| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 47,000 | 0 | 0 | 47,000 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| TYPE OF ORGANIZATION DISCLOSURE | FORM 990-PF | THE ORGANIZATION HAS COMMUNICATED ITS INTENT TO TERMINATE ITS PRIVATE FOUNDATION STATUS UNDER IRC SECTION 507(B)(1)(B) DURING THE 60-MONTH PERIOD, WHICH STARTED JANUARY 1, 2024 AND ENDS DECEMBER 31, 2028. THE ORGANIZATION INTENDS TO OPERATE AS A PUBLIC CHARITY DESCRIBED IN IRC SECTION 501(C(3) DURING THE 60-MONTH PERIOD. THE IRS HAS AGREED THAT THE ORGANIZATION CAN TERMINATE ITS PRIVATE FOUNDATION STATUS AND THE IRS WILL TREAT THE ORGANIZATION AS A PUBLIC CHARITY FOR THE 60-MONTH ADVANCE RULING PERIOD. WITHIN 90 DAYS AFTER THE END OF THE 60-MONTH PERIOD, THE ORGANIZATION MUST SHOW THEY HAVE MET THE REQUIREMENTS AS A PUBLIC CHARITY OR THE STATUS MAY REVERT TO A PRIVATE FOUNDATION FOR THE ENTIRE PERIOD. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BERKSHIRE HATHAWAY INC. | 611,928 | 611,928 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 21,744 | 0 | 6,336 | 15,408 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LESS ACCUMULATED AMORTIZATION | -450,310 | -479,966 | -479,966 |
| OTHER INTANGIBLES | 120,235 | 120,235 | 120,235 |
| DEPOSITS | 236,669 | 333,500 | 333,500 |
| VIDEO | 232,320 | 232,320 | 232,320 |
| THEATER INTANGIBLES | 301,687 | 303,157 | 303,157 |
| ROU ASSET - OPERATING | 2,186,126 | 2,511,450 | 2,511,450 |
| ROU ASSET - FINANCE | 43,951 | 32,209 | 32,209 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES AND SERVICES | 274,774 | 0 | 261,536 | 13,238 |
| INSURANCE | 200,645 | 0 | 0 | 200,645 |
| DUES AND SUBSCRIPTIONS | 30,247 | 0 | 0 | 30,247 |
| MARKETING | 278,351 | 0 | 226,128 | 52,223 |
| REPAIRS AND MAINTENANCE | 118,359 | 0 | 118,359 | 0 |
| PARKING AND VALET | 269,291 | 0 | 256,771 | 12,520 |
| LICENSES AND FEES | 339,140 | 0 | 223,546 | 606,060 |
| STAFF MEALS | 44,613 | 0 | 0 | 44,613 |
| INFORMATION TECHNOLOGY | 106,768 | 0 | 106,040 | 728 |
| PRODUCTION AND EVENT | 1,623,684 | 0 | 1,599,083 | 24,601 |
| ROYALTIES | 285,459 | 0 | 285,459 | 0 |
| MISCELLANEOUS ADMIN | 209,469 | 0 | 0 | 230,525 |
| AMORTIZATION | 29,654 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| COPRODUCTION AND TICKET SALES | 3,948,634 | 3,948,634 | |
| EDUCATION CLASSES AND FEES | 71,294 | 71,294 | |
| TRANSACTION FEES | 235,736 | 235,736 | |
| RESTORATION FEES | 195,971 | 195,971 | |
| ROYALTIES | 93,660 | 93,660 | |
| ENHANCEMENT | 309,864 | 309,864 | |
| PARKING | 604,482 | 604,482 | |
| MISC | 19,254 | 19,254 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENT | 7,654 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSITS | 37,132 | 36,336 |
| OPERATING LEASE LIABILITY | 2,250,234 | 2,607,215 |
| FINANCE LEASE LIABILITY | 44,759 | 33,071 |
| DUE TO RELATED PARTIES | 258,432 | 570,096 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RECRUITING | 16,433 | 0 | 2,087 | 14,346 |
| PAYROLL SERVICE | 170,000 | 0 | 122,844 | 47,156 |
| THEATER MANAGEMENT FEE | 336,000 | 0 | 336,000 | 0 |
| OTHER PROFESSIONAL SERVICES | 99,634 | 0 | 24,663 | 68,352 |
| TEACHING ARTISTS | 29,577 | 0 | 29,577 | 0 |
| SPECIAL SERVICES | 7,607 | 0 | 7,607 | 0 |
| ENTERTAINMENT | 19,302 | 0 | 19,302 | 0 |
| Name | Address |
|---|---|
| WILLIAM NOLAN |
15 WEST 72ND ST NEW YORK,NY10023 |
| PLAYHOUSE ARTISTS |
12 WEST MECHANIC STREET 2C NEW HOPE,PA18938 |
| KEVIN DAUGHERTY |
3305 RIVER ROAD NEW HOPE,PA18938 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 65,185 | 0 | 0 | 65,185 |
| PAYROLL TAX | 375,684 | 0 | 282,046 | 93,638 |