2024-03-19T16:37:25-05:00 2023-06-30 042442519 EDELSTEIN & COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2022-07-01 041425590 THE HASTY PUDDING - INSTITUTE OF 1770 INC HAST 6174955205 PO BOX 381940 CAMBRIDGE MA 02238 MARK SZPAK OPERATING BOARD MEMBER/CLERK 6174955205 2024-03-19 1 MARK SZPAK 999009999 0 EUGENE BORGONZI P01269879 6172276161 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK SZPAK PO BOX 381940 CAMBRIDGE MA 02238 2086709 0 X WWW.HASTYPUDDING.ORG X 1934 MA TO FOSTER AND EXPAND THE INTEREST AND OPPORTUNITIES IN THE PERFORMING AND CREATIVE ARTS. 3 3 3 50 0 0 630709 749616 510373 840298 66231 39474 0 0 1207313 1629388 0 12357 0 0 299265 285567 0 0 1580 1007822 1261074 1307087 1558998 -99774 70390 2369148 3936727 230146 1599959 2139002 2336768 X TO PROMOTE AND ENCOURAGE GREATER INVOLVEMENT IN EDUCATION, CULTURAL AND ACADEMIC ACTIVITIES BY STUDENTS IN HARVARD COLLEGE AND THE GRADUATE SCHOOLS OF HARVARD UNIVERSITY, AND MORE PARTICULARLY TO CREATE EXPANDED INTEREST AND OPPORTUNITY IN THE PERFORMING AND CREATIVE ARTS. 0 0 528016 0 172948 THEATRICALS CONDUCTS AN ANNUAL BURLESQUE MUSICAL AND HOLDS PERFORMANCES IN CAMBRIDGE, NEW YORK CITY AND BERMUDA. THE HASTY PUDDING - INSTITUTE OF 1770 PRESENTS ANNUAL STUDENT WRITTEN AND COMPOSED PRODUCTIONS. THEATRICALS SUPPORTS ITS ACTIVITIES THROUGH TICKET & CONCESSION SALES AND SPONSORSHIPS. DURING THE FISCAL YEAR ENDED JUNE 30, 2023, THE ORGANIZATION PERFORMED A SHOW TITLED "COSMIC RELIEF". IT ALSO HOLDS THE MAN AND WOMAN OF THE YEAR EVENTS. 417806 12357 0 THE INSTITUTE SUPPORTS PROGRAMS THAT FOSTER THE ARTS AND ENCOURAGES THEIR GROWTH. 365848 0 667350 THE HASTY PUDDING CLUB PROVIDES MEETING AND SOCIAL SPACE FOR MORE THAN 240 HARVARD UNDERGRADUATES WHO HAVE AN INTEREST IN THE ACTIVITIES TRADITIONALLY ASSOCIATED WITH THE ORGANIZATION, RANGING FROM THE MUSICAL TO ACAPPELLA SINGING GROUPS SUCH AS THE HARVARD KROKODILOES OR IN ARTS RELATED COMMUNITY SERVICE. 1311670 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 MA NY X LENA DEMASHKIEH 6174955205 45 DUNSTER STREET CAMBRIDGE MA 02138 X ANDREW L FARKAS CHAIRMAN/DIRECTOR 5.00 X X 0 0 0 ANDREA OLSHAN PRESIDENT/DIRECTOR 5.00 X X 0 0 0 LENA DEMASHKIEH TREASURER/DIRECTOR 5.00 X X 0 0 0 MARK SZPAK CLERK 5.00 X 0 0 0 BRITT MORGAN-SAKS VICE PRESIDENT 5.00 X 0 0 0 PAMELA MCCUTCHEON STEWARD 40.00 X 145757 0 27850 145757 0 27850 1 0 1 0 0 749616 75435 749616 HASTY PUDDING CLUB DUE 900099 667350 667350 TICKET SALES 711110 160594 160594 CONCESSIONS 711110 12354 12354 840298 51624 51624 445171 457321 -12150 -12150 -12150 1629388 840298 0 39474 X 12357 12357 237487 237487 1401 1401 27521 27521 19158 19158 796 796 29083 29083 14073 14073 155914 154335 1579 5783 5783 19437 1033 18404 442575 413783 28792 142784 130466 12318 20634 20634 20252 20252 FOOD, BEVERAGES, CONCES 190687 189931 756 SHOW PRODUCTION EXPENSE 88814 87127 1687 SOCIAL EVENT EXPENSE 64565 64565 BANK AND CREDIT CARD FE 58980 58980 6697 27 5090 1580 1558998 1311670 245748 1580 576355 604786 25000 27961 11313 117488 106544 29279 10944 1700135 1848132 10418 1461552 2369148 3936727 23362 698 5790 5790 200994 1593471 230146 1599959 X 2089002 2286768 50000 50000 2139002 2336768 2369148 3936727 70390 127376 0 X 0 1 X 0 0 X 1027819 668587 433725 630709 749616 3510456 849072 531248 192 510373 840298 2731183 1876891 1199835 433917 1141082 1589914 6241639 2500 7572 8500 18572 0 2500 7572 8500 18572 6223067 126411 46207 29058 37893 51624 291193 126411 46207 29058 37893 51624 291193 2003302 1246042 462975 1178975 1641538 6532832 0.95260 0.95540 0.04460 0.04240 X FORM 990 SCHEDULE A, PART III, SECTION A, COLUMN (B) LINE 1 LINE 1 IN PART III SECTION A FOR THE TAX YEAR 2019 (COLUMN B) WAS ADJUSTED TO REFLECT