2024-05-03T10:06:30-05:00 2023-06-30 931758883 PHILIP B PACINO CPA LLC 175 WASHINGTON STREET STE B22 WINCHESTER MA 01890 990 2022-07-01 133697027 TARGET MARGIN THEATER INC TARG 7183983095 232 52ND STREET BROOKLYN NY 11220 DAVID HERSKOVITS ARTISTIC DIRECTOR 7183983095 2024-05-02 DAVID HERSKOVITS 999009999 1 PHILIP B PACINO P00397221 6172544422 X 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID HERSKOVITS 232 52ND STREET BROOKLYN NY 11220 651851 0 X WWW.TARGETMARGIN.ORG X 1991 NY THE ORGANIZATION PROMOTES CULTURAL ARTS THRU ITS YEARLY THEATER PRODUCTIONS AND THEATER WORKSHOPS. 11 10 65 25 0 0 655366 519927 59325 57822 148 2095 738 38419 715577 618263 0 0 0 0 505480 388127 0 0 103469 285988 333859 791468 721986 -75891 -103723 831381 1214038 51063 537443 780318 676595 THE ORGANIZATION PROMOTES CULTURAL EVENTS THRU ITS YEARLY THEATER PRODUCTIONS AND THEATER WORKSHOPS. 0 0 505667 0 58329 THE GROUP PRODUCED AND PERFORMED PLAYS AND OTHER MINOR PROGRAMS RELATED TO ENHANCING THE UNDERSTANDING OF THEATER ARTS. THE SHOWS WERE WIDELY ATTENDED. THE PURPOSE OF THE SHOWS WAS TO ENHANCE AND TEACH ABOUT THEATER ARTS. 505667 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 65 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 1 0 0 NY X DAVID HERSKOVITS 7183983095 232 52ND STREET BROOKLYN NY 11220 DAVID HERSKOVITS ARTISTIC DIRECTOR/DIRECTOR 40.00 X X 75654 0 0 KATHERINE LEVIN PRESIDENT/DIRECTOR 5.00 X X 0 0 0 PURVA BEDI SECRETARY/DIRECTOR 5.00 X X 0 0 0 ADAM WEINSTEIN TREASURER/DIRECTOR 5.00 X X 0 0 0 ERIC SLOAN DIRECTOR 2.00 X 0 0 0 HILARY ALGER DIRECTOR 2.00 X 0 0 0 DILEEP MURPHY DIRECTOR 2.00 X 0 0 0 MELODY COOPER DIRECTOR 2.00 X 0 0 0 RAY LOHIER DIRECTOR 2.00 X 0 0 0 GREIG SARGEANT DIRECTOR 2.00 X 0 0 0 REZINA SIDIQUE DIRECTOR 2.00 X 0 0 0 75654 0 0 0 0 0 0 0 1200 126587 141060 251080 519927 PRODUCTION FEES 711110 32983 32983 RENTAL FEES 711110 24839 24839 57822 2095 2095 71500 126587 33588 37912 37912 MISCELLANEOUS 711110 507 507 507 618263 58329 0 40007 75654 52958 3783 18913 237163 181454 34530 21179 4712 4712 38729 30957 3798 3974 31869 24747 3480 3642 19083 19083 500 500 13504 10603 2696 205 5031 3059 964 1008 194712 118391 37294 39027 2015 1270 364 381 15398 9363 2949 3086 3023 1838 579 606 ARTIST & PRODUCTION FEE 27250 27250 PRODUCTION EXPENSES 16431 16431 BANK AND CREDIT CARD FE 11993 4728 341 6924 OUTSIDE SERVICES 10885 9271 1607 7 14034 8635 882 4517 721986 505667 112850 103469 674241 551853 54530 50226 5447 855 103291 39203 52195 64088 44968 547016 831381 1214038 51063 4714 168 0 532561 51063 537443 X 609282 651595 171036 25000 780318 676595 831381 1214038 -103723 0 X X 0 1 X 1 0 X 665502 666366 698075 655366 519927 3205236 95995 56708 13217 60063 57822 283805 761497 723074 711292 715429 577749 3489041 43805 18064 58470 13500 40582 174421 0 43805 18064 58470 13500 40582 174421 3314620 387 3 148 2095 2633 387 3 148 2095 2633 7415 3100 738 507 11760 769299 726177 711292 716315 580351 3503434 0.94610 0.93700 0.00080 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42113 21619 20494 58800 15513 43287 2378 2071 307 64088 SECURITY DEPOSITS 21313 RIGHT OF USE ASSET - NET OF AMORTIZATION 525703 547016 LEASE LIABILITY - OPERATING LEASE 532561 532561 620763 2500 2500 618263 0 618263 724486 2500 2500 721986 0 721986 ANNUAL GALA 198087 126587 71500 13080 20508 198087 126587 71500 13080 20508 33588 37912 FORM 990, PART VI, SECTION B, LINE 11B THE ARTISTIC DIRECTOR AND THE AUDIT/FINANCE COMMITTEE REVIEW THE FORM 990 AS PREPARED BY THE ACCOUNTANT IN ADVANCE OF ITS FILING. COMMENTS IF ANY ARE SENT BACK TO THE ACCOUNTANT. AFTER RESOLUTION OF ANY COMMENTS THE FORM 990 IS APPROVED FOR FILING BY THE ARTISTIC DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12 ON AN ANNUAL BASIS ALL CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED BY ALL OFFICERS AND DIRECTORS. ADDITIONALLY ON AN ISSUE ON WHICH A MEMBER MAY HAVE A CONFLICT THE MEMBER IS REQUIRED TO RECUSE THEMSELVES. FORM 990, PART VI, SECTION B, LINE 15A ARTISTIC DIRECTOR'S SALARY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS WHEN SETTING THE ANNUAL BUDGET. THE BOARD OF DIRECTORS TAKES INTO CONSIDERATION COMPARABLE COMPENSATION DATA ALONG WITH THE LIMITED RESOURCES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 ALL POLICIES, DOCUMENTS AND FINANCIAL INFORMATION OF THE ORGANIZATION ARE PROVIDED TO ANY INDIVIDUAL OR ORGANIZATION UPON THE REQUEST BY SUCH INDIVIDUAL OR ORGANIZATION. ADDITIONALLY ALL INFORMATION IS PROVIDED TO GRANT PROVIDERS AS PART OF THE GRANT REQUEST APPLICATION PROCESS. FORM 990 PART XII LINE 2C THE BOARD OF DIRECTORS FORMALLY APPOINTED AN AUDIT/FINANCIAL SUBCOMMITTEE OF THE BOARD TO OVERSEE THE ANNUAL AUDIT. THE AUDIT COMMITTEE DUTIES INCLUDE REVIEWING AND APPROVING THE AUDITED FINANCIAL STATEMENTS AND ALL TAX FILINGS.