COLONIAL THEATER INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
COLONIAL THEATER INC (EIN 27-2159587)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-08
IRS object ID
202402829349301300
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-08T09:39:08-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390758449PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WIPFLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 MARKET SQUAREAddressLine1Txt
CityAUGUSTACityNm
State AbbreviationMEStateAbbreviationCd
ZIP043304637ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272159587EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COLONIAL THEATER INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOLOBusinessNameControlTxt
Phone2072093525PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2267AddressLine1Txt
CityAUGUSTACityNm
State AbbreviationMEStateAbbreviationCd
ZIP043382267ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCATHY MILOJEVIC-KAEYPersonNm
Person TitleINTERIM EXECUTIVE DIRECTORPersonTitleTxt
Phone2072093525PhoneNum
Signature2024-10-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBOB DUBE CPAPreparerPersonNm
PTINP01231018PTIN
Phone2076224766PhoneNum
Preparation2024-10-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCATHY MILOJEVIC-KAEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2267AddressLine1Txt
CityAUGUSTACityNm
State AbbreviationMEStateAbbreviationCd
ZIP043382267ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$103,160GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AUGUSTACOLONIALTHEATER.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1955FormationYr
Legal Domicile StateMELegalDomicileStateCd
Activity Or MissionTO RESTORE AND OPERATE THE HISTORIC AUGUSTA COLONIAL THEATER FOR THE ARTISTIC, EDUCATIONAL, AND CHARITABLE BENEFIT OF THE COMMUNITY. THE COLONIAL THEATER WILL BE A FAR-REACHING, VIABLE, RESTORED HISTORIC THEATER IN THE DOWNTOWN OF OUR STATE CAPITAL THAT WILL PROVIDE PROGRAMMING IN CULTURAL ARTS AND ENTERTAINMENT TO ENRICH THE LIVES OF PEOPLE OF ALL AGES LIVING IN OUR COMMUNITY AND BEYOND.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$140,239PYContributionsGrantsAmt
CY Contributions Grants$76,878CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$396PYOtherRevenueAmt
CY Other Revenue$13,649CYOtherRevenueAmt
PY Total Revenue$140,635PYTotalRevenueAmt
CY Total Revenue$90,527CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$32,295PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$71,767CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$29,486PYOtherExpensesAmt
CY Other Expenses$24,310CYOtherExpensesAmt
PY Total Expenses$61,781PYTotalExpensesAmt
CY Total Expenses$96,077CYTotalExpensesAmt
PY Revenues Less Expenses$78,854PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,550CYRevenuesLessExpensesAmt
Total Assets BOY$1,189,119TotalAssetsBOYAmt
Total Assets EOY$1,278,569TotalAssetsEOYAmt
Total Liabilities BOY$40,200TotalLiabilitiesBOYAmt
Total Liabilities EOY$135,200TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,148,919NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,143,369NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO RESTORE AND OPERATE THE HISTORIC AUGUSTA COLONIAL THEATER FOR THE ARTISTIC, EDUCATIONAL, AND CHARITABLE BENEFIT OF THE COMMUNITY. THE COLONIAL THEATER WILL BE A FAR-REACHING, VIABLE, RESTORED HISTORIC THEATER IN THE DOWNTOWN OF OUR STATE CAPITAL THAT WILL PROVIDE PROGRAMMING IN CULTURAL ARTS AND ENTERTAINMENT TO ENRICH THE LIVES OF PEOPLE OF ALL AGES LIVING IN OUR COMMUNITY AND BEYOND.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$96,077ExpenseAmt
