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Nonprofiteer
← THE PHOENIX THEATRE COMPANY

Form 990 for tax year 2024

Filed by THE PHOENIX THEATRE COMPANY.

Totals

Total revenue
$19,478,436
Total expenses
$15,059,606
Contributions and grants received
$9,930,930
Grants paid
$0
Program service revenue
$9,406,484
Investment income
$339,799
Other revenue
-$198,777
Total assets, end of year
$59,161,322
Total liabilities, end of year
$19,466,798
Net assets or fund balances, end of year
$39,694,524
Program services expenses (Part IX)
$12,737,196
Management and general expenses
$1,761,876
Fundraising expenses
$560,534
Program service expenses (Part III)
$12,737,196

Program services were 84.6% 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

    $679,100

  • 1e · Government grants (contributions)

    $98,000

  • 1f · All other contributions, gifts and grants

    $9,153,830

  • 1g · Noncash contributions included above

    $36,350

  • 2a · Program service revenue: PERFORMANCE PROGRAMMING

    total $9,138,014 · related or exempt $9,138,014

  • 2b · Program service revenue: CAMP REVENUE

    total $268,470 · related or exempt $268,470

  • 3 · Investment income

    total $339,799 · excluded $339,799

  • 6a · Gross rents

    real property $290,178

  • 6b · Less rental expenses

    real property $376,212

  • 6c · Rental income or loss

    real property -$86,034

  • 6d · Net rental income or loss

    total -$86,034 · related or exempt $24,084 · unrelated business -$110,118

  • 8a · Fundraising events: gross income

    $100,990

  • 8a · Fundraising events: contributions included on line 1c

    $679,100

  • 8b · Fundraising events: direct expenses

    $230,406

  • 8c · Net income from fundraising events

    total -$129,416 · excluded -$129,416

  • 10a · Gross sales of inventory

    $16,446

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $16,446 · related or exempt $16,446

  • 11a · Other revenue: OTHER INCOME

    total $227 · related or exempt $227

  • 11e · Other revenue, total

    $227

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $425,003 · program services $127,501 · management and general $148,751 · fundraising $148,751

  • 7 · Other salaries and wages

    total $3,402,603 · program services $2,476,096 · management and general $773,804 · fundraising $152,703

  • 8 · Pension plan contributions

    total $24,812 · program services $19,053 · management and general $5,263 · fundraising $496

  • 9 · Other employee benefits

    total $251,596 · program services $173,096 · management and general $59,293 · fundraising $19,207

  • 10 · Payroll taxes

    total $516,793 · program services $349,768 · management and general $123,495 · fundraising $43,530

  • 11b · Fees: legal

    total $57,404 · management and general $57,404

  • 11c · Fees: accounting

    total $45,047 · management and general $45,047

  • 11e · Fees: professional fundraising services

    total $10,000 · fundraising $10,000

  • 11g · Fees: other

    total $165,280 · program services $114,680 · management and general $50,600

  • 12 · Advertising and promotion

    total $2,329,958 · program services $2,316,340 · management and general $13,618

  • 13 · Office expenses

    total $24,403 · program services $15,655 · management and general $8,748

  • 14 · Information technology

    total $316,387 · program services $238,226 · management and general $25,343 · fundraising $52,818

  • 15 · Royalties

    total $939,986 · program services $939,986

  • 16 · Occupancy

    total $374,765 · program services $252,627 · management and general $79,759 · fundraising $42,379

  • 17 · Travel

    total $132,139 · program services $131,935 · management and general $204

  • 20 · Interest

    total $236,365 · program services $236,365

  • 22 · Depreciation, depletion and amortization

    total $452,151 · program services $384,328 · management and general $45,215 · fundraising $22,608

  • 23 · Insurance

    total $324,188 · program services $211,320 · management and general $83,452 · fundraising $29,416

  • 24a · Other expenses: PRODUCTION CONTRACTORS

    total $3,345,618 · program services $3,345,618

  • 24b · Other expenses: FOOD AND BEVERAGE

    total $495,529 · program services $495,529

  • 24c · Other expenses: REPAIR AND MAINTENANCE

    total $415,937 · program services $348,710 · management and general $44,819 · fundraising $22,408

  • 24d · Other expenses: PRODUCTION MATERIAL

    total $287,778 · program services $287,778

  • 24e · All other expenses

    total $485,864 · program services $272,585 · management and general $197,061 · fundraising $16,218

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $309,875 · end of year $2,147,982

