2024-04-10T10:24:29-05:00 2023-07-31 921472936 ADEPTUS ADVISORS LLC 3311 OLNEY SANDY SPRING RD OLNEY MD 208321411 990 2022-08-01 521149571 OLNEY THEATRE CORPORATION INC OLNE 3019244485 2001 OLNEY-SANDY SPRING ROAD OLNEY MD 20832 DEBORAH ELLINGHAUS MANAGING DIRECTOR 3019244485 2024-03-26 1 DEBORAH ELLINGHAUS 999009999 0 NEIL E BERGER P00102223 3019299700 2024-03-26 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEBORAH ELLINGHAUS 2001 OLNEY-SANDY SPRING ROAD OLNEY MD 20832 12899349 0 X WWW.OLNEYTHEATRE.ORG X 1979 MD THE CORPORATION'S OBJECTIVES ARE THE PROMOTION AND PRODUCTION OF THEATRICAL WORKS, THROUGH THE PRESENTATION OF ORIGINAL, CLASSICAL AND EXPERIMENTAL PLAYS IN PUBLIC AND PRIVATE THEATRES AND AUDITORIUMS. 27 25 329 251 0 0 7072110 8501206 2731378 3073209 29267 65993 150349 261140 9983104 11901548 0 0 0 0 5365258 5289580 0 0 383764 2822403 2886130 8187661 8175710 1795443 3725838 19570202 24228068 1315798 2151394 18254404 22076674 X THE CORPORATION'S OBJECTIVES ARE THE PROMOTION AND PRODUCTION OF THEATRICAL WORKS, THROUGH THE PRESENTATION OF ORIGINAL, CLASSICAL AND EXPERIMENTAL PLAY IN PUBLIC AND PRIVATE THEATRES AND AUDITORIUMS. 0 0 5019702 3092007 OLNEY THEATRE PRODUCES LIVE THEATER IN OUR MAINSTAGE THEATER, 1938 ORIGINAL THEATRE, AND MULITZ-GUDELSKY THEATRE LAB ACROSS THREE RUBRICS: CONTEMPORARY, CLASSIC, AND FAMILY. EACH SEASON INCLUDES 7-9 PRODUCTIONS THAT MAKE-UP OUR MEMBERSHIP SERIES AND ARE AVAILABLE FOR SINGLE-TICKET PURCHASE. TITLES INCLUDE WORLD AND REGIONAL PREMIERES AND RE-IMAGINATIONS OF PLAYS AND MUSICALS THAT APPEAL TO A WIDE VARIETY OF INTERESTS. ADDITIONALLY, WE PRESENT THE WORK OF OTHER THEATER COMPANIES AND INDEPENDENT ARTISTS TO ADD TO THE VARIETY OF PROGRAMMING INCLUDING THEATER FOR YOUNG AUDIENCE (TYA) AND A SUMMER CONCERT SERIES ON THE ROOT FAMILY OUTDOOR STAGE. FURTHERMORE, OUR FACILITIES ARE HOST TO MULTIPLE FREE AND LOW-COST COMMUNITY AND ENGAGEMENT ACTIVITIES THROUGHOUT THE YEAR THAT RELATE TO OUR PRODUCTIONS AND PERFORMANCES. 147606 48900 THE NATIONAL PLAYERS, OLNEY THEATRE'S HISTORIC RESIDENT TOURING COMPANY, WAS IN OPERATION FOR HALF OF FY23 BEFORE TAKING A HIATUS DUE TO COVID-19 PANDEMIC IMPACT, LEADERSHIP CHANGE, AND GENERAL SHIFTS IN THE INDUSTRY RELATED TO TOURING. OLNEY THEATRE IS CURRENTLY REIMAGINING NATIONAL PLAYERS AS A MORE REGIONALLY BASED EDUCATION AND COMMUNITY ENGAGEMENT PROGRAM TO BETTER FIT THE NEEDS OF THE INDUSTRY AND REGIONAL COMMUNITY. IN FY23, THE NATIONAL PLAYERS BROUGHT THEIR WORK TO ELEMENTARY, MIDDLE AND HIGH SCHOOLS, AS WELL AS COMMUNITY CENTERS AND OTHER ORGANIZATIONS THAT DREW UNDERSERVED YOUTH AND ADULTS. 237567 44084 A CORE COMPONENT OF OLNEY THEATRE'S MISSION IS TO EDUCATE AND TRAIN THE NEXT GENERATION OF THEATER-MAKERS AND AUDIENCES. WE DO THIS THROUGH:1) THE APPRENTICE TRAINING PROGRAM WHERE 16 EARLY-CAREER THEATER PROFESSIONALS TRAIN ALONGSIDE PROFESSIONAL MENTORS FOR ONE YEAR; 2) THE OTC EDUCATION DEPARTMENT WHERE THREE STAFF MEMBERS AND OTC TEACHING ARTISTS CREATE AND IMPLEMENT OTC EDUCATION INITIATIVES; AND 3) THE ARTS INTEGRATION PROGRAM AND SUMMER CAMPS WHERE KIDS AGES 9-16 PARTICIPATE IN OUT-OF-SCHOOL AND IN-SCHOOL ACTIVITIES THAT CULTIVATE THEIR PERFORMING ARTS INTERESTS, IMPROVE SOCIO-EMOTIONAL HEALTH, AND GROW CREATIVE PROBLEM SOLVING AND COMMUNICATION SKILLS. 