Totals
- Total revenue
- $3,483,167
- Total expenses
- $4,062,995
- Contributions and grants received
- $2,321,050
- Grants paid
- $0
- Program service revenue
- $1,140,162
- Investment income
- -$494
- Other revenue
- $22,449
- Total assets, end of year
- $5,884,624
- Total liabilities, end of year
- $4,162,207
- Net assets or fund balances, end of year
- $1,722,417
- Program services expenses (Part IX)
- $2,814,063
- Management and general expenses
- $825,784
- Fundraising expenses
- $423,148
- Program service expenses (Part III)
- $2,814,063
Program services were 69.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$157,111
-
1f · All other contributions, gifts and grants
$2,163,939
-
1g · Noncash contributions included above
$186,907
-
2a · Program service revenue: THEATER RENTAL
total $759,347 · related or exempt $759,347
-
2b · Program service revenue: TICKET SALES
total $224,289 · related or exempt $224,289
-
2c · Program service revenue: CONCESSIONS
total $156,526 · related or exempt $156,526
-
3 · Investment income
total $328 · excluded $328
-
7a · Gross sales of assets other than inventory
securities $1
-
7b · Less cost or other basis and sales expenses
securities $823
-
7c · Gain or loss
securities -$822
-
7d · Net gain or loss
total -$822 · excluded -$822
-
11a · Other revenue: MISCELLANEOUS
total $22,449 · related or exempt $22,449
-
11e · Other revenue, total
$22,449
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $314,507 · program services $192,508 · management and general $66,200 · fundraising $55,799
-
7 · Other salaries and wages
total $1,508,014 · program services $1,349,682 · management and general $43,811 · fundraising $114,521
-
8 · Pension plan contributions
total $12,609 · program services $12,609
-
9 · Other employee benefits
total $66,479 · program services $60,640 · management and general $1,964 · fundraising $3,875
-
10 · Payroll taxes
total $134,760 · program services $112,326 · management and general $8,888 · fundraising $13,546
-
11c · Fees: accounting
total $116,449 · management and general $116,449
-
11d · Fees: lobbying
total $25,000 · fundraising $25,000
-
11g · Fees: other
total $220,853 · program services $13,053 · management and general $23,962 · fundraising $183,838
-
12 · Advertising and promotion
total $157,241 · program services $137,137 · fundraising $20,104
-
13 · Office expenses
total $23,781 · program services $8,157 · management and general $15,355 · fundraising $269
-
14 · Information technology
total $66,355 · program services $29,382 · management and general $36,973
-
16 · Occupancy
total $267,637 · program services $224,696 · management and general $42,941
-
17 · Travel
total $9,996 · program services $3,208 · management and general $5,424 · fundraising $1,364
-
20 · Interest
total $99,846 · management and general $99,846
-
22 · Depreciation, depletion and amortization
total $267,282 · management and general $267,282
-
23 · Insurance
total $99,744 · program services $83,404 · management and general $16,340
-
24a · Other expenses: PRODUCTION EXPENSES
total $356,890 · program services $356,195 · fundraising $695
-
24b · Other expenses: ARTISTIC COSTS
total $93,525 · program services $93,525
-
24c · Other expenses: THEATRE CLEANING
total $64,421 · program services $64,421
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $35,185 · program services $34,574 · management and general $176 · fundraising $435