  • 2 · Savings and temporary cash investments

    beginning of year $13,183,646 · end of year $3,035,995

  • 3 · Pledges and grants receivable

    beginning of year $1,122,586 · end of year $1,529,118

  • 8 · Inventories for sale or use

    beginning of year $60,353 · end of year $60,353

  • 9 · Prepaid expenses and deferred charges

    beginning of year $356,853 · end of year $1,214,140

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

    $42,857,289

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

    $3,986,508

  • 10c · Land, buildings and equipment, net

    beginning of year $22,158,404 · end of year $38,870,781

  • 14 · Intangible assets

    beginning of year $73,127 · end of year $73,127

  • 15 · Other assets

    beginning of year $12,444,850 · end of year $12,229,826

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,266,876 · end of year $5,617,574

  • 19 · Deferred revenue

    beginning of year $2,752,964 · end of year $2,953,547

  • 23 · Secured mortgages and notes payable

    beginning of year $7,441,391 · end of year $8,919,836

  • 24 · Unsecured notes and loans payable

    beginning of year $1,975,832 · end of year $1,975,841

  • 27 · Net assets without donor restrictions

    beginning of year $14,797,173 · end of year $13,883,973

  • 28 · Net assets with donor restrictions

    beginning of year $20,475,458 · end of year $25,810,551

Mission and programs · 2024

Mission

PHOENIX THEATRE CREATES EXCEPTIONAL THEATRICAL EXPERIENCES TO ARTICULATE MESSAGES THAT INSPIRE HOPE AND UNDERSTANDING.

Activities or mission (Part I)

PHOENIX THEATRE CREATES EXCEPTIONAL THEATRICAL EXPERIENCES TO (CONTINUED ON SCHEDULE O) ARTICULATE MESSAGES THAT INSPIRE HOPE AND UNDERSTANDING.

  • PERFORMANCE PROGRAMING: WE VALUE THEATRE AS A PLACE WHERE PEOPLE CAN BE WHERE ANYONE CAN GO POPULAR, GEEKY, BROKEN DOWN OR AFFLUENT - AND BE WELCOMED. THEATRE LIVES WHERE WE WISH THE WHOLE WORLD LIVED. BY INSPIRING EMPATHY AND THE ABILITY TO SEE THINGS FROM ANOTHER'S POINT OFVIEW, WE ENCOURAGE QUALITIES THAT LEAD TO VISIONARY LEADERSHIP AND BUILD COMMUNITIES IN WHICH WE ARE PROUD TO WORK AND LIVE.

    Expenses $12,411,479 · Revenue $9,141,126

  • EDUCATION: PHOENIX THEATRE BELIEVES THE ARTS ARE ESSENTIAL BECAUSE THEY BUILD COMMUNITIES IN WHICH WE ARE PROUD TO WORK AND LIVE. FOSTER THE HERO WITHIN, CREATE GREATER UNDERSTANDING OF CULTURAL AND POLITICAL DIFFERENCES AND, IN AN ERA OF SIMULATED VIRTUAL GATHERINGS, CONTINUE TO PROVIDE A FORUM IN WHICH THE COMMUNITY FROM ALL WALKS OF LIFE CAN GATHER, LIVE AND IN-PERSON. PHOENIX THEATRE BELIEVES THE PROCESS OF CREATING THEATRICAL EXPERIENCES IS JUST AS IMPORTANT AS THE EXPERIENCE ITSELF. PHOENIX THEATRE STRIVES TO PRODUCE THE NEXT GENERATION OF PEOPLE WHO PRODUCE THEATRICAL EXPERIENCES. PHOENIX THEATRE CREATED A COMMUNITY OF ARTISTS - FROM THE ACTOR TO THE PROP DESIGNER; FROM THE MUSICIAN TO THE SET BUILDER, AND SO ON. PHOENIX THEATRE IS A PLACE WHERE THESE ARTISTS LIVE, CREATE, AND LEARN.(CONTINUED ON SCHEDULE O) THE PHOENIX THEATRE COMPANY'S CHARITABLE AND EDUCATIONAL PROGRAMS ENRICH LIVES THROUGH THE TRANSFORMATIVE POWER OF THE ARTS BY SERVING INDIVIDUALS OF ALL AGES AND BACKGROUNDS. THROUGH YOUTH THEATRE CLASSES, SUMMER CAMPS, DANCE TRAINING, AND YEAR-ROUND AUDIENCE LEARNING OPPORTUNITIES, THE COMPANY NURTURES CREATIVITY, SELF-EXPRESSION, ARTISTIC DEVELOPMENT, AND LIFELONG ENGAGEMENT WITH THEATRE. COMMUNITY-FOCUSED INITIATIVES SUCH AS BACKSTAGE EXPERIENCES, EDUCATIONAL WORKSHOPS, AND THE RICHARD P. STAHL FESTIVAL OF NEW AMERICAN THEATRE DEEPEN CONNECTIONS BETWEEN AUDIENCES AND ARTISTS. THE SIGNATURE PARTNERS THAT HEAL PROGRAM BRINGS THE BENEFITS OF IMPROVISATION TO HEALTHCARE AND CAREGIVING SETTINGS, IMPROVING COMMUNICATION AND EMOTIONAL WELL-BEING, WHILE COMMUNITY NIGHTS ENSURE THAT LIVE THEATRE REMAINS ACCESSIBLE TO ALL THROUGH PAY-WHAT-YOU-CAN PERFORMANCES OFFERED IN PARTNERSHIP WITH LOCAL NONPROFIT ORGANIZATIONS. IN ADDITION, THE COMPANY RUNS A ROBUST APPRENTICESHIP PROGRAM TO TRAIN THE NEXT GENERATION OF THEATRICAL TECHNICIANS.

