2025-02-27T15:42:20-06:00 2024-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-07-01 521289737 ROUND HOUSE THEATRE INC ROUN 2406441099 4545 EAST WEST HIGHWAY BETHESDA MD 20814 ED ZAKRESKI MANAGING DIRECTOR 2406441099 2025-02-27 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2025-03-06 01:10:19Z ED ZAKRESKI 4545 EAST WEST HIGHWAY BETHESDA MD 20814 10970423 0 X WWW.ROUNDHOUSETHEATRE.ORG X 1982 MD ROUND HOUSE IS A THEATRE FOR EVERYONE. 23 23 275 269 0 0 3622047 5578066 2910138 2410170 241791 201898 -11106 -11534 6762870 8178600 0 0 0 0 4773897 4621764 0 0 756890 3284008 3233679 8057905 7855443 -1295035 323157 9383755 10076353 4812361 5372728 4571394 4703625 ROUND HOUSE IS A THEATRE FOR EVERYONE. WE ENRICH OUR COMMUNITY THROUGH BOLD, OUTSTANDING THEATRICAL AND EDUCATIONAL EXPERIENCES THAT INSPIRE EMPATHY AND DEMAND CONVERSATION. 0 0 5572050 1980155 PERFORMANCE: ROUND HOUSE IS ONE OF THE LEADING PROFESSIONAL THEATRES IN THE WASHINGTON, DC METROPOLITAN AREA. WE REGULARLY PRODUCE A SEASON OF NEW PLAYS, MODERN CLASSICS AND MUSICALS AT OUR THEATRE IN BETHESDA. IN THE 2023-2024 SEASON, ROUND HOUSE WELCOMED MORE THAN 65,000 PATRONS AND STUDENTS TO OUR PRODUCTIONS. ROUND HOUSE PRODUCED SIX PLAYS AS PART OF OUR MAINSTAGE SEASON AND PRESENTED FOUR WORKSHOP READINGS OF NEW WORKS. ADDITIONALLY, ROUND HOUSE COMMISSIONED NEW PLAYS FROM THREE ARTISTS AS PART OF OUR EQUAL PLAY INITIATIVE. 649508 430015 EDUCATION: IN 2023-2024 ROUND SERVED MORE THAN 7,000 STUDENTS OF ALL AGES THROUGH VIRTUAL AND LIVE PROGRAMS IN OUR EDUCATION CENTER, OUR BETHESDA THEATRE, AND SCHOOLS THROUGH MONTGOMERY COUNTY. OUR PLAY IT FORWARD INITIATIVE INCLUDES: THE TEEN PERFORMANCE COMPANY - A PROGRAM THAT PROVIDES HIGH SCHOOL STUDENTS WITH TRAINING AND MENTORSHIP BY RHT ARTISTS AND CULMINATES IN THE SARAH METZGER MEMORIAL PLAY, WHICH IS DIRECTED, DESIGNED, AND PERFORMED BY TPC MEMBERS; APPRENTICESHIPS AND INTERNSHIPS; AND FREE PLAY -FREE TICKETS TO ANY STUDENT AGE 13 THROUGH COLLEGE FOR ANY SHOW. ADDITIONAL PROGRAMS INCLUDE: SUMMER CAMP FOR STUDENTS IN GRADES K-12; DAYS OFF! PLAY IN A DAY; CLASSES FOR YOUTH, TEENS, ADULTS, AND SENIORS; AND STUDENT MATINEES. 6221558 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 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 0 0 0 0 1 76 0 1 275 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD VA X TIM CONLEY 2406441419 1 VETERANS PLACE SILVER SPRING MD 20910 JAY HAMMER PRESIDENT 10.00 X X 0 0 0 AMY SELCO VICE PRESIDENT 5.00 X X 0 0 0 LESLIE GRIZZARD TREASURER 5.00 X X 0 0 0 MICHAEL HEINTZ ASSISTANT TREASURER 3.00 X X 0 0 0 JOY LEWIS SECRETARY 5.00 X X 0 0 0 MICHELE JAWANDO ASSISTANT SECRETARY 3.00 X X 0 0 0 DOUGLAS BIBBY TRUSTEE 2.00 X 0 0 0 STEPHANIE DESIBOUR TRUSTEE 2.00 X 0 0 0 MITCHELL DUPLER TRUSTEE 2.00 X 0 0 0 CLARE EVANS TRUSTEE 2.00 X 0 0 0 SUSAN GIBSON TRUSTEE 2.00 X 0 0 0 RAFAEL HERNANDEZ TRUSTEE 2.00 X 0 0 0 DANIEL KAPLAN TRUSTEE 2.00 X 0 0 0 NEIL KERWIN TRUSTEE 2.00 X 0 0 0 NANCY