-
24e · All other expenses
total $122,421 · program services $38,546 · management and general $80,173 · fundraising $3,702
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,052,833 · end of year $152,786
-
2 · Savings and temporary cash investments
beginning of year $1,405 · end of year $304,507
-
3 · Pledges and grants receivable
beginning of year $1,496,542 · end of year $1,188,791
-
4 · Accounts receivable
beginning of year $103,549 · end of year $13,258
-
9 · Prepaid expenses and deferred charges
beginning of year $99,037 · end of year $140,519
-
10a · Land, buildings and equipment: cost or other basis
$6,258,029
-
10b · Land, buildings and equipment: accumulated depreciation
$2,348,152
-
10c · Land, buildings and equipment, net
beginning of year $3,711,917 · end of year $3,909,877
-
11 · Investments: publicly traded securities
beginning of year $2,158
-
15 · Other assets
beginning of year $32,725 · end of year $174,886
-
17 · Accounts payable and accrued expenses
beginning of year $354,092 · end of year $793,659
-
19 · Deferred revenue
beginning of year $217,851 · end of year $196,867
-
22 · Loans and payables to officers and key people
beginning of year $213,000 · end of year $213,000
-
23 · Secured mortgages and notes payable
beginning of year $2,762,788 · end of year $2,747,986
-
24 · Unsecured notes and loans payable
beginning of year $65,000 · end of year $65,000
-
25 · Other liabilities
beginning of year $185,190 · end of year $145,695
-
27 · Net assets without donor restrictions
beginning of year $1,043,954 · end of year $524,689
-
28 · Net assets with donor restrictions
beginning of year $1,658,291 · end of year $1,197,728
Mission and programs · 2023
Mission
PHILADELPHIA THEATRE COMPANY IS A VITAL CIVIC INSTITUTION DEDICATED TO THE CREATION OF EXTRAORDINARY THEATRICAL EXPERIENCES THAT REFLECT THE ESSENTIAL ISSUES AND IDEAS OF OUR TIME, AND WHICH FOSTER CONNECTION, UNDERSTANDING, AND TRANSFORMATION. WE ENGAGE AND STRENGTHEN OUR COMMUNITY THROUGH EXCEPTIONAL PRODUCTIONS OF NEW AND CONTEMPORARY PLAYS AND MUSICALS, INSPIRING EDUCATION PROGRAMS, AND MUTUALLY BENEFICIAL CIVIC PARTNERSHIPS. WE DEVELOP EXCITING NEW WORK THAT RESONATES BOTH LOCALLY AND NATIONALLY, AND UPHOLD A DEEP COMMITMENT TO BE A FULLY INCLUSIVE, WELCOMING HOME FOR THE ARTISTS, AUDIENCES, AND PEOPLE OF PHILADELPHIA.
Activities or mission (Part I)
A VITAL CIVIC INSTITUTION DEDICATED TO THE CREATION OF EXTRAORDINARY THEATRICAL EXPERIENCES.
-
IN THE 2023/24 SEASON, PHILADELPHIA THEATRE COMPANY PRODUCED THREE MAJOR PRODUCTIONS: THE DAZZLING NEW ROCK MUSICAL "MACBETH IN STRIDE" BY TONY-NOMINEE WHITNEY WHITE AND DIRECTED BY PTC'S ARTISTIC DIRECTORS TAIBI MAGAR AND TYLER DOBROWSKY, THE RECENT PULITZER PRIZE-WINNING "COST OF LIVING" DIRECTED BY JEFFREY PAGE, AND THE WORLD PREMIERE OF "THE DUAT" BY ROGER Q. MASON, STARRING PHILADELPHIA LEGEND FRANK X. PTC EMPLOYED OVER 190 THEATRE ARTISTS AND WELCOMED OVER 7,600 PATRONS TO ITS MAINSTAGE PRODUCTIONS. PTC ALSO AWARDED THE BI-ANNUAL TERRENCE MCNALLY AWARD TO A RISING PLAYWRIGHT AND PARTNERED WITH PLAYPENN, FURTHERING ITS MISSION TO DEVELOP NEW WORK.EDUCATION AND ENGAGEMENT PROGRAMS SERVED OVER 1,600 STUDENTS, TEACHERS, AND COMMUNITY MEMBERS THROUGH STUDENT MATINEES, IN-SCHOOL WORKSHOPS, LONG-TERM RESIDENCIES, AND ANCILLARY COMMUNITY ENGAGEMENT PROGRAMMING. INITIATIVES INCLUDED CURATED LOBBY INSTALLATIONS, PRE- AND