Totals
- Total revenue
- $2,951,902
- Total expenses
- $4,042,977
- Contributions and grants received
- $1,976,710
- Grants paid
- $0
- Program service revenue
- $1,015,862
- Investment income
- -$1,169
- Other revenue
- -$39,501
- Total assets, end of year
- $6,500,166
- Total liabilities, end of year
- $3,797,921
- Net assets or fund balances, end of year
- $2,702,245
- Program services expenses (Part IX)
- $2,772,064
- Management and general expenses
- $942,217
- Fundraising expenses
- $328,696
- Program service expenses (Part III)
- $2,772,064
Program services were 68.6% 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.
-
1c · Fundraising events
$226,365
-
1e · Government grants (contributions)
$230,930
-
1f · All other contributions, gifts and grants
$1,519,415
-
1g · Noncash contributions included above
$250,062
-
2a · Program service revenue: THEATER RENTAL
total $438,315 · related or exempt $438,315
-
2b · Program service revenue: TICKET SALES
total $237,245 · related or exempt $237,245
-
2c · Program service revenue: PERFORMANCE DISRUPTION
total $200,000 · related or exempt $200,000
-
2d · Program service revenue: SUBSCRIPTIONS
total $90,305 · related or exempt $90,305
-
2e · Program service revenue: CONCESSIONS
total $49,997 · related or exempt $49,997
-
3 · Investment income
total $201 · excluded $201
-
5 · Royalties
total $21 · excluded $21
-
7a · Gross sales of assets other than inventory
securities $248,692
-
7b · Less cost or other basis and sales expenses
securities $250,062
-
7c · Gain or loss
securities -$1,370
-
7d · Net gain or loss
total -$1,370 · excluded -$1,370
-
8a · Fundraising events: gross income
$29,515
-
8a · Fundraising events: contributions included on line 1c
$226,365
-
8b · Fundraising events: direct expenses
$72,062
-
8c · Net income from fundraising events
total -$42,547 · excluded -$42,547
-
11a · Other revenue: MISCELLANEOUS
total $3,025 · related or exempt $3,025
-
11e · Other revenue, total
$3,025
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $324,026 · program services $171,647 · management and general $94,311 · fundraising $58,068
-
7 · Other salaries and wages
total $1,662,981 · program services $1,369,356 · management and general $91,649 · fundraising $201,976
-
8 · Pension plan contributions
total $15,634 · program services $15,634
-
9 · Other employee benefits
total $88,367 · program services $79,202 · management and general $4,844 · fundraising $4,321
-
10 · Payroll taxes
total $91,460 · program services $59,964 · management and general $10,142 · fundraising $21,354
-
11b · Fees: legal
total $60,129 · management and general $60,129
-
11c · Fees: accounting
total $107,040 · management and general $107,040
-
11g · Fees: other
total $46,074 · management and general $46,074
-
12 · Advertising and promotion
total $197,274 · program services $170,268 · management and general $300 · fundraising $26,706
-
13 · Office expenses
total $29,428 · program services $6,094 · management and general $18,049 · fundraising $5,285
-
14 · Information technology
total $42,238 · management and general $42,238
-
16 · Occupancy
total $209,565 · program services $179,703 · management and general $29,862
-
17 · Travel
total $12,207 · program services $4,845 · management and general $4,331 · fundraising $3,031
-
19 · Conferences, conventions and meetings
total $25,522 · program services $25,522
-
20 · Interest
total $101,655 · management and general $101,655
-
22 · Depreciation, depletion and amortization
total $269,981 · management and general $269,981
-
23 · Insurance
total $92,329 · program services $77,556 · management and general $14,773
-
24a · Other expenses: PRODUCTION EXPENSES
total $360,011 · program services $358,031 · management and general $1,902 · fundraising $78
-
24b · Other expenses: ARTISTIC COSTS
total $112,514 · program services $112,514
-
24c · Other expenses: THEATRE CLEANING
total $65,638 · program services $65,638
-
24d · Other expenses: COVID-19 SAFETY
total $34,786 · program services $33,654 · management and general $1,132
-
24e · All other expenses
total $94,118 · program services $42,436 · management and general $43,805 · fundraising $7,877
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,490,763 · end of year $1,052,833
-
2 · Savings and temporary cash investments
beginning of year $1,533 · end of year $1,405
-
3 · Pledges and grants receivable
beginning of year $1,896,136 · end of year $1,496,542
-
4 · Accounts receivable
beginning of year $43,514 · end of year $103,549
-
9 · Prepaid expenses and deferred charges
beginning of year $146,101 · end of year $99,037
-
10a · Land, buildings and equipment: cost or other basis
$5,802,175
-
10b · Land, buildings and equipment: accumulated depreciation
$2,090,258
-
10c · Land, buildings and equipment, net
beginning of year $3,915,407 · end of year $3,711,917
-
11 · Investments: publicly traded securities
beginning of year $2,171 · end of year $2,158
-
15 · Other assets
beginning of year $32,725 · end of year $32,725
-
17 · Accounts payable and accrued expenses
beginning of year $376,222 · end of year $354,092
-
19 · Deferred revenue
beginning of year $153,124 · end of year $217,851
-
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 $2,771,106 · end of year $2,762,788
-
24 · Unsecured notes and loans payable
beginning of year $221,565 · end of year $65,000
-
25 · Other liabilities
beginning of year $0 · end of year $185,190
-
27 · Net assets without donor restrictions
beginning of year $1,686,243 · end of year $1,043,954
-
28 · Net assets with donor restrictions
beginning of year $2,107,090 · end of year $1,658,291
Mission and programs · 2022
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.
