2024-03-08T13:38:50-06:00 2023-06-30 236410283 ISDANER & COMPANY LLC THREE BALA PLAZA SUITE 501 WEST BALA CYNWYD PA 190043484 990 2022-07-01 232521993 ARDEN THEATRE COMPANY ARDE 2159228900 40 N 2ND STREET PHILADELPHIA PA 19106 AMY L MURPHY MANAGING DIRECTOR 2159228900 2024-03-07 1 AMY MURPHY 999009999 0 EDWARD W DORAN CPA P00841330 6106684200 2024-03-07 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMY L MURPHY 40 N 2ND STREET PHILADELPHIA PA 19106 5789684 0 X WWW.ARDENTHEATRE.ORG X 1988 PA ARDEN THEATRE COMPANY IS DEDICATED TO BRINGING TO LIFE GREAT STORIES BY GREAT STORYTELLERS - ON THE STATE, IN THE CLASSROOM AND IN THE COMMUNITY. 29 27 216 140 0 0 4135399 3404035 991782 2085895 31501 3498 32523 149729 5191205 5643157 0 0 0 0 2618242 2901940 0 0 492107 1784533 2382029 4402775 5283969 788430 359188 14483355 15110106 2370509 2555141 12112846 12554965 X FOUNDED IN 1988, ARDEN THEATRE COMPANY IS A PROFESSIONAL REGIONAL THEATRE COMPANY IN OLD CITY, PHILADELPHIA, DEDICATED TO BRINGING TO LIFE GREAT STORIES BY GREAT STORYTELLERS ON THE STAGE, IN THE CLASSROOM, AND IN THE COMMUNITY. WE HAVE RECEIVED NUMEROUS HONORS INCLUDING: 82 AWARDS AND 433 NOMINATIONS FROM THE BARRYMORE AWARDS FOR EXCELLENCE IN THEATRE; THE PRESTIGIOUS "GREAT FRIEND TO KIDS AWARD" FROM THE PLEASE TOUCH MUSEUM FOR ARDEN CHILDREN'S THEATRE WORK; AND THE "KEYSTONE OF ACCESSIBILITY" BY THE COMMONWEALTH OF PENNSYLVANIA FOR OUR EFFORTS TO MAKE OUR WORK MORE ACCESSIBLE AND INCLUSIVE. 0 0 3847382 2136925 IN OUR MOST RECENTLY COMPLETED 2022/23 SEASON, WE PRESENTED FIVE MAINSTAGE PRODUCTIONS AND TWO CHILDREN'S THEATRE PRODUCTIONS, FOR A TOTAL OF 348 PERFORMANCES PRODUCED, 235 THEATRE PROFESSIONALS EMPLOYED, AND MORE THAN 70,000 THEATREGOERS WELCOMED THROUGH OUR DOORS. OUR MAINSTAGE SEASON FEATURED TENNESSEE WILLIAMS'S THE GLASS MENAGERIE; EVERY BRILLIANT THING, BY DUNCAN MACMILLAN & JONNY DONAHOE; CLYDE'S, BY LYNN NOTTAGE; AUGUST WILSON'S RADIO GOLF; AND THE 25TH ANNUAL PUTNAM COUNTY SPELLING BEE, BY WILLIAM FINN AND RACHEL SHEINKIN. FOR ARDEN CHILDREN'S THEATRE, WE PRODUCED CHARLOTTE'S WEB, ADAPTED BY JOSEPH ROBINETTE FROM THE NOVEL BY E.B. WHITE, AND RED RIDING HOOD, A WILDLY IMAGINATIVE AND HUMOROUS TWO-ACTOR ADAPTATION OF THE CLASSIC FAIRY TALE BY ALLISON GREGORY. BOTH OF THESE PRODUCTIONS WERE POPULAR WITH AUDIENCES OF ALL AGES AND WERE AMONG OUR BEST-SELLING PRODUCTIONS OF THE SEASON-AN INDICATION THAT OUR CHILDREN'S THEATRE WORK IS CONTINUING TO RESONATE AND ATTRACT NEW AUDIENCE MEMBERS TO THE THEATRE. 70091 THROUGH OUR ARTS EDUCATION PROGRAM, ARDEN FOR ALL, WE WERE ABLE TO OFFER FREE TICKETS TO A TOTAL OF 3,409 STUDENTS TO ATTEND ARDEN CHILDREN'S THEATRE PERFORMANCES. ADDITIONALLY, WE SUCCESSFULLY DELIVERED OUR ARDEN FOR ALL RESIDENCY PROGRAMMING TO 1,620 STUDENTS IN 12 AREA SCHOOLS-PROVIDING 709 CLASSROOM LESSONS, DISTRIBUTING 3,313 FREE BOOKS, AND PROVIDING FREE TRANSPORTATION TO AND FROM THEIR SCHOOLS TO THE THEATRE. 