DescTO RESTORE AND OPERATE THE HISTORIC COLONIAL THEATRE. OVER THE COURSE OF A FEW YEARS, COLONIAL THEATRE, INC. HAS ACCOMPLISHED THE FOLLOWING TO HELP SECURE THE INTEGRITY OF THE THEATRE FOR FUTURE WORK, AND ENSURE SUCCESS IN FUNDRAISING EFFORTS:-EMPLOYING A CONSULTING FIRM TO CONDUCT A SURVEY TO ADD THE COLONIAL THEATRE TO THE NATIONAL REGISTER OF HISTORIC PLACES-REMOVAL OF DEBRIS AND ASBESTOS-REPAIR AND REPLACE DAMAGED FLOORING-REPLACING THE ROOF TO PREVENT FURTHER DAMAGE TO THE INTERIOR-DEVELOPING A PLAN WITH FEMA TO PROTECT THE BUILDING FROM FLOOD DAMAGE-INITIATING A STRUCTURAL ANALYSIS FOR THE FLOOR-GATHERING BIDS FOR FLOOR AND SUBFLOOR RECONSTRUCTION AND THE REPLACEMENT OF TIMBERS-EVALUATING ELECTRICAL, MECHANICAL, STRUCTURAL AND CIVIL ENGINEERING PLANS FOR CONSTRUCTION FIRMS TO BID ON-HELD SPECIALTY EVENTS INSIDE THE THEATER-COMPLETE HISTORICAL RESTORATION OF FACADE AND LOBBY-BEGIN INTERIOR RESTORATION PLANS INCLUDING WORK TOWARDS 50% DESIGN DRAWINGS-RESTORATION OF EXTERIOR WINDOWS AND DOORS-BEGIN PLANNING FOR STAGE EXPANSION AND RESTORATION.Desc
Total Program Service Expenses$96,077TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBOB DUBEPersonNm
Phone2075123435PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE MARKET SQUAREAddressLine1Txt
CityAUGUSTACityNm
State AbbreviationMEStateAbbreviationCd
ZIP04330ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BOB DUBE
TREASURER5.00Yes (X)Yes (X)$0$0$0
AMANDA TAYLOR
DIRECTOR2.00Yes (X)$0$0$0
ANDREW SILSBY
CHAIR5.00Yes (X)Yes (X)$0$0$0
MICHAEL HALL
DIRECTOR2.00Yes (X)$0$0$0
GARY PEACHEY
DIRECTOR2.00Yes (X)$0$0$0
ALICIA GAUDET
VICE CHAIR/SECRETARY5.00Yes (X)Yes (X)$0$0$0
CAROLINE SABAN
DIRECTOR2.00Yes (X)$0$0$0
KAREN BOSTON
DIRECTOR2.00Yes (X)$0$0$0
CAROLINE WATTS
DIRECTOR2.00Yes (X)$0$0$0
ANDREW LEBALANC
DIRECTOR2.00Yes (X)$0$0$0
KEITH LUKE
CITY REP2.00Yes (X)$0$0$0
KATHI WALL
EXECUTIVE DIRECTOR30.00Yes (X)$30,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$30,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$125MembershipDuesAmt
All Other Contributions$76,753AllOtherContributionsAmt
Total Contributions$76,878TotalContributionsAmt
Fundraising Gross Income$26,282FundraisingGrossIncomeAmt
Fundraising Direct Expenses$12,633FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,649TotalRevenueColumnAmt
Exclusion$13,649ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$90,527TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$13,649ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Program Services$30,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$36,667TotalAmt
Program Services$36,667ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,100TotalAmt
Program Services$5,100ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,500TotalAmt
Program Services$1,500ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,775TotalAmt
Program Services$3,775ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,885TotalAmt
Program Services$2,885ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,654TotalAmt
Program Services$3,654ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,873TotalAmt
Program Services$8,873ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
WORKERS COMPENSATION EX$1,812$1,812
PAYROLL PROCESSING FEES$1,279$1,279
SECURITY SYSTEM$517$517
BANK CHARGES$15$15

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$96,077TotalAmt
Program Services$96,077ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$133,974BOYAmt
EOY$112,729EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,165,840LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,055,145BOYAmt
EOY$1,165,840EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,189,119BOYAmt
EOY$1,278,569EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$40,200BOYAmt
EOY$130,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$5,200EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$40,200BOYAmt
EOY$135,200EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,055,087BOYAmt
EOY$1,048,359EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$93,832BOYAmt
EOY$95,010EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,148,919BOYAmt
