Skip to content
Nonprofiteer
← THE PRODUCERS CLUB OF MARYLAND INC

Form 990 for tax year 2024

Filed by THE PRODUCERS CLUB OF MARYLAND INC.

Totals

Total revenue
$1,617,833
Total expenses
$1,636,998
Contributions and grants received
$1,490,502
Grants paid
$21,300
Program service revenue
$83,522
Investment income
$43,809
Other revenue
$0
Total assets, end of year
$19,056,053
Total liabilities, end of year
$2,716,750
Net assets or fund balances, end of year
$16,339,303
Program services expenses (Part IX)
$1,298,047
Management and general expenses
$289,087
Fundraising expenses
$49,864
Program service expenses (Part III)
$1,298,047

Program services were 79.3% 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)

    $220,105

  • 1f · All other contributions, gifts and grants

    $1,270,397

  • 2a · Program service revenue: PARKWAY THEATRE

    total $173,953 · related or exempt $173,953

  • 2b · Program service revenue: THEATRE & FEST. OPER.

    total $150,816 · related or exempt $150,816

  • 2c · Program service revenue: LEVERAGE LOAN INTEREST

    total $109,760 · related or exempt $109,760

  • 2d · Program service revenue: PARKWAY THEATRE, LLC

    total -$351,007 · related or exempt -$351,007

  • 3 · Investment income

    total $43,809 · excluded $43,809

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $21,300 · program services $21,300

  • 7 · Other salaries and wages

    total $161,139 · program services $73,793 · management and general $65,575 · fundraising $21,771

  • 9 · Other employee benefits

    total $9,400 · program services $4,305 · management and general $3,825 · fundraising $1,270

  • 10 · Payroll taxes

    total $6,169 · program services $2,825 · management and general $2,511 · fundraising $833

  • 11a · Fees: management

    total $346,200 · program services $257,340 · management and general $85,398 · fundraising $3,462

  • 11b · Fees: legal

    total $13,413 · management and general $13,413

  • 11c · Fees: accounting

    total $89,359 · program services $54,642 · management and general $34,717

  • 11g · Fees: other

    total $11,521 · program services $11,521

  • 12 · Advertising and promotion

    total $45,672 · program services $25,578 · management and general $5,803 · fundraising $14,291

  • 14 · Information technology

    total $29,956 · program services $4,588 · management and general $17,131 · fundraising $8,237

  • 16 · Occupancy

    total $269,722 · program services $269,722

  • 17 · Travel

    total $34,001 · program services $32,407 · management and general $1,594

  • 20 · Interest

    total $105,674 · program services $105,674

  • 22 · Depreciation, depletion and amortization

    total $123,633 · program services $123,633

  • 23 · Insurance

    total $49,645 · management and general $49,645

  • 24a · Other expenses: GUEST AND STAFF COSTS

    total $201,034 · program services $201,034

  • 24b · Other expenses: CONSESSIONS

    total $34,943 · program services $34,943

  • 24c · Other expenses: VENUE RENTAL AND PREPAR

    total $31,412 · program services $31,412

  • 24d · Other expenses: SPECIAL EVENTS

    total $20,567 · program services $20,567

  • 24e · All other expenses

    total $32,238 · program services $22,763 · management and general $9,475

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,173,694 · end of year $1,804,271

  • 3 · Pledges and grants receivable

    beginning of year $112,726 · end of year $1,097,137

  • 4 · Accounts receivable

    beginning of year $1,353,671 · end of year $1,306,638

  • 7 · Other notes and loans receivable

    beginning of year $9,754,400 · end of year $9,754,400

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,147 · end of year $34,931

  • 10a · Land, buildings and equipment: cost or other basis

    $1,522,346

  • 10b · Land, buildings and equipment: accumulated depreciation

    $889,270

  • 10c · Land, buildings and equipment, net

    beginning of year $756,709 · end of year $633,076

  • 13 · Investments: program-related

    beginning of year $4,359,584 · end of year $4,420,573

  • 15 · Other assets

    beginning of year $7,636 · end of year $5,027

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,415 · end of year $59,863

  • 19 · Deferred revenue

    beginning of year $5,000

  • 23 · Secured mortgages and notes payable

    beginning of year $1,738,897 · end of year $1,738,897

  • 25 · Other liabilities

    beginning of year $751,794 · end of year $917,990

  • 27 · Net assets without donor restrictions

    beginning of year $15,626,353 · end of year $15,626,354

  • 28 · Net assets with donor restrictions

    beginning of year $381,108 · end of year $712,949

Mission and programs · 2024

Mission

SEE SCHEDULE OTHE MISSION OF THE CORPORATION IS TO BRING FILMS, FILMMAKERS, AND AUDIENCES TOGETHER IN A FRIENDLY, INCLUSIVE ATMOSPHERE THAT REFLECTS THE UNIQUE ASPECTS OF OUR COMMUNITY, WHILE PARTICIPATING IN AND ADDING TO THE LARGER FILM DIALOGUE ACROSS THE COUNTRY AND ACROSS THE WORLD, FILM FOR EVERYONE.

Activities or mission (Part I)

SEE SCHEDULE O.