351325 0 RENTALS AND SALES OF PROPS/SETS. 351325 0 5756200 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 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 1 0 0 0 1 224 0 1 329 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X FRED T PAUL 3019244485 2001 OLNEY-SANDY SPRING ROAD OLNEY MD 20832 J LOEWITH ARTISTIC DIRECTOR 40.00 1.00 X X 172834 0 13326 D ELLINGHAUS MANAGING DIRECTOR 40.00 1.00 X X 173132 0 11147 S AMES BOARD MEMBER 1.00 1.00 X 0 0 0 B AUDENA BOARD MEMBER 1.00 1.00 X 0 0 0 H DLHOPOLSKY BOARD MEMBER 1.00 1.00 X 0 0 0 B FLEISHMAN BOARD MEMBER 1.00 1.00 X 0 0 0 M GILL BOARD MEMBER 1.00 1.00 X 0 0 0 S GLASSMAN BOARD MEMBER 1.00 1.00 X 0 0 0 S KLEIN BOARD MEMBER 1.00 1.00 X 0 0 0 C LEGGETT BOARD MEMBER 1.00 1.00 X 0 0 0 J MANGER BOARD MEMBER 1.00 1.00 X 0 0 0 R MITCHELL BOARD MEMBER 1.00 1.00 X 0 0 0 K PLOOKSAWASDI BOARD MEMBER 1.00 1.00 X 0 0 0 J ROSE BOARD MEMBER 1.00 1.00 X 0 0 0 T SENKER BOARD MEMBER 1.00 1.00 X 0 0 0 C TERRY BOARD MEMBER 1.00 1.00 X 0 0 0 A URCIOLO BOARD MEMBER 1.00 1.00 X 0 0 0 I WHITE BOARD MEMBER 1.00 1.00 X 0 0 0 E WILEY BOARD MEMBER 1.00 1.00 X 0 0 0 L YODER BOARD MEMBER 1.00 1.00 X 0 0 0 T ZUTIC BOARD MEMBER 1.00 1.00 X 0 0 0 L ROSENZWEIG BOARD CHAIR 1.00 1.00 X X 0 0 0 S FINKELSTEIN BOARD PRESIDENT 1.00 1.00 X X 0 0 0 G BRADFORD VICE PRESIDENT 1.00 1.00 X X 0 0 0 S SCHUPAK VICE PRESIDENT 1.00 1.00 X X 0 0 0 M HABERMAN VICE PRESIDENT 1.00 1.00 X X 0 0 0 C JOHNSON TREASURER 1.00 1.00 X X 0 0 0 345966 0 24473 2 0 1 0 0 2930697 5570509 209659 8501206 SINGLE TICKET 711110 1994458 1994458 SUBSCRIPTIONS 711110 327521 327521 GROUP TICKET SALES 711110 164869 164869 NP PERFORMANCE 711110 42825 42825 543536 543536 3073209 119121 119121 11886 0 11886 11886 11886 816944 200 870272 0 -53328 200 -53128 200 -53328 193100 55428 137672 137672 158946 72101 86845 86845 OTHER INCOME 900099 24737 24737 24737 11901548 3184991 0 215351 396173 280518 92408 23247 4120928 2905445 982271 233212 97216 74069 14583 8564 324347 246356 49413 28578 350916 189522 130268 31126 30500 2426 28074 12088 962 11126 597529 597529 116038 116038 8991 8991 298458 298458 542878 258682 284196 37845 36595 1250 16777 13422 3355 227246 227246 PRODUCTION 682978 682978 TICKETING 169238 169238 PLANNING AND DEVELOPMEN 59037 59037 FINANCE CHARGES 33921 33921 52606 52606 8175710 5756200 2035746 383764 5217978 3158088 1914425 2199030 382728 694365 1170424 1435327 429246 486759 313900 267629 58299 46271 1968434 3084249 8428668 13123979 19570202 24228068 808775 1276252 386062 741071 120961 134071 1315798 2151394 X 12321191 17124140 5933213 4952534 18254404 22076674 19570202 24228068 3725838 96432 0 X X 0 1 X 1 0 X 6491341 6786992 13378243 7072110 8501206 42229892 4767889 3083343 285167 2813481 3256892 14206772 11259230 9870335 13663410 9885591 11758098 56436664 355622 301067 164314 199146 1224179 2244328 0 