1010 29710 ADDITIONALLY, WE WERE ABLE TO OFFER OUR SERIES OF ONE-DAY ARDEN DRAMA SCHOOL WORKSHOPS AND ARDEN SUMMER CAMP PROGRAMMING FOR THE FIRST TIME SINCE THE PANDEMIC, SERVING 215 K-12 STUDENTS. 3918483 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 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 1 144 0 1 216 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NJ X X AMY L MURPHY 2159228900 40 N 2ND STREET PHILADELPHIA PA 19106 AMY L MURPHY MANAGING DIRECTOR 50.00 X 135366 0 29678 TERRENCE J NOLEN PRODUCING ARTISTIC DIRECTOR 50.00 X 154826 0 16670 ROBERT ELFANT PRESIDENT 3.00 X X 0 0 0 RAYENNE CHEN VICE PRESIDENT 3.00 X X 0 0 0 RHONDA BALL VICE PRESIDENT 3.00 X X 0 0 0 MICHAEL A DONATO TREASURER 3.00 X X 0 0 0 RICHARD L MAIMON SECRETARY 3.00 X X 0 0 0 ANNE COOK BOARD MEMBER 3.00 X 0 0 0 JOY L DE JESUS BOARD MEMBER 3.00 X 0 0 0 NANCY ELFANT BOARD MEMBER 3.00 X 0 0 0 ELIZABETH A FERNANDEZ-VINA BOARD MEMBER 3.00 X 0 0 0 ELIZABETH H GEMMILL BOARD MEMBER 3.00 X 0 0 0 PETER HAMILTON BOARD MEMBER 3.00 X 0 0 0 JOANNE HARMELIN BOARD MEMBER 3.00 X 0 0 0 RICHARD HARRIS BOARD MEMBER 3.00 X 0 0 0 VALERIE I HARRISON BOARD MEMBER 3.00 X 0 0 0 ANNE MARIE HORNER BOARD MEMBER 3.00 X 0 0 0 HOLLY KINSER BOARD MEMBER 3.00 X 0 0 0 MICHAEL S MACFARLAND SVP BOARD MEMBER 3.00 X 0 0 0 DR SAIFUDDIN T MAMA BOARD MEMBER 3.00 X 0 0 0 JOHN J MCCAWLEY PE BOARD MEMBER 3.00 X 0 0 0 HON ROSALYN K ROBINSON BOARD MEMBER 3.00 X 0 0 0 CHARLES H ROSE BOARD MEMBER 3.00 X 0 0 0 MONICA ROSENTHAL BOARD MEMBER 3.00 X 0 0 0 GENVIEVE SHIELDS BOARD MEMBER 3.00 X 0 0 0 LEE VAN DE VELDE BOARD MEMBER 3.00 X 0 0 0 STEVE WOLFSON BOARD MEMBER 3.00 X 0 0 0 DIANE DALTO WOOSNAM BOARD MEMBER 3.00 X 0 0 0 ELLEN YIN BOARD MEMBER 3.00 X 0 0 0 290192 0 46348 2 0 1 0 0 7767 5000 3391268 10434 3404035 TICKET AND SUBSCRIPTIO 711110 2049046 2049046 DRAMA SCHOOL TUITION 711110 29710 29710 COSTUME AND PROP RENTA 711110 7139 7139 2085895 82092 82092 5 5 17305 0 17305 17305 17305 20076 20086 78584 -10 -78584 -78594 -78594 6137 7767 9418 -3281 -3281 87879 38439 49440 49440 WRITE OFF OF VOIDED CH 900099 78435 78435 MISCELLANEOUS INCOME 711110 7825 7825 86260 5643157 2238905 0 217 327532 167325 128166 32041 2115045 1659864 216694 238487 23960 20937 996 2027 191670 174594 2363 14713 243733 197237 25478 21018 84720 84720 432971 231105 201866 30437 14379 10705 5353 19060 7624 7624 3812 175015 175015 332124 249093 73067 9964 13294 7968 3728 1598 40091 30068 8820 1203 400001 300001 88000 12000 105603 87651 15840 2112 PRODUCTION COSTS 282006 282006 FUNDRAISING COSTS 133293 133293 DESIGNERS 119254 119254 OUTREACH PROGRAM 77879 70091 3894 3894 136281 124271 1418 10592 5283969 3918483 873379 492107 266682 100808 3866777 3859526 237571 696217 5656 40552 44056 95944 13945739 5012526 8783825 8933213 1185067 1286104 93721 97742 14483355 15110106 299959 372246 885539 1108683 1185011 1074212 2370509 2555141 X 10799633 9978533 1313213 2576432 12112846 12554965 14483355 15110106 359188 82931 0 X X 0 1 X 1 0 X 2557970 2374675 2366253 4131399 3404035 14834332 3295813 