  • IN 2017, THE CORPORATION GREW FROM A FIVE-DAY FILM FESTIVAL INTO THE OWNER AND OPERATOR OF A THREESCREEN, YEAR-ROUND MOVIE THEATER COMPLEX, THE STAVROS NIARCHOS FOUNDATION PARKWAY, LEADING AN EFFORT TO TRANSFORM THE ROLE OF FILM AND FILM CULTURE IN MARYLAND. BALTIMORE'S NEWEST CULTURAL HUB, THE SNF PARKWAY THEATRE PROVIDES YEAR-ROUND FILM, DIGITAL VIDEO, EDUCATIONAL OFFERINGS, COMMUNITY INITIATIVES, SPECIAL EVENTS, AND LIVE MUSIC CONCERTS IN STATION NORTH ARTS & ENTERTAINMENT DISTRICT, THE GEOGRAPHIC CENTER OF BALTIMORE CITY. THE ORGANIZATION HAS ALSO PARTNERED WITH THE JOHNS HOPKINS UNIVERSITY AND MARYLAND INSTITUTE COLLEGE OF ART ("MICA") JOINT GRADUATE FILM AND MEDIA STUDIES PROGRAM TO USE THE SPACE AS BOTH A CLASSROOM, SCREENING, AND EDUCATION SPACE, OFFERING THE COMMUNITY ACCESS TO AN EDUCATIONAL COMPONENT TO THE ORGANIZATION'S FILM OFFERINGS. THE WORLD-WIDE SPREAD OF A NOVEL CORONAVIRUS ("COVID-19") AND RELATED VARIANTS IN 2020 AND 2021 DRAMATICALLY ALTERED THE CORPORATION'S ACTIVITIES. STATE OF MARYLAND AND BALTIMORE CITY COVID-19 EXECUTIVE ORDERS FORCED THE CORPORATION TO CLOSE ITS FLAGSHIP PARKWAY THEATRE ON MARCH 13, 2020, AND THE THEATRE REMAINED CLOSED TO THE PUBLIC UNTIL AUGUST 2021 DUE TO THE ENDURING PANDEMIC. TO CONTINUE TO SERVE AUDIENCES AND THE COMMUNITY WITH MEMORABLE FILM AND CULTURAL EXPERIENCES, MANAGEMENT QUICKLY PIVOTED TO DEVELOP AND LAUNCH ONE OF THE FIRST VIRTUAL MOVIE THEATER AND LIVESTREAM PLATFORMS IN THE UNITED STATES IN APRIL 2020 AND TRANSITIONED ITS SIGNATURE PROGRAM, THE MARYLAND FILM FESTIVAL, ONLINE FOR BOTH 2021 AND 2022. THE ENDURING COVID-19 PANDEMIC CREATED NEW CHALLENGES FOR THE FILM FESTIVAL AS IT DID FOR COUNTLESS OTHER ARTS ORGANIZATIONS. THE FILM INDUSTRY EXPERIENCED DRAMATIC CHANGES, AND FILMGOERS' HABITS CHANGED AND CONTINUE TO EVOLVE. THE ORGANIZATION WAS EXCITED ABOUT THE PROMISE OF AUDIENCES RETURNING WHEN THE PARKWAY THEATRE REOPENED IN AUGUST 2021, BUT ATTENDANCE AT THE ANNUAL FESTIVAL, SCREENINGS AND EVENTS HAS NOT RETURNED TO PRE-PANDEMIC LEVELS. GIVEN THESE CONTINUING CHALLENGES, THE MARYLAND FILM FESTIVAL BOARD OF DIRECTORS MADE THE DIFFICULT DECISION TO SCALE BACK THE ORGANIZATION'S OPERATIONS AND PAUSE SCREENINGS, PROGRAMS, AND EVENTS. WITH PUBLIC EVENTS PAUSED, THE MARYLAND FILM FESTIVAL HAS PRIORITIZED AND UNDERTAKEN A RE-ENVISIONING PROCESS TO DEVELOP A NEW BUSINESS MODEL AND PLAN THAT WILL CHART THE FUTURE TRAJECTORY OF THE ORGANIZATION,INCLUDING THE ANNUAL FILM FESTIVAL, AND THE OPERATIONS OF THE PARKWAY THEATRE. THE 2023 FILM FESTIVAL WAS POSTPONED, AND THE BOARD HAS COMMITTED TO MOUNTING A MEMORABLE 25TH ANNIVERSARY FESTIVAL IN THE SPRING OF 2024. THE CORPORATION'S GOAL IS TO ENSURE THAT THE ORGANIZATION REMAINS A VITAL COMMUNITY ASSET FOR MANY YEARS TO COME.

    Expenses $1,298,047 · Grants $21,300 · Revenue $83,522

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jed Dietz

    DIRECTOR (FOUNDER) - OUTGOING

    Total calculated
    $0
    Hours/week
    0.25

  • Gordon Glenn Outgoing

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    2

  • Scot Spencer

    CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Gwen Davidson

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0.5

  • Paula Rome

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0.25

  • Michael Mandel

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    2

  • John Cardellino

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0.5

  • Ronald J Daniels

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Camille Blake Fall

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Linda Nathan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Samuel Hoi

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0.25

  • Dan Cronin

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Lynn Rauch

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0.25

  • Mark Furman

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0.25

  • Ashleigh Lynn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Waters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mandeep Singh

    DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0.25

  • Matthew Poovan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Angel Preston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • D Watkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Martin Lemelle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Adrienne Perez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Sandra Gibbon

    EXECUTIVE DIRECTOR - OUTGOING

    Total calculated
    $0
    Hours/week
    0

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • TRF NMTC FUND XXXIV LP

    THEATRE PRODCUTION · PA · income $0 · assets $0

    Directly controlled by THE PRODUCERS CLUB OF MARYLAND INC

  • PARKWAY THEATRE INVESTMENT FUND LLC

    THEATRE PRODCUTION · MD · income $0 · assets $0

    Directly controlled by THE PRODUCERS CLUB OF MARYLAND INC

Related partnerships

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

  • PARKWAY THEATRE LLC

    RELATED · THEATRE PRODUCTION · MD · 95% owned · share of income -$351,007 · share of assets $11,461,899 · general or managing partner

    Directly controlled by THE PRODUCERS CLUB OF MARYLAND INC

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202533189349309878

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.