KOPP TRUSTEE 2.00 X 0 0 0 VEENA KUTLER TRUSTEE 2.00 X 0 0 0 KATHLEEN MATTHEWS TRUSTEE 2.00 X 0 0 0 MEKA PARKER TRUSTEE 2.00 X 0 0 0 RUCHI SHARMA TRUSTEE 2.00 X 0 0 0 MARK SHUGOLL TRUSTEE 2.00 X 0 0 0 MICHAEL STEELE TRUSTEE 2.00 X 0 0 0 NINA WEISBROTH TRUSTEE 2.00 X 0 0 0 JUDY ZICKLER TRUSTEE 2.00 X 0 0 0 ED ZAKRESKI MANAGING DIRECTOR 48.00 X 227000 0 38432 RYAN RILETTE ARTISTIC DIRECTOR 48.00 X 227000 0 28341 454000 0 66773 2 0 1 0 0 165800 1447264 3965002 1275627 5578066 TICKET SALES 711110 1829584 1829584 TUITION 611600 430015 430015 CONCESSION SALES 445200 125238 125238 FACILITY RENTAL 531120 25333 25333 2410170 11408 11408 2611400 2420910 190490 190490 190490 339318 165800 370913 -31595 -31595 MISCELLANEOUS 900099 20061 20061 20061 8178600 2410170 0 190364 507680 336421 102513 68746 3373175 2649464 327327 396384 99973 78391 9832 11750 341794 270445 31492 39857 299142 230776 32606 35760 118882 91551 12935 14396 7338 7338 303391 272265 15531 15595 257683 212629 36065 8989 91476 70446 9953 11077 166829 166829 274346 231957 37126 5263 171267 133276 17554 20437 23729 11669 12060 260031 195021 52009 13001 693759 603570 34688 55501 53838 34313 16577 2948 PRODUCTION COSTS 363432 321347 3397 38688 REPAIRS & MAINTENANCE 270453 195044 68203 7206 CREDIT CARD PROC. FEES 102694 65451 31620 5623 CONCESSIONS EXPENSES 30341 19338 9342 1661 44190 31355 8827 4008 7855443 6221558 876995 756890 353824 491164 118043 38445 904820 1754347 67634 19011 172870 217466 11932293 4415050 6724949 7517243 1001987 39628 38677 9383755 10076353 394049 645163 940139 947545 3478173 3780020 4812361 5372728 X 3843187 3318859 728207 1384766 4571394 4703625 9383755 10076353 323157 -190926 0 X 0 1 X 1 0 X 3459572 5496822 4996311 3622047 5578066 23152818 1116849 1116849 1116849 1116849 1116849 5584245 4576421 6613671 6113160 4738896 6694915 28737063 1146945 27590118 19085 17412 37980 25196 11408 111081 17218 33324 22208 5604 20061 98415 28946559 8377096 0.95310 0.94800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 242058 11396 253454 769012 10000 25414 562368 242058 803435 -19924 14499 769012 753267 63437 13269 803435 767774 -2602 11905 753267 0.00000 0.00000 0.00000 0 0 9805017 2662849 7142168 2050076 1675001 375075 77200 77200 0 7517243 9468098 -190926 1116849 370913 1296836 8171262 7338 7338 8178600 9335867 1116849 370913 1487762 7848105 7338 7338 7855443 PART V, LINE 4: ENDOWMENTS FOR ARTISTIC PROGRAMMING; ALL INCOME EARNED (UP TO 6%) ON THE CORPUS AMOUNT IS AVAILABLE FOR OPERATIONS. THE NET INVESTMENT EARNINGS FROM THE THEATRE'S PERMANENTLY RESTRICTED NET ASSETS ARE TO BE USED TO SUPPORT AN ANNUAL HIGH SCHOOL PLAY, ARTISTIC DEVELOPMENT, NEW PLAYS, AND SPECIAL PROGRAMS. DURING THE YEARS ENDED JUNE 30,2024 AND 2023, DONORS RELEASED THEIR ENDOWMENT CONTRIBUTIONS FROM PERPETUAL RESTRICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES REPORTED AS AN EXPENSE ON THE 370,913. AUDITED FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII, LINE 8B. