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Nonprofiteer
← PLAYHOUSE SQUARE DEVELOPMENT CORPORATION

Form 990 for tax year 2023

Filed by PLAYHOUSE SQUARE DEVELOPMENT CORPORATION.

Totals

Total revenue
$0
Total expenses
$486,367
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$674,251
Total liabilities, end of year
$15,591,019
Net assets or fund balances, end of year
-$14,916,768
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • Patricia Gaul

    Treasurer

    Total calculated
    $619,569
    From this org
    $0
    From related orgs
    $584,180
    Other
    $35,389
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $498,180 related
    Bonus
    $0 + $86,000 related
    Other
    $0
    Deferred
    $0 + $24,750 related
    Nontaxable benefits
    $0 + $10,639 related
    Filer's total
    $0 + $619,569 related

  • Art J Falco

    President

    Total calculated
    $189,687
    From this org
    $0
    From related orgs
    $175,909
    Other
    $13,778
    Hours/week
    5 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,909 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,103 related
    Nontaxable benefits
    $0 + $675 related
    Filer's total
    $0 + $189,687 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Part I, Line 3
Compensation is determined by Playhouse Square Foundation, a related organization. The following methods were used: - Compensation committee - Form 990 of other organizations - Compensation survey or study - Approval by the board or compensation committee

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Playhouse Square Hotel Limited Partnership

    Related · Hotel Operations · OH · 99% owned · share of income $9,729,470 · share of assets $12,659,676 · general or managing partner

    Directly controlled by Playhouse Square Development Corp

Provenance

Return type
form_990
Tax year
2023
Filed
2 April 2025
IRS schema version
2023v6.0
Source object
202540989349301824

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