2026-05-06T16:02:08-05:00 2025-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-07-01 043781645 CAROLINA THEATRE OF GREENSBORO INC CARO 3363332600 310 SOUTH GREENE STREET GREENSBORO NC 27401 ALEXANDRA ARPAJIAN EXECUTIVE DIRECTOR 3363332600 2026-05-06 1 1 OLGA OGANESOV P01279668 3362944494 2026-05-06 2024 2025-03-06 01:10:19Z ALEXANDRA ARPAJIAN 310 SOUTH GREENE STREET GREENSBORO NC 27401 1749028 0 X WWW.CAROLINATHEATRE.COM X 2003 NC PRESENTING ARTS - PRESERVING HISTORY - PROMOTING COMMUNITY. OUR PURPOSE: THE CAROLINA THEATRE PROVIDES A CUTTING-EDGE PERFORMANCE, FILM, AND RENTAL VENUE, HOUSED WITHIN A CENTURY-OLD VAUDEVILLE THEATER. WE WORK TIRELESSLY TO PRESERVE OUR UNIQUE AND ARCHITECTURALLY SIGNIFICANT BUILDING WHILE ALSO PROVIDING PERFORMERS AND AUDIENCES WITH A STATE-OF-THE-ART ENTERTAINMENT FACILITY. WE PARTNER WITH COMMUNITY ORGANIZATIONS TO PROVIDE DIVERSE PROGRAMMING AND VALUABLE EDUCATIONAL OPPORTUNITIES. WE ARE COMMITTED TO ENHANCING DOWNTOWN GREENSBORO BY OFFERING INCREDIBLE PERFORMING ARTS PROGRAMMING WHILE, AT THE SAME TIME, SERVING AS STEWARDS OF OUR LANDMARK BUILDING. 25 25 72 387 10784 8972 367788 415034 605655 526463 16035 11624 631379 632943 1620857 1586064 0 0 0 0 557077 725529 0 0 110499 1396344 1223937 1953421 1949466 -332564 -363402 7428507 7068288 288057 289570 7140450 6778718 X PRESENTING ARTS - PRESERVING HISTORY - PROMOTING COMMUNITY. OUR PURPOSE: THE CAROLINA THEATRE PROVIDES A CUTTING-EDGE PERFORMANCE, FILM, AND RENTAL VENUE, HOUSED WITHIN A CENTURY-OLD VAUDEVILLE THEATER. WE WORK TIRELESSLY TO PRESERVE OUR UNIQUE AND ARCHITECTURALLY SIGNIFICANT BUILDING WHILE ALSO PROVIDING PERFORMERS AND AUDIENCES WITH A STATE-OF-THE-ART ENTERTAINMENT FACILITY. WE PARTNER WITH COMMUNITY ORGANIZATIONS TO PROVIDE DIVERSE PROGRAMMING AND VALUABLE EDUCATIONAL OPPORTUNITIES. WE ARE COMMITTED TO ENHANCING DOWNTOWN GREENSBORO BY OFFERING INCREDIBLE PERFORMING ARTS PROGRAMMING WHILE, AT THE SAME TIME, SERVING AS STEWARDS OF OUR LANDMARK BUILDING. 0 0 1568963 656228 CAROLINA THEATRE IS A FULLY FUNCTIONING PERFORMING ARTS FACILITY. IT PRESENTS A VARIETY OF LIVE PERFORMANCES BY LOCAL PERFORMING ARTS GROUPS AND CELEBRITY ENTERTAINERS. DURING THE YEAR, A TOTAL OF 294 EVENTS WERE HELD BY THE ORGANIZATION AS PART OF ITS PROGRAM SERVICE ACTIVITIES. 1568963 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 28 0 1 72 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DAWN RUMLEY 3363332600 310 SOUTH GREENE STREET GREENSBORO NC 27401 ALTINA LAYMAN CHAIR 10.00 X X 0 0 0 ALICIA WILLIAMS SECRETARY 3.00 X X 0 0 0 WILMOT JONES TREASURER 3.00 X X 0 0 0 STEVE FREYALDENHOVEN VICE CHAIR 3.00 X X 0 0 0 REGINA GLASPIE VICE CHAIR 3.00 X X 0 0 0 JOHN W GRAHAM VICE CHAIR 3.00 X X 0 0 0 COOPER HARRELL VICE CHAIR 3.00 X X 0 0 0 JACE STRANDBERG VICE CHAIR 3.00 X X 0 0 0 BETTY CONE HONORARY CHAIR 1.00 X X 0 0 0 MIGUEL A BRITO JR DIRECTOR 1.00 X 0 0 0 ASHLEY CONE DIRECTOR 1.00 X 0 0 0 JIM EVERHART DIRECTOR 1.00 X 0 0 0 FELTON FOUSHEE DIRECTOR 1.00 X 0 0 0 CHIP HAAS DIRECTOR 1.00 X 0 0 0 NANCY HOFFMANN DIRECTOR 1.00 X 0 0 0 CLAY HOWARD DIRECTOR 1.00 X 0 0 0 LES MARTIN DIRECTOR 1.00 X 0 0 0 BRUCE MCCLUNG DIRECTOR 1.00 X 0 0 0 DAVIS MCDONALD DIRECTOR 1.00 X 0 0 0 ERICA PARKER DIRECTOR 1.00 X 0 0 0 IRISH