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES REPORTED AS AN EXPENSE ON THE 370,913. AUDITED FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII, LINE 8B. GALA 214757 165800 48957 64998 37950 6715 LONDON TRIP 290361 0 290361 261250 505118 165800 339318 64998 37950 267965 370913 -31595 X X X 0 0 0 0 0 0 0 1 0 ED ZAKRESKI MANAGING DIRECTOR 215000 0 12000 0 0 0 6457 0 31975 0 265432 0 0 0 RYAN RILETTE ARTISTIC DIRECTOR 215000 0 12000 0 0 0 3659 0 24682 0 255341 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUS PAYMENTS IN MARCH 2023: - ED ZAKRESKI $12,000 - RYAN RILETTE $12,000 X 21 1240924 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, SCHEDULE M THE DIFFERENCE BETWEEN FORM 990, PART VIII, LINE 1G AND SCHEDULE M ARE STOCK DONATIONS IN FULFILLMENT OF PRIOR YEAR PLEDGES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE ARTISTIC DIRECTOR, MANAGING DIRECTOR, GENERAL MANAGER, AND FINANCE COMMITTEE. THE FULL BOARD WAS PROVIDED A COPY OF THE RETURN BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD AND EACH EMPLOYEE WHO HAS RESPONSIBILITY PERTAINING TO ACTIONS OR TRANSACTIONS BY ROUND HOUSE THEATRE (RHT) THAT MAY INVOLVE A FINANCIAL INTEREST OR OTHER INTEREST COMPLETES A CONFLICT OF INTEREST AFFIRMATION ("AFFIRMATION") AS CIRCUMSTANCES WARRANT AS DETERMINED BY THE BOARD, BUT NO LESS FREQUENTLY THAN ANNUALLY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL OR OTHER INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE OR OF THE BOARD. DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE OR OF THE BOARD REVIEW EACH INTERESTED PERSON'S AFFIRMATION AND ANY OTHER DISCLOSURES REGARDING THE FINANCIAL INTEREST OR OTHER INTEREST OF THE INTERESTED PERSON. AFTER DISCLOSURE OF THE FINANCIAL OR OTHER INTEREST, THE INTERESTED PERSON LEAVES THE MEETING WHILE THE DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE OR OF THE BOARD DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE OR BOARD DETERMINE WHETHER RHT CAN OBTAIN WITH REASONABLE EFFORT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT PRODUCE A CONFLICT OF INTEREST. IF IT HAS DETERMINED THAT A MORE ADVANTAGEOUS ALTERNATIVE TRANSACTION OR ARRANGEMENT IS NOT REASONABLY FEASIBLE, THE EXECUTIVE COMMITTEE OR BOARD DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF RHT, FOR ITS OWN BENEFIT, AND FAIR AND REASONABLE. BASED ON THESE DETERMINATIONS, THE DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE OR BOARD DECIDE WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE ARTISTIC DIRECTOR AND MANAGING DIRECTOR WAS REVIEWED BY THE BOARD OF DIRECTORS. THE BOARD REVIEWED COMPENSATION AT COMPARABLE ENTITIES. THE DELIBERATION AND DECISION OF THE BOARD WAS DOCUMENTED IN THE MEETING MINUTES. THE LAST COMPENSATION REVIEW TOOK PLACE IN APRIL 2024. THE ARTISTIC DIRECTOR AND MANAGING DIRECTOR, IN CONSULTATION WITH THE BOARD, DETERMINE OTHER STAFF COMPENSATION. 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.