2184383 8306 991782 2173774 8654058 5853783 4559058 2374559 5123181 5577809 23488390 1044500 943693 394863 621436 1298274 4302766 0 1044500 943693 394863 621436 1298274 4302766 19185624 112961 116726 229656 34331 99402 593076 112961 116726 229656 34331 99402 593076 16889 20032 295200 111205 86260 529586 5983633 4695816 2899415 5268717 5763471 24611052 0.77960 0.77780 0.02410 0.02300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 525927 1000000 52703 1578630 501106 106200 38621 120000 525927 392566 5000 128034 24494 501106 463958 5000 -25648 50744 392566 455993 6000 19743 17778 463958 1.00000 0 0 702757 702757 2152928 908071 1244857 10003638 3597358 6406280 901632 507097 394535 184784 184784 8933213 X 5781227 82931 13419 41720 138070 5643157 0 5643157 5339108 13419 41720 55139 5283969 0 5283969 PART X, LINE 2: THE THEATRE IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ASC TOPIC 740, INCOME TAXES, THE THEATRE RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING THE THEATRE'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, 2023 OR 2022. IN ADDITION, THE THEATRE QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS NOT BEEN CLASSIFIED AS A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 38,439. SPECIAL EVENTS 3,281. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 38,439. SPECIAL EVENTS 3,281. X X 0 0 0 0 0 0 0 0 0 TERRENCE J NOLEN PRODUCING ARTISTIC DIRECTOR 154826 0 0 0 0 0 2860 0 13810 0 171496 0 0 0 AMY L MURPHY MANAGING DIRECTOR 135366 0 0 0 0 0 2496 0 27182 0 165044 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT ELFANT (PRESIDENT) IS MARRIED TO NANCY ELFANT (BOARD MEMBER). AMY L. MURPHY (MANAGING DIRECTOR) IS MARRIED TO TERRENCE J. NOLEN (PRODUCING ARTISTIC DIRECTOR). FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT, REVIEWED BY THE MANAGING DIRECTOR, FOLLOWED BY THE FINANCE COMMITTEE, AND THEN DISTRIBUTED TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH SEASON ARDEN BOARD MEMBERS ARE REQUIRED TO COMPLETE OUR CONFLICT OF INTEREST POLICY WHICH REQUIRES THAT ALL MEMBERS LIST BUSINESS AND FAMILY AFFILIATIONS AND ASSOCIATIONS. THESE FORMS ARE KEPT ON FILE AND REVIEWED ANNUALLY. SHOULD A TRANSACTION WITH AN AFFILIATED PARTY BECOME A POSSIBILITY, THE RELATED BOARD MEMBER MUST RECUSE HIM OR HERSELF FROM ALL VOTING PERTAINING TO THE RELATED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, THE BOARD INDEPENDENTLY REVIEWS THE COMPENSATION FOR BOTH THE MANAGING DIRECTOR AND THE PRODUCING ARTISTIC DIRECTOR. ADDITIONALLY, EACH OF THESE POSITIONS ARE ELIGIBLE FOR ANNUAL PERFORMANCE REVIEWS BY THE BOARD. ALL STAFF SALARIES ARE COMPARED AGAINST INDUSTRY STANDARDS IN OUR FIELD USING THE THEATRE COMMUNICATIONS GROUP (TCG) ANNUAL SALARY SURVEY. FORM 990, PART VI, SECTION C, LINE 19 ARDEN THEATRE PROVIDES COPIES OF THE THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS PER THE REQUEST OF ANY PERSON OR ORGANIZATION, UPON DEMAND. FORM 990, PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR