2025-05-13T15:35:58-05:00 2024-06-30 236410283 ISDANER & COMPANY LLC ONE BALA PLAZA SUITE 502 BALA CYNWYD PA 19004 990 2023-07-01 232521993 ARDEN THEATRE COMPANY ARDE 2159228900 40 N 2ND STREET PHILADELPHIA PA 19106 AMY L MURPHY MANAGING DIRECTOR 2159228900 2025-05-12 1 0 EDWARD W DORAN CPA P00841330 6106684200 2025-05-12 2023 2025-03-06 01:10:19Z AMY L MURPHY 40 N 2ND STREET PHILADELPHIA PA 19106 6695194 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. 30 28 250 205 0 0 3404035 3440323 2085895 2845432 3498 163255 149729 107910 5643157 6556920 0 0 0 0 2901940 3417370 0 0 534517 2382029 2622657 5283969 6040027 359188 516893 15110106 15747192 2555141 2513116 12554965 13234076 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: 89 AWARDS AND 455 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 4501122 2589604 IN OUR MOST RECENTLY COMPLETED 2023/24 SEASON, WE PRESENTED FIVE MAINSTAGE PRODUCTIONS AND TWO CHILDREN'S THEATRE PRODUCTIONS, FOR A TOTAL OF 376 PERFORMANCES PRODUCED, 223 THEATRE PROFESSIONALS EMPLOYED, AND MORE THAN 86,686 THEATREGOERS WELCOMED THROUGH OUR DOORS. OUR MAINSTAGE SEASON FEATURED STEPHEN SONDHEIM'S ASSASSINS; WHAT THE CONSTITUTION MEANS TO ME, BY HEIDI SCHRECK; THE WORLD PREMIERE OF LOCAL PLAYWRIGHT LORENE CARY'S LADYSITTING; THE LEHMAN TRILOGY; AND ONCE ON THIS ISLAND. OF PARTICULAR NOTE, THIS PRODUCTION WON 7 BARRYMORE AWARDS INCLUDING OUTSTANDING OVERALL PRODUCTION OF A MUSICAL AND OUTSTANDING DIRECTION AND SUPPORTING PERFORMANCE FOR LOCAL PHILLY ARTISTS AMINA ROBINSON AND JESSICA JOHNSON RESPECTIVELY. FOR ARDEN CHILDREN'S THEATRE, WE PRODUCED ROALD DAHL'S THE BFG (BIG FRIENDLY GIANT); AND THE CLASSIC STORY, PINOCCHIO. 73125 IN ALIGNMENT WITH OUR GOAL OF MAKING ARTS EDUCATION ACCESSIBLE, WE CONTINUED ARDEN FOR ALL PROGRAMMING IN 11 LOCAL SCHOOLS, BENEFITING 3,739 UNIQUE STUDENTS-1,683 THROUGH AFA RESIDENCY (IN-SCHOOL) AND 2,056 THROUGH AFA STAGE (TICKET ACCESS), AND DISTRIBUTING 3,945 SHOW-RELATED BOOKS. 4699 267739 OUR ARDEN DRAMA SCHOOL (ADS) WELCOMED 2,299 STUDENTS TO ADS AND ARDEN SUMMER CAMP COMBINED DURING THE 2023/24 SEASON, DISTRIBUTED OVER $17K IN SCHOLARSHIPS TO 45 STUDENTS.ALONGSIDE OUR YOUTH EDUCATION PROGRAMS, WE CONTINUED TO INVEST IN THE ARDEN PROFESSIONAL APPRENTICES PROGRAM, WITH FOUR FUTURE THEATRE LEADERS MATRICULATING THROUGH THE SEASON-LONG APPRENTICESHIP PROGRAM. 4578946 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 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 60 0 1 250 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 28 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 127207 0 30345 TERRENCE J NOLEN PRODUCING ARTISTIC DIRECTO 50.00 X 145557 0 17651 MICHAEL A DONATO 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 S MACFARLAND SVP TREASURER 3.00 X X 0 0 0 RICHARD L MAIMON SECRETARY 3.00 X X 0 0 0 KELLY COLARELLI BOARD MEMBER 3.00 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 ROBERT ELFANT 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 JENNIFER 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 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 272764 0 47996 2 0 1 0 0 118616 135560 3186147 46516 3440323 TICKET AND SUBSCRIPTIO 711110 2571746 2571746 DRAMA SCHOOL TUITION 711110 267739 267739 COSTUME AND PROP RENTA 711110 5947 5947 2845432 163127 163127 44387 0 44387 44387 44387 44928 44800 128 128 128 44346 118616 54484 -10138 -10138 100740 38990 61750 61750 SPONSORSHIPS (NEG COMM 711110 11700 11700 MISCELLANEOUS INCOME 711110 211 211 11911 6556920 2963480 0 153117 342607 174732 134300 33575 2533117 2017142 251023 264952 34935 30541 1761 2633 214390 197889 2104 14397 292321 241413 28135 22773 84524 84524 553014 346312 206702 31901 16201 10466 5234 24808 9923 9923 4962 226747 226747 326335 242828 73486 10021 11065 6726 3037 1302 51869 39485 10898 1486 416445 312002 91910 12533 113395 94118 17009 2268 PRODUCTION COSTS 295838 295838 FUNDRAISING COSTS 145944 145944 DESIGNERS 122853 122853 CREDIT CARD FEES 94967 85470 9497 122952 118726 1286 2940 6040027 4578946 926564 534517 100808 212668 3859526 3133150 696217 1565361 40552 9907 95944 154411 14434206 5427556 8933213 9006650 1286104 1568557 97742 96488 15110106 15747192 372246 365305 1108683 1102107 1074212 1045704 2555141 2513116 X 9978533 11092145 2576432 2141931 12554965 13234076 15110106 15747192 516893 162218 0 X X 0 1 X 1 0 X 2374675 2366253 4131399 3404035 3440323 15716685 2184383 8306 991782 2173774 2946172 8304417 4559058 2374559 5123181 5577809 6386495 24021102 943693 394863 621436 1298274 2020133 5278399 0 943693 394863 621436 1298274 2020133 5278399 18742703 116726 229656 34331 99402 207514 687629 116726 229656 34331 99402 207514 687629 20032 295200 111205 86260 11911 524608 4695816 2899415 5268717 5763471 6605920 25233339 0.74280 0.77960 0.02730 0.02410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1578630 120621 1054544 644707 525927 1000000 52703 1578630 501106 106200 38621 120000 525927 392566 5000 128034 24494 501106 463958 5000 -25648 50744 392566 1.00000 0 0 702757 702757 2152928 963274 1189654 10614361 3879860 6734501 964160 584422 379738 9006650 X 6864385 162218 67427 77820 307465 6556920 0 6556920 6185274 67427 77820 145247 6040027 0 6040027 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 38,990. SPECIAL EVENTS 38,830. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 38,990. SPECIAL EVENTS 38,830. GARDEN PARTY 138592 109900 28692 38830 AUCTION 24370 8716 15654 15654 162962 118616 44346 54484 54484 -10138 X X 0 0 0 0 0 0 0 0 0 TERRENCE J NOLEN PRODUCING ARTISTIC DIRECTO 145557 0 0 0 0 0 3093 0 14558 0 163208 0 0 0 AMY L MURPHY MANAGING DIRECTOR 127207 0 0 0 0 0 2699 0 27646 0 157552 0 0 0 X 5 30862 STOCK MARKET VALUE X AUCTION ITEMS 71 15654 COST 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT ELFANT (BOARD MEMBER) 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