-
PTC KICKED OFF ITS 2022-23 SEASON WITH THE WORLD PREMIERE OF THE TATTOOED LADY, A NEW MUSICAL BY MAX VERNON AND ERIN COURTNEY, DIRECTED BY ELLIE HEYMAN. THIS LIVELY SHOW CELEBRATES FEMALE EMPOWERMENT AND MARKS PTC'S FIRST COMMISSION SINCE OPENING THE SUZANNE ROBERTS THEATRE IN 2007. THE SEASON CONTINUED WITH THE PREMIERE OF ANA NOGUEIRA'S EMPHATHITRAX, DIRECTED BY NELL BANG-JENSEN AND BROUGHT TO LIFE BY A CAST AND CREATIVE TEAM REPRESENTING THE BEST OF PHILADELPHIA TALENT. EMPHATHITRAX OFFERS A STARK WARNING ABOUT THE DANGERS OF A FICTIONAL PHARMACEUTICAL BREAKTHROUGH, WHICH RESONATED STRONGLY IN THE WAKE OF THE COVID-19 PANDEMIC. THE SEASON CONCLUDED WITH LANIE ROBERTSON'S MODERN CLASSIC LADY DAY AT EMERSON'S BAR & GRILL, DIRECTED BY PTC RESIDENT ARTIST AND BROADWAY VETERAN JEFFREY L. PAGE. AUDIENCES WERE CAPTIVATED BY THIS IMMERSIVE RECREATION OF ONE OF BILLIE HOLIDAY'S FINAL PERFORMANCES, FEATURING PHILADELPHIA VOCALIST LAURIN TALESE IN HER THEATRICAL DEBUT. THIS SEASON ALSO SAW THE ADDITION OF STUDENT MATINEE AND AFFINITY NIGHTS.
Expenses $2,772,064 · Revenue $1,018,887
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Emily ZeckEMILY ZECK
MANAGING DIRECTOR (THRU 9/17/23)
- Total calculated
- $128,195
- From this org
- $123,329
- From related orgs
- $0
- Other
- $4,866
- Hours/week
- 40
-
Gary A DeutschGARY A DEUTSCH
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Vibhat NairVIBHAT NAIR
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Donna-Marie PetersDR DONNA-MARIE PETERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John M HanamirianJOHN M HANAMIRIAN
TREASURER
- 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
-
Tyler DobrowskyTYLER DOBROWSKY
DIRECTOR(CO-ARTISTIC DIR-EFF 9/5/22)
- Total calculated
- $29,133
- From this org
- $27,917
- From related orgs
- $0
- Other
- $1,216
- Hours/week
- 40
-
Steven EngelmyerSTEVEN ENGELMYER
DIRECTOR (EFF 2/1/23)
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie B FinemanSTEPHANIE B FINEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elliot GriffinELLIOT GRIFFIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Glenn GundersonGLENN GUNDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Regina HairstonREGINA HAIRSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sally KatzSALLY KATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Taibi MagarTAIBI MAGAR
DIRECTOR(CO-ARTISTIC DIR-EFF 9/5/22)
- Total calculated
- $29,112
- From this org
- $27,917
- From related orgs
- $0
- Other
- $1,195
- Hours/week
- 40
-
Daryl MoreyDARYL MOREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
E Gerald RiesenbachE GERALD RIESENBACH
DIRECTOR
- 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 (EFF 2/1/23)
- Total calculated
- $0
- Hours/week
- 1
-
David TreatmanDAVID TREATMAN
DIRECTOR (EFF 2/1/23)
- Total calculated
- $0
- Hours/week
- 1
-
Daphne KlausnerDAPHNE KLAUSNER
DIRECTOR (THRU 2/7/23)
- Total calculated
- $0
- Hours/week
- 1
-
John Kuester IIIJOHN KUESTER III
DIRECTOR (THRU 8/31/23)
- Total calculated
- $0
- Hours/week
- 1
-
Stephen J McConnellSTEPHEN J MCCONNELL
DIRECTOR (THRU 3/15/23)
- Total calculated
- $0
- Hours/week
- 1
-
Judy SpiresJUDY SPIRES
DIRECTOR (THRU 6/25/23)
- 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
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421979349301972
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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