2024-05-08T15:23:17-05:00 2023-06-30 390859910 BAKER TILLY US LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2022-07-01 042664784 MERRIMACK REPERTORY THEATRE INC MERR 9786544678 132 WARREN STREET LOWELL MA 01852 COURTNEY SALE EXECUTIVE ARTISTIC DIRECTOR 9786547550 2024-05-02 1 COURTNEY SALE 999009999 1 MATTHEW KALIL CPA MBA P01517069 9785575300 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z COURTNEY SALE 132 WARREN STREET LOWELL MA 01852 1936962 0 X MRT.ORG X 1979 MA TO CREATE REMARKABLE NEW AND CONTEMPORARY PLAYS THAT BRING JOY TO OUR ART FORM WHILE ENGAGING, ENTERTAINING AND ENRICHING OUR COMMUNITY. 18 18 122 50 0 0 2246064 1319882 467811 595912 2389 13064 0 0 2716264 1928858 0 0 0 0 1474829 1433305 0 0 152254 879073 969444 2353902 2402749 362362 -473891 2527630 2237025 748049 928771 1779581 1308254 TO CREATE REMARKABLE NEW AND CONTEMPORARY PLAYS THAT BRING JOY TO OUR ART FORM WHILE ENGAGING, ENTERTAINING AND ENRICHING OUR COMMUNITY. 0 0 1813534 595912 DURING FISCAL YEAR 2023, THE THEATRE OFFERED A FIVE-SHOW SUBSCRIPTION SERIES, A NEW PLAY DEVELOPMENT WORKSHOP FOR "THE PORCH ON WINDY HILL AND RAN ITS YOUNG COMPANY SUMMER PROGRAM. 1813534 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 122 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 9786544678 132 WARREN STREET LOWELL MA 01852 ADAM BAACKE TRUSTEE 1.00 X 0 0 0 JUDITH K BENSON TRUSTEE 1.00 X 0 0 0 ANTON CHERNOFF TRUSTEE 1.00 X 0 0 0 MICHAEL G CONWAY TRUSTEE 1.00 X 0 0 0 KAREN HARTMAN TRUSTEE 1.00 X 0 0 0 BOPHA MALONE TRUSTEE (SINCE MAR '23) 1.00 X 0 0 0 TERRY T HOWARD TRUSTEE 1.00 X 0 0 0 JACK MOYNIHAN TRUSTEE 1.00 X 0 0 0 STEPHEN IRISH TRUSTEE 1.00 X 0 0 0 ALYCE MOORE TRUSTEE 1.00 X 0 0 0 JEFF WILSON TRUSTEE (SINCE MAR '23) 1.00 X 0 0 0 SUSAN MITCHELL TRUSTEE 1.00 X 0 0 0 NANCY L DONAHUE CHAIR 1.00 X X 0 0 0 JOANNE YESTRAMSKI PAST PRESIDENT 1.00 X X 0 0 0 KATE REID PRESIDENT 1.00 X X 0 0 0 TIM GREENWOOD VICE PRESIDENT 1.00 X X 0 0 0 GEORGE VILLARAS TREASURER 1.00 X X 0 0 0 EVAN SCHAPIRO SECRETARY 1.00 X X 0 0 0 BONNIE J BUTKAS EXECUTIVE DIR. (UNTIL OCT '22) 40.00 X 155668 0 22 EDGAR A CYRUS JR DIRECTOR OF FINANCE 40.00 X 71955 0 6903 COURTNEY SALE EXECUTIVE ARTISTIC DIRECTOR 40.00 X 140813 0 6593 368436 0 13518 2 0 1 0 0 112862 232387 974633 1319882 SUBSCRIPTION SALES 711190 295636 295636 OTHER TICKET SALES 711190 156440 156440 OTHER EARNED REVENUE 711190 94665 94665 CONCESSIONS, ADVERTISE 711190 44696 44696 EDUCATION REVENUE 711190 4475 4475 595912 13064 13064 8104 112862 8104 0 1928858 595912 0 13064 331716 164281 167435 905469 806085 99384 99675 85157 5866 8652 96445 77835 11355 7255 71101 71101 26594 26594 167912 167912 162810 31871 96868 34071 21652 21652 165844 106949 58895 126572 108509 17648 415 37605 28389 7226 1990 PRODUCTION COSTS 165718 165718 BANK AND CREDIT CARD FE 14296 14296 CONSESSIONS AND GIFT SH 8286 8286 FILING FEES 567 567 487 487 2402749 1813534 436961 152254 98761 60154 82158 81014 334952 196269 331237 330337 97624 74916 2624333 1236262 1483219 1388071 99679 106264 2527630 2237025 452005 150846 296044 277925 0 500000 748049 928771 X 1472703 1086011 306878 222243 1779581 1308254 2527630 2237025 X -473891 2564 X X 0 1 X 1 0 X 1698770 1505785 1398378 2246064 1319882 8168879 1698770 1505785 1398378 2246064 1319882 8168879 1383387 6785492 706 2907 2624 2389 13064 21690 8190569 3459328 0.82850 0.77840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 99679 11839 5254 106264 121184 -16329 5176 99679 100400 25629 4845 121184 97948 7201 4749 100400 96821 5850 4723 97948 0.89300 0.10700 0 0 992811 510191 482620 1012956 262711 750245 562148 400293 161855 56418 63067 -6649 1388071 X 1931422 2564 2564 1928858 0 1928858 2402749 0 2402749 0 2402749 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF JUNE 30, 2023, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF JUNE 30, 2023. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ASSETS HELD BY GREATER LOWELL COMMUNITY FOUNDATION 12,659. INTEREST EXPENSE -10,095. AUCTION/GALA 120966 112862 8104 8104 120966 112862 8104 8104 8104 0 X X 1 0 0 0 0 0 0 0 0 BONNIE J BUTKAS EXECUTIVE DIR. (UNTIL OCT '22) 120193 0 0 0 35475 0 0 0 22 0 155690 0 0 0 PART I, LINE 4A BONNIE J. BUTKAS, EXECUTIVE DIRECTOR, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $35,475 UPON TERMINATION FROM THE ORGANIZATION DURING THE FISCAL YEAR. SUSAN MITCHELL AND JAMES WALDO SUSAN IS A MEMBER OF THE BOARD OF DIRECTORS TO ASSIST THE ORGANIZATION WITH OPERATIONS X 500000 500000 0 1 1 500000 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND APPROVES THE DRAFT OF THE FORM 990. THE FORM 990 IS THEM PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 NO TRUSTEES/DIRECTORS, OR BOARD OFFICERS ARE COMPENSATED. THE COMPENSATION OF EXECUTIVES WAS AGREED BY THE BOARD AND ESTABLISHED AFTER REVIEW OF EQUIVALENT POSITIONS IN THE AREA AND NEGOTIATION WITH THE EXECUTIVE. COMPENSATION FOR OTHER EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY COMPARISON WITH RESULTS OF A THEATRE COMMUNICATIONS GROUP SALARY SURVEY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ASSETS HELD BY GREATER LOWELL COMMUNITY FOUNDATION 12,659. INTEREST EXPENSE -10,095. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.