THE 2019 ACCOUNTS RECEIVABLE THAT WOULDN'T HAVE BEEN INCLUDED IN SCHEDULE A DUE TO THE CASH TO ACCURAL CONVERSION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 50000 1271 1271 50000 50000 84 84 50000 50000 7441 7441 50000 50000 7942 -7942 50000 50000 3753 3753 50000 1.00000 0 0 104687 102025 2662 12801 4519 8282 10944 RIGHT-OF-USE ASSET OPERATING LEASE, NET 1461552 1461552 RENT PAYABLE 130191 OPERATING LEASE LIABILITY 1463280 1593471 1833703 127376 91012 218388 1615315 14073 14073 1629388 1635937 91012 91012 1544925 14073 14073 1558998 PART III, LINE 1A: THE ORGANIZATION MAINTAINS A DIVERSE COLLECTION OF ARTWORK AND MEMORABILIA. ALL ITEMS IN THE COLLECTION WERE DONATED OVER TIME TO THE ORGANIZATION. THE VALUE OF THE COLLECTION IS NOT REFLECTED ON THE STATEMENTS OF FINANCIAL POSITION. THE COLLECTION IS MAINTAINED FOR EDUCATION PURPOSES RATHER THAN FINANCIAL GAIN. THE COLLECTION IS PROTECTED, KEPT UNENCUMBERED AND IS SUBJECT TO AN ORGANIZATIONAL POLICY THAT ENCOURAGES PERMANENT POSSESSION. ANY DEACCESSION PROCEEDS, IF ANY, COULD BE EXPENDED FOR DIRECT CARE OF EXISTING COLLECTION ITEMS AS WELL AS FOR REINVESTMENT IN NEW ITEMS FOR THE COLLECTION. PART III, LINE 4: THE ORGANIZATION MAINTAINS A DIVERSE COLLECTION OF ARTWORK AND MEMORABILIA. IT FURTHERS THE ORGANIZATION'S EXEMPT PURPOSE BY FOSTERING AND EXPANDING THE INTEREST AND OPPORTUNITIES IN THE PERFORMING AND CREATIVE ARTS. PART V, LINE 4: THE ORGANIZATION HAS AN ENDOWMENT HELD IN PERPETUITY FOR THE PROGRAMS AND INITIATIVES OF ITS THEATRICALS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING N/A CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES THEATRICAL PRODUCTION 33907 0 0 0 0 0 0 33907 0 33907 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR EXPENDITURES. PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, LINE 3 THE ORGANIZATION RECEIVED CONTRIBUTIONS FROM DONORS IN THE EUROPE REGION DISCLOSED ON LINE 3. DONORS HAVE BEEN REPORTED ON SCHEDULE B IN ACCORDANCE WITH IRS REGULATIONS. THE ORGANIZATION DID NOT EXPEND ANY MONEY IN THESE REGIONS IN ORDER TO OBTAIN THESE CONTRIBUTIONS. 1 CAMBRIDGE PUBLIC SCHOOLS 135 BERKSHIRE STREET CAMBRIDGE MA 02141 046001383 GOVT 10000 0 N/A N/A TO FURTHER EDUCATION INITIATIVES IN THE LOCAL COMMUNITY 1 0 PART I, LINE 2: THE ORGANIZATION MONITORS THAT A RECIPIENT IS AN ELIGIBLE ENTITY (I.E. TAX EXEMPT ORGANIZATION, GOVERNMENT, ETC.) AND THAT THE RECIPIENT'S PROGRAMMATIC ACTIVITIES ALIGN WITH THE GOALS OF THE ORGANIZATION. 0 0 0 0 0 0 0 0 0 PAMELA MCCUTCHEON STEWARD 107316 0 38441 0 0 0 1026 0 26824 0 173607 0 0 0 X CLUB SUPPLIES 28 75435 COMPARABLE SALES 0 0 0 0 PART I, COLUMN (B): 28 DIFFERENT COMPANIES DONATED VARIOUS SUPPLIES TO THE CLUB. FORM 990, PART VI, SECTION A, LINE 6 SEE EXPLANATION TO PART VI, SECTION A, LINE 7A. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY MAY BE ELECTED BY DESIGNATED ADVISORY BOARDS OF THE ORGANIZATION, TO THE EXTENT STATED IN THE BY-LAWS. MEMBERS OF THE GOVERNING BODY MAY OTHERWISE BE ELECTED BY THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE 3 INDIVIDUALS THAT COMPRISE THE GOVERNING BODY MAKE VOTE ON ALL DECISIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND A DRAFT OF THE FORM 990 IS REVIEWED BY THE CLERK AND TREASURER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND MEMBERS DISCLOSING A CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSION AND/OR FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G THEATRICAL PROFESSIONALS: PROGRAM SERVICE EXPENSES 154,335. MANAGEMENT AND GENERAL EXPENSES 1,579. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 155,914. FORM 990, PART I, LINE 6 THE VOLUNTEERS OVERSEE AN ANNUAL THEATRICAL PRODUCTION PERFORMED BY THE ORGANIZATION.