROGRAMS ARE CENTRAL PARTS OF OUR COMMITMENT TO THE LOCAL AND NATIONAL ARTISTIC COMMUNITIES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	28	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	28	NbrIndependentVotingMembers
Total Nbr Employees	87	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	304630	ContributionsGrantsPriorYear
Contributions Grants Current Year	387327	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	835705	ProgramServiceRevenuePriorYear
Program Service Revenue CY	778161	ProgramServiceRevenueCY
Investment Income Prior Year	265	InvestmentIncomePriorYear
Investment Income Current Year	243	InvestmentIncomeCurrentYear
Other Revenue Current Year	6279	OtherRevenueCurrentYear
Total Revenue Prior Year	1140600	TotalRevenuePriorYear
Total Revenue Current Year	1172010	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	178640	SalariesEtcPriorYear
Salaries Etc Current Year	522403	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	6279	TotalFundrsngExpCurrentYear
Other Expense Prior Year	850826	OtherExpensePriorYear
Other Expenses Current Year	586887	OtherExpensesCurrentYear
Total Expenses Prior Year	1029466	TotalExpensesPriorYear
Total Expenses Current Year	1109290	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	111134	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	62720	RevenuesLessExpensesCY
Total Assets BOY	1370727	TotalAssetsBOY
Total Assets EOY	1467797	TotalAssetsEOY
Total Liabilities BOY	326417	TotalLiabilitiesBOY
Total Liabilities EOY	360767	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1044310	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1107030	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE IVORYTON PLAYHOUSE FOUNDATION WAS FORMED FOR THE PURPOSE OF OWNING, RESTORING, AND OPERATING THE PLAYHOUSE, MAINTAINING ITS CULTURAL, EDUCATIONAL, ENTERTAINMENT, AND SERVICE VALUE TO THE COMMUNITY AT LARGE. THE FOUNDATION IS COMMITTED TO PROVIDING EXCEPTIONAL AND AFFORDABLE THEATRE EXPERIENCES OF HIGH PROFESSIONAL QUALITY TO ENRICH, ENLIGHTEN, EDUCATE, AND ENTERTAIN THE DIVERSE AUDIENCE IN THE SHORELINE REGION AND BEYOND. STRONG EDUCATION AND TRAINING PROGRAMS ARE CENTRAL PARTS OF OUR COMMITMENT TO THE LOCAL AND NATIONAL ARTISTIC COMMUNITIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	870582	Expense
Description	RESTORE AND OPERATE THE IVORYTON PLAYHOUSE, MAINTAINING ITS CULTURAL, EDUCATIONAL, ENTERTAINMENT, AND SERVICE VALUE TO THE COMMUNITY AT LARGE. THE FOUNDATION PROVIDES EXCEPTIONAL AND AFFORDABLE THEATER EXPERIENCES OF HIGH PROFESSIONAL QUALITY TO ENRICH, ENLIGHTEN, EDUCATE, AND ENTERTAIN THE DIVERSE AUDIENCE IN THE SHORELINE REGION AND BEYOND.	Description
Total Program Service Expense	870582	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	44	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	87	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	28	NbrVotingGoverningBodyMembers
Number Independent Voting Members	28	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CT	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	CO IVORYTON PLAYHOUSE FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	8607672177	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 458	AddressLine1
City	IVORYTON	City
State	CT	State
ZIP Code	06442	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
MILTON ALLEN
VICE-PRESIDE	X	X	0	0	0
NORMAN NEEDLEMAN
TREASURER	X	X	0	0	0
NORMAN RUTTY
TRUSTEE	X		0	0	0
HARVEY HOBERMAN
TRUSTEE	X		0	0	0
SUZY BURKE
PRESIDENT	X	X	0	0	0
JOSEPH MAURO
TRUSTEE	X		0	0	0
HANK MCINERNEY
TRUSTEE	X		0	0	0
PAULA MERRICK
TRUSTEE	X		0	0	0
SUSAN ORIGLIA
SECRETARY	X	X	0	0	0
JACQUELINE HUBBARD
EXECUTIVE DI	X		0	0	0
BILL CHATMAN
TRUSTEE	X		0	0	0
LAMAR LEMONTE
TRUSTEE	X		0	0	0
CAROL MACELWEE
TRUSTEE	X		0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Membership Dues	67253	MembershipDues
Fundraising Events	5519	FundraisingEvents
Government Grants	146013	GovernmentGrants
All Other Contributions	168542	AllOtherContributions
Total Contributions	387327	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PROGRAM REVENUE	650183	650183
SPONSORSHIPS	55200	55200
PLAYBILL	36560	36560
SPECIAL EVENTS	33413	33413
THEATRE RENTAL FEES	2805	2805

Field	Value	IRS element (for citing)
Total Program Service Revenue	778161	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	243	TotalRevenueColumn
Related Or Exempt Function Income	243	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	6279	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	5519	CntrbtnsRprtdFundraisingEvents

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	6279	TotalRevenueColumn

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1172010	TotalRevenueColumn
Related Or Exempt Function Income	778404	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	479542	Total
Program Services	316769	ProgramServices
Management And General	162773	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	42861	Total
Program Services	28288	ProgramServices
Management And General	14573	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	5100	Total
Management And General	5100	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	69078	Total
Program Services	69078	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	19661	Total
Program Services	7289	ProgramServices
Management And General	6093	ManagementAndGeneral
Fundraising	6279	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	49433	Total
Program Services	40832	ProgramServices
Management And General	8601	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	60	Total
Management And General	60	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	15062	Total
Program Services	15062	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	34489	Total
Program Services	34382	ProgramServices
Management And General	107	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	25621	Total
Program Services	11635	ProgramServices
Management And General	13986	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
SHOW FEES AND OTHER	101293	101293
ROYALTIES	81843	81843
PRODUCTION COSTS	52327	52327
SPECIAL EVENTS EXPENSE	34435	34435