355622 301067 164314 199146 1224179 2244328 54192336 87397 76574 28628 32813 131007 356419 87397 76574 28628 32813 131007 356419 11346627 9946909 13692038 9918404 11889105 56793083 0.95420 0.97230 0.00630 0.00550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 854648 1000000 90436 16547 1928537 403355 500037 -39785 8959 854648 347796 59207 3648 403355 352200 10028 14432 347796 330000 22200 352200 0.05440 0.94560 0 0 184143 161221 22922 129757 106408 23349 46271 OTHER SECURITIES 1155712 F ENDOWMENT FUND 1928537 F 3084249 INTERCOMPANY RECEIVABLES 13058399 SECURITY BOND 65580 13123979 ADVANCE SALES 134071 134071 X 12146409 96432 20900 127529 244861 11901548 0 11901548 8324139 20900 127529 148429 8175710 0 8175710 PART X, LINE 2: THE THEATRE'S MANAGEMENT EVALUATES TAX POSITIONS AND RECOGNIZES A TAX LIABILITY IF THE THEATRE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE THEATRE'S MANAGEMENT HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED THAT AS OF JULY 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE. THE THEATRE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED FROM STATEMENT OF FUNCTIONAL EXPENSES 55,428. FUNDRAISING EXPENSES RECLASSIFIED FROM STATEMENT OF FUNCTIONAL EXPENSES 72,101. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO STATEMENT OF REVENUE 55,428. COST OF GOODS SOLD RECLASSIFIED TO STATEMENT OF REVENUE 72,101. GALA 193100 193100 55428 193100 193100 55428 55428 137672 X 0 0 0 0 0 0 0 0 0 J LOEWITH ARTISTIC DIRECTOR 172834 0 0 0 0 0 840 0 12486 0 186160 0 0 0 D ELLINGHAUS MANAGING DIRECTOR 173132 0 0 0 0 0 1040 0 10107 0 184279 0 0 0 X 10843 X 7 198816 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE PRESENTED AND REVIEWED BY THE FULL BOARD OF DIRECTORS PRIOR TO APPROVAL AND FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND EMPLOYEES SIGN A CONFLICT DISCLOSURE DOCUMENT UPON SELECTION TO THE BOARD OR HIRING, WHICHEVER IS APPLICABLE. THE ORGANIZATION ADOPTED POLICIES AND PROCEDURES REQUIRING ANNUAL BASIS FOR CONFLICT DISCLOSURE DOCUMENT WITH APPROPRIATE MONITORING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIALS. SUCH COMPENSATION IS REVIEWED AND APPROVED BY THE GOVERNING BODY. COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED AND SITUATED PERSONS IS CONSIDERED. SUCH CONSIDERATIONS ARE DOCUMENTED. COMPENSATION PROCESS FOR OFFICERS. SUCH COMPENSATION IS REVIEWED AND APPROVED BY THE GOVERNING BODY. COMPARABLE COMPENSATION FOR SIMILARY QUALIFIED AND SITUATED PERSONS IS CONSIDERED. SUCH CONSIDERATIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR OLNEY THEATRE CENTER FOR THE ARTS INC 2001 OLNEY-SANDY SPRING ROAD OLNEY MD 20832 536010333 THEATRE MD 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 OLNEY THEATRE CENTER FOR THE ARTS S 4601477 CASH OLNEY THEATRE CENTER FOR THE ARTS O 57210 CASH OLNEY THEATRE CENTER FOR THE ARTS E 4658687 CASH SCHEDULE R, LINE 2E LOAN TO OLNEY THEATRE CENTER FOR THE ARTS, INC.: BALANCE, 8/1/22 - $8,378,812 ADDITIONAL FUNDS LOANED DURING THE FISCAL YEAR - $4,658,687 IN KIND SERVICES - $20,900 BALANCE, 7/31/23 - $13,058,399