POST-SHOW TALKBACKS WITH ARTISTS AND COMMUNITY MEMBERS, AND PARTNERSHIPS WITH ORGANIZATIONS INCLUDING THEATRE IN THE X, ART-REACH, THE BLACK THEATRE ALLIANCE OF PHILADELPHIA, BROAD STREET LOVE, AND THEATRE PHILADELPHIA. TO LAUNCH THE SEASON, PTC ALSO WELCOMED LITTLE AMAL, A 12-FOOT-TALL PUPPET REPRESENTING A YOUNG SYRIAN REFUGEE, TO THE AVENUE OF THE ARTS AS PART OF A GLOBAL INITIATIVE CELEBRATING HUMAN RIGHTS, COMPASSION, AND HOPE.PTC'S SUZANNE ROBERTS THEATRE, A FULLY ACCESSIBLE PROSCENIUM VENUE ON THE AVENUE OF THE ARTS, HOSTED 227 DAYS OF PROGRAMMING. THIS INCLUDED PTC PRODUCTIONS, RESIDENCIES, RENTALS, AND COMMUNITY EVENTS, WELCOMING MORE THAN 19,000 PATRONS ACROSS ALL ACTIVITIES.
Expenses $2,814,063 · Revenue $1,162,611
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tyler DobrowskyTYLER DOBROWSKY
CO-ARTISTIC DIRECTOR
- Total calculated
- $95,710
- From this org
- $90,841
- From related orgs
- $0
- Other
- $4,869
- Hours/week
- 40
-
Taibi MagarTAIBI MAGAR
CO-ARTISTIC DIRECTOR
- Total calculated
- $95,626
- From this org
- $90,841
- From related orgs
- $0
- Other
- $4,785
- Hours/week
- 40
-
Emily ZeckEMILY ZECK
MANAGING DIR (THRU 9/17/23)
- Total calculated
- $88,821
- From this org
- $85,109
- From related orgs
- $0
- Other
- $3,712
- Hours/week
- 40
-
Margo MoskowitzMARGO MOSKOWITZ
MANAGING DIRECTOR (EFF 2/1/24)
- Total calculated
- $81,825
- From this org
- $77,322
- From related orgs
- $0
- Other
- $4,503
- Hours/week
- 40
-
Glenn GundersenGLENN GUNDERSEN
CHAIR (EFF 1/1/24)
- Total calculated
- $0
- Hours/week
- 1
-
Vibhat NairVIBHAT NAIR
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
John HanamirianJOHN HANAMIRIAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Donna-Marie PetersDONNA-MARIE PETERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kristin BairKRISTIN BAIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kia BucknerKIA BUCKNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David L ColmanDAVID L COLMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven EngelmyerSTEVEN ENGELMYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sally KatzSALLY KATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daryl MoreyDARYL MOREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Meredith NissenMEREDITH NISSEN
DIRECTOR (EFF 3/27/24)
- Total calculated
- $0
- Hours/week
- 1
-
E Gerald RiesenbachE GERALD RIESENBACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah SchlossbergSARAH SCHLOSSBERG
DIRECTOR (EFF 6/5/24)
- Total calculated
- $0
- Hours/week
- 1
-
Ryan SchraderRYAN SCHRADER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elliot SchwartzELLIOT SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dani TapperDANI TAPPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David TreatmanDAVID TREATMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary Adeutschchair Thru 1223GARY ADEUTSCHCHAIR THRU 1223
DIRECTOR (THRU 6/30/24)
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie B FinemanSTEPHANIE B FINEMAN
DIRECTOR (THRU 12/7/23)
- Total calculated
- $0
- Hours/week
- 1
-
Elliot GriffinELLIOT GRIFFIN
DIRECTOR (THRU 6/18/24)
- Total calculated
- $0
- Hours/week
- 1
-
Regina HairstonREGINA HAIRSTON
DIRECTOR (THRU 1/30/24)
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521969349300902
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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