    Expenses $325,717 · Revenue $306,115

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

Listed in Part VII

  • Cy Brown

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Meghan Cox

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Molly Greene

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Gary Gephart

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Alexia Bertsatos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Erica Brinker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Elena Canez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lindsay Cullum-Colwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Angela Derosa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Stephane Fitch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kerri Geisler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michael Giavanti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brian Guzman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chelsea Hesla

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mark Koson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kevin Loman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chris Natale

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Diane Peterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ryan Pont

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brandon Shipman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jeanie Short

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Beth Silhasek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kelli Tonki

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Anna Tovar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Janet Richter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sukriti Uppal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Vincent Vanvleet

    EXECUTIVE DIRECTOR

    Total calculated
    $250,441
    From this org
    $235,481
    From related orgs
    $0
    Other
    $14,960
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,481
    Bonus
    $0
    Other
    $0
    Deferred
    $9,419
    Nontaxable benefits
    $5,541
    Filer's total
    $250,441
  • Michael Barnard

    PRODUCING ARTISTIC DIRECTO

    Total calculated
    $252,920
    From this org
    $243,365
    From related orgs
    $0
    Other
    $9,555
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,365
    Bonus
    $0
    Other
    $0
    Deferred
    $8,962
    Nontaxable benefits
    $593
    Filer's total
    $252,920
  • Marisa Faith Butler

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $142,201
    From this org
    $136,157
    From related orgs
    $0
    Other
    $6,044
    Hours/week
    40
  • Matthew Schaefer

    MANAGING DIRECTOR

    Total calculated
    $174,285
    From this org
    $159,976
    From related orgs
    $0
    Other
    $14,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,976
    Bonus
    $0
    Other
    $0
    Deferred
    $5,722
    Nontaxable benefits
    $8,587
    Filer's total
    $174,285

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

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE EXECUTIVE COMMITTEE SETS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND PRODUCING ARTISTIC DIRECTOR USING THE THEATRE COMMUNICATION GROUP'S NATIONAL SALARY SURVEY ALONG WITH LOCAL NONPROFIT COMPENSATION INFORMATION AND PERFORMANCE EVALUATION. THIS COMPENSATION IS SUBSEQUENTLY APPROVED BY THE BOARD OF DIRECTORS. THIS PROCESS LAST OCCURRED IN 2021 AS PART OF A 5 YEAR EMPLOYMENT AGREEMENT WITH THE EXECUTIVE DIRECTOR AND A 3 YEAR EMPLOYMENT AGREEMENT WITH THE PRODUCING ARTISTIC DIRECTOR AND WILL BE REVISITED IN 2025. THIS SAME PROCESS WOULD BE USED FOR THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IF THERE WERE ANY THAT WERE COMPENSATED. THE COMPENSATION DECISIONS ARE DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE.

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.

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.

  • PHOENIX THEATRE REAL ESTATE LLC

    REAL ESTATE HOLDING · AZ · income $290,178 · assets $0

    Directly controlled by THE PHOENIX THEATRE COMPANY

Provenance

Return type
form_990
Tax year
2024
Filed
2 July 2026
IRS schema version
2024v5.5
Source object
202611959349301881

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