EOY$1,143,369EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,189,119BOYAmt
EOY$1,278,569EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,550ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$63,375CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$207,240CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$175,877CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$140,239CurrentTaxYearMinus1YearAmt
Current Tax Year$76,878CurrentTaxYearAmt
Total$663,609TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$63,375CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$207,240CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$175,877CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$140,239CurrentTaxYearMinus1YearAmt
Current Tax Year$76,878CurrentTaxYearAmt
Total$663,609TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$158,495SubstantialContributorsTotAmt
Public Support Total170$505,114PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$407CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$575CurrentTaxYearMinus1YearAmt
Total$991TotalAmt
FieldValueIRS element (for citing)
Total Support$664,600TotalSupportAmt
Gross Receipts Rltd Activities$114,745GrossReceiptsRltdActivitiesAmt
Public Support CY1700.76000PublicSupportCY170Pct
Public Support PY1700.68330PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,638InvestmentCostOrOtherBasisAmt
Book Value$1,638BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,148,902InvestmentCostOrOtherBasisAmt
Book Value$1,148,902BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$15,300InvestmentCostOrOtherBasisAmt
Book Value$15,300BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,165,840TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PART X, LINE 1FormAndLineReferenceDesc
ExplanationANDREW SILSBY SERVES ON THE BOARD OF DIRECTORS OF AUGUSTA BOARD OF TRADE (ABOT) AND THE COLONIAL THEATER. THE COLONIAL THEATER ENTERED INTO A NOTE PAYABLE WITH ABOT DURING 2022. TERMS OF THE NOTE PAYABLE ARE FOR A TOTAL AMOUNT OF $130,000 AT A RATE OF 3.50% TO BE PAID ON A QUARTERLY BASIS WITH DRAWS AS NEEDED TO FUND SURVEY AND DESIGN COSTS AS INCURRED. THE ENTIRE BALANCE OF THE NOTE IS DUE MAY 20, 2027 AND IS SECURED BY A MORTGAGE DEED ON THE THEATER. THE BALANCE OUTSTANDING AS OF DECEMBER 31, 2023 WAS $130,000.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1MIND READEREvent1Nm
Gross Receipts Event1$15,589GrossReceiptsEvent1Amt
Gross Revenue Event1$15,589GrossRevenueEvent1Amt
Other Direct Expenses Event1$7,853OtherDirectExpensesEvent1Amt
Event2SILENT MOVIE FESTIVALEvent2Nm
Gross Receipts Event2$5,725GrossReceiptsEvent2Amt
Gross Revenue Event2$5,725GrossRevenueEvent2Amt
Other Direct Expenses Event2$2,300OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$4,968GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$4,968GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$2,480OthDirectExpnssOtherEventsAmt
Gross Receipts Total$26,282GrossReceiptsTotalAmt
Gross Revenue Total Events$26,282GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$12,633OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$12,633DirectExpenseSummaryEventsAmt
Net Income Summary$13,649NetIncomeSummaryAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonANDREW SILSBYPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionANDREW SILSBY IS THE VICE PRESIDENT OF THE BOARD OF DIRECTORSRelationshipDescriptionTxt
TransactionANDREW SILSBY IS THE PRESIDENT AND CEO OF KENNEBEC SAVINGS BANK (KSB). THE COLONIAL THEATER HAS A LINE OF CREDIT WITH KSB. THE OUTSTANDING BALANCE ON THE LINE OF CREDIT AS OF DECEMBER 31, 2023 WAS $5,200. ANDREW SILSBY ABSTAINS FROM ANY DISCUSSION AND VOTING PERTAINING TO THE LINE OF CREDIT.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND A COPY PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 18FORM 990 IS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

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