SPENCER DIRECTOR 1.00 X 0 0 0 GINA URESTI DIRECTOR 1.00 X 0 0 0 WRIGHT VARN DIRECTOR 1.00 X 0 0 0 DON VAUGHAN DIRECTOR 1.00 X 0 0 0 RENEE HICKS WALKER DIRECTOR 1.00 X 0 0 0 BRIAN GRAY OUTGOING EXECUTIVE DIRECTOR 40.00 X 99859 0 47848 ALEXANDRA ARPAJIAN INCOMING EXECUTIVE DIRECTOR 40.00 X 111463 0 36245 211322 0 84093 1 0 0 0 0 109169 35500 270365 415034 CT PRESENTS 711110 162309 162309 BOX OFFICE REVENUE 711110 146312 146312 RESTORATION FEES 711110 99544 99544 FILMS REVENUE 711110 67616 67616 PRODUCTION SERVICES 711110 50682 50682 526463 18671 18671 492394 0 492394 492394 492394 7047 -7047 -7047 -7047 283898 155917 127981 127981 PARKING LOT INCOME 812930 10784 10784 MISCELLANEOUS INCOME 900099 1784 1784 12568 1586064 656228 10784 504018 218309 148455 43764 26090 360827 245370 72335 43122 82618 56182 16562 9874 63775 43368 12785 7622 18380 18380 8436 562 7546 328 9507 8082 475 950 95702 80320 12126 3256 173085 141998 25113 5974 5681 5681 386584 347926 38658 47926 35680 7866 4380 PARKING LOT EXPENSE 82 60 22 CT PRESENTS 168320 168320 BOX OFFICE EXPENSES 106783 106783 LABOR EXPENSES 100865 100865 102586 84992 8691 8903 1949466 1568963 270004 110499 2848 2848 651420 595585 11008 7000 22314 47425 1434 2075 10838547 4469253 6696988 6369294 42495 44061 7428507 7068288 145411 89918 142646 199652 288057 289570 X 7114124 6705213 26326 73505 7140450 6778718 7428507 7068288 -363402 1670 0 X 0 1 X 1 0 X 900795 1092178 766673 367788 415034 3542468 900795 1092178 766673 367788 415034 3542468 280770 3261698 122959 237718 461534 521651 511065 1854927 10700 6765 11179 10100 10784 49528 955 2125 1245 356 1784 6465 5453388 2904129 0.59810 0.62230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 691000 691000 9101482 3927858 5173624 1046065 541395 504670 6369294 X 1751241 1670 543 2213 1749028 -162964 -162964 1586064 2112973 543 162964 163507 1949466 0 1949466 PART X, LINE 2: CAROLINA THEATRE OF GREENSBORO, INC. WAS GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). CAROLINA THEATRE BUILDING, LLC IS CONSIDERED A DISREGARDED ENTITY UNDER THE IRC AND IS REPORTED AS A PART OF THE TAX FILINGS OF CAROLINA THEATRE OF GREENSBORO, INC. THEREFORE, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES ON EXEMPT INCOME. HOWEVER, THE ORGANIZATION IS RESPONSIBLE FOR INCOME TAXES ON UNRELATED BUSINESS INCOME. IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2025 AND 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE -155,917. LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FINANCIAL STATEMENT EXPENSES -7,047. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE 155,917. LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FINANCIAL STATEMENT EXPENSES 7,047. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THIS RETURN WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT IN RELATION TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S BOARD OF DIRECTORS DEVELOPS AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY AT THE TIME OF HIRE. EACH YEAR, THE EXECUTIVE COMMITTEE REVIEWS THE SALARY IN ORDER TO DETERMINE THE NECESSARY ADJUSTMENTS, IF ANY. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CAROLINA THEATRE BUILDING LLC 310 SOUTH GREENE STREET GREENSBORO NC 27401 BUILDING NC 5147625 N/A