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	98485	Total
Program Services	77349	ProgramServices
Management And General	21136	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1109290	Total
Program Services	870582	ProgramServices
Management And General	232429	ManagementAndGeneral
Fundraising	6279	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	23089	BOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	514644	BOY
EOY	644502	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1415645	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	595323	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	829914	BOY
EOY	820322	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	3080	BOY
EOY	2973	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1370727	BOY
EOY	1467797	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	5011	BOY
EOY	9913	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
EOY	44854	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	313941	BOY
EOY	306000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	7465	BOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	326417	BOY
EOY	360767	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	891892	BOY
EOY	904544	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	152418	BOY
EOY	202486	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1044310	BOY
EOY	1107030	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1370727	BOY
EOY	1467797	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	62720	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	252193	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	147288	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	213256	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	304630	CurrentTaxYearMinus1Year
Current Tax Year	387327	CurrentTaxYear
Total	1304694	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	702732	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	835970	CurrentTaxYearMinus1Year
Current Tax Year	784683	CurrentTaxYear
Total	2323385	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	252193	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	147288	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	915988	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1140600	CurrentTaxYearMinus1Year
Current Tax Year	1172010	CurrentTaxYear
Total	3628079	Total

Field	Value	IRS element (for citing)
Public Support Total509	3628079	PublicSupportTotal509

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	252193	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	147288	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	915988	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1140600	CurrentTaxYearMinus1Year
Current Tax Year	1172010	CurrentTaxYear
Total	3628079	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	1.00000	PublicSupportPercentage509
Prior Year Support Percentage	1.00000	PriorYearSupportPercentage
Investment Income Percentage	0.00000	InvestmentIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	116500	OtherCostOrOtherBasis
Book Value	116500	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1211959	OtherCostOrOtherBasis
Depreciation	533543	Depreciation
Book Value	678416	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	87186	OtherCostOrOtherBasis
Depreciation	61780	Depreciation
Book Value	25406	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	820322	TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt	1172010	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1172010	RevenueSubtotal
Total Revenue Per Form990	1172010	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1109290	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1109290	ExpensesSubtotal
Total Expenses Per Form990	1109290	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THE IVORYTON PLAYHOUSE FOUNDATION WAS FORMED FOR THE PURPOSE OF OWNING, RESTORING, AND OPERATING THE PLAYHOUSE, MAINTAINING ITS CULTURAL, EDUCATIONAL, ENTERTAINMENT, AND SERVICE VALUE TO THE COMMUNITY AT LARGE. THE FOUNDATION IS COMMITTED TO PROVIDING EXCEPTIONAL AND AFFORDABLE THEATRE EXPERIENCES OF HIGH PROFESSIONAL QUALITY TO ENRICH, ENLIGHTEN, EDUCATE, AND ENTERTAIN THE DIVERSE AUDIENCE IN THE SHORELINE REGION AND BEYOND. STRONG EDUCATION AND TRAINING PROGRAMS ARE CENTRAL PARTS OF OUR COMMITMENT TO THE LOCAL AND NATIONAL ARTISTIC COMMUNITIES.
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	MEMBERS OF THE FOUNDATION VOTE ON THE SLATE OF CANDIDATES PRESENTED BY THE BOARD OF DIRECTORS NOMINATING COMMITTEE
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	ALL TRUSTEE MEMBERS RECEIVE A COPY OF THE 990 TAX RETURN FOR REVIEW PRIOR TO FILING. ALL QUESTIONS ARE ADDRESSED AND RESOLVED PRIOR TO FILING THE TAX RETURN.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE FOUNDATION ENFORCES IT'S CONFLICT OF INTEREST POLICY BY REQUIRING, ON AN ANNUAL BASIS, ALL EMPLOYEES, TRUSTEES AND VOLUNTEERS TO READ THE CONFLICT OF INTEREST STATEMENT AND DISCLOSE IF HE/SHE HAS BEEN INVOLVED IN ANY ACTIVITY THAT WAS IN VIOLATION OF THE POLICY.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	ALL COMPENSATION INCREASE PROPOSALS ARE MADE BY THE TREASURER TO THE BOARD OF DIRECTORS. ANY COMPENSATION INCREASES MUST BE APPROVED BY THE BOARD OF DIRECTORS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS ARE AVAILABLE TO THE PULIC UPON REQUEST

IVORYTON PLAYHOUSE FOUNDATION INC: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

Program Service Revenue ProgramServiceRevenue (5 entries)

Investment Income InvestmentIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Total Revenue TotalRevenue

Other Salaries And Wages OtherSalariesAndWages

Payroll Taxes PayrollTaxes

Fees For Services Accounting FeesForServicesAccounting

Advertising Advertising

Office Expenses OfficeExpenses

Occupancy Occupancy

Travel Travel

Interest Interest

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Intangible Assets IntangibleAssets

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Deferred Revenue DeferredRevenue

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Total509 Total509

Total Support Total TotalSupportTotal

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Equipment Equipment

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

Comments