2024-10-08T09:39:08-05:00 2023-12-31 390758449 WIPFLI LLP 1 MARKET SQUARE AUGUSTA ME 043304637 990 2023-01-01 272159587 COLONIAL THEATER INC COLO 2072093525 PO BOX 2267 AUGUSTA ME 043382267 CATHY MILOJEVIC-KAEY INTERIM EXECUTIVE DIRECTOR 2072093525 2024-10-08 1 0 BOB DUBE CPA P01231018 2076224766 2024-10-08 2023 2024-10-15 13:58:12Z CATHY MILOJEVIC-KAEY PO BOX 2267 AUGUSTA ME 043382267 103160 0 X WWW.AUGUSTACOLONIALTHEATER.COM X 1955 ME TO 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. 10 10 2 15 0 0 140239 76878 0 0 0 0 396 13649 140635 90527 0 0 0 0 32295 71767 0 0 0 29486 24310 61781 96077 78854 -5550 1189119 1278569 40200 135200 1148919 1143369 X TO 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. 0 0 96077 TO 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. 96077 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X BOB DUBE 2075123435 ONE MARKET SQUARE AUGUSTA ME 04330 BOB DUBE TREASURER 5.00 X X 0 0 0 AMANDA TAYLOR DIRECTOR 2.00 X 0 0 0 ANDREW SILSBY CHAIR 5.00 X X 0 0 0 MICHAEL HALL DIRECTOR 2.00 X 0 0 0 GARY PEACHEY DIRECTOR 2.00 X 0 0 0 ALICIA GAUDET VICE CHAIR/SECRETARY 5.00 X X 0 0 0 CAROLINE SABAN DIRECTOR 2.00 X 0 0 0 KAREN BOSTON DIRECTOR 2.00 X 0 0 0 CAROLINE WATTS DIRECTOR 2.00 X 0 0 0 ANDREW LEBALANC DIRECTOR 2.00 X 0 0 0 KEITH LUKE CITY REP 2.00 X 0 0 0 KATHI WALL EXECUTIVE DIRECTOR 30.00 X 30000 0 0 30000 0 0 0 0 0 0 0 125 76753 76878 26282 12633 13649 13649 90527 0 0 13649 30000 30000 36667 36667 5100 5100 1500 1500 3775 3775 2885 2885 3654 3654 8873 8873 WORKERS COMPENSATION EX 1812 1812 PAYROLL PROCESSING FEES 1279 1279 SECURITY SYSTEM 517 517 BANK CHARGES 15 15 96077 96077 0 0 133974 112729 1165840 0 1055145 1165840 1189119 1278569 40200 130000 5200 40200 135200 X 1055087 1048359 93832 95010 1148919 1143369 1189119 1278569 -5550 0 X 0 0 0 X 63375 207240 175877 140239 76878 663609 63375 207240 175877 140239 76878 663609 158495 505114 407 9 575 991 664600 114745 0.76000 0.68330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1638 1638 1148902 1148902 15300 15300 1165840 SCHEDULE D, PART X, LINE 1 ANDREW 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. MIND READER 15589 15589 7853 SILENT MOVIE FESTIVAL 5725 5725 2300 3 4968 4968 2480 26282 26282 12633 12633 13649 ANDREW SILSBY ANDREW SILSBY IS THE VICE PRESIDENT OF THE BOARD OF DIRECTORS ANDREW 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. 0 FORM 990, PART VI, SECTION B, LINE 11B THE 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 18 FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.