CAROLINA THEATRE OF GREENSBORO INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: CAROLINA THEATRE OF GREENSBORO INC (EIN 04-3781645)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-05-04
IRS object ID: 202331249349300443
Schema version: 2021v4.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-04T08:38:03-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	560571159	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BERNARD ROBINSON & COMPANY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 19608	AddressLine1Txt
City	GREENSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	274199608	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	043781645	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAROLINA THEATRE OF GREENSBORO INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CARO	BusinessNameControlTxt
Phone	3363332600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	310 SOUTH GREENE STREET	AddressLine1Txt
City	GREENSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27401	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRIAN GRAY	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	3363332600	PhoneNum
Signature	2023-05-03	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	BRIAN	PersonFirstNm
Person Last	GRAY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	OLGA OGANESOV	PreparerPersonNm
PTIN	P01279668	PTIN
Phone	3362944494	PhoneNum
Preparation	2023-05-02	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BRIAN GRAY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	310 SOUTH GREENE STREET	AddressLine1Txt
City	GREENSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27401	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,800,670	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.CAROLINATHEATRE.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2003	FormationYr
Legal Domicile State	NC	LegalDomicileStateCd
Activity Or Mission	PROMOTE ARTS IN THE COMMUNITY.	ActivityOrMissionDesc
Voting Members Governing Body	26	VotingMembersGoverningBodyCnt
Voting Members Independent	26	VotingMembersIndependentCnt
Total Employee	52	TotalEmployeeCnt
Total Volunteers	73	TotalVolunteersCnt
Total Gross UBI	$8,795	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$5,133	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$900,762	PYContributionsGrantsAmt
CY Contributions Grants	$1,092,178	CYContributionsGrantsAmt
PY Program Service Revenue	$40,593	PYProgramServiceRevenueAmt
CY Program Service Revenue	$323,100	CYProgramServiceRevenueAmt
PY Investment Income	-$286	PYInvestmentIncomeAmt
CY Investment Income	$859	CYInvestmentIncomeAmt
PY Other Revenue	$135,936	PYOtherRevenueAmt
CY Other Revenue	$303,694	CYOtherRevenueAmt
PY Total Revenue	$1,077,005	PYTotalRevenueAmt
CY Total Revenue	$1,719,831	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$157,558	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$467,750	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$115,800	CYTotalFundraisingExpenseAmt
PY Other Expenses	$655,761	PYOtherExpensesAmt
CY Other Expenses	$951,336	CYOtherExpensesAmt
PY Total Expenses	$813,319	PYTotalExpensesAmt
CY Total Expenses	$1,419,086	CYTotalExpensesAmt
PY Revenues Less Expenses	$263,686	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$300,745	CYRevenuesLessExpensesAmt
Total Assets BOY	$7,293,869	TotalAssetsBOYAmt
Total Assets EOY	$7,490,983	TotalAssetsEOYAmt
Total Liabilities BOY	$195,531	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$170,798	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,098,338	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$7,320,185	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE HISTORIC AND ARCHITECTURALLY SIGNIFICANT CAROLINA THEATRE PRESERVES AN IMPORTANT PART OF HISTORY; PROVIDES THE GREATER GREENSBORO COMMUNITY WITH A STATE-OF-THE-ART ENTERTAINMENT, CULTURAL, AND ASSEMBLY FACILITY; PRESENTS CULTURALLY DIVERSE PROGRAMS; PROVIDES EDUCATIONAL OPPORTUNITIES; AND SUPPORTS A VIBRANT DOWNTOWN.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,094,457	ExpenseAmt
Revenue	$381,140	RevenueAmt
Desc	CAROLINA THEATRE IS A FULLY FUNCTIONING PERFORMING ARTS FACILITY. IT PRESENTS A VARIETY OF LIVE PERFORMANCES BY LOCAL PERFORMING ARTS GROUPS AND CELEBRITY ENTERTAINERS. CAROLINA THEATRE'S MANTRA IS "PRESENTING ARTS - PRESERVING HISTORY".	Desc
Total Program Service Expenses	$1,094,457	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	16	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	52	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	26	GoverningBodyVotingMembersCnt
Independent Voting Member	26	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BRIAN GRAY	PersonNm
Phone	3363332600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	310 SOUTH GREENE STREET	AddressLine1Txt
City	GREENSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27401	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ROBERT M PEDDRICK
CHAIR	10.00	Yes (X)	Yes (X)	$0	$0	$0
ALTINA LAYMAN
VICE-CHAIR/CHAIR-ELECT	1.00	Yes (X)	Yes (X)	$0	$0	$0
JESSICA MASHBURN
VICE-CHAIR	3.00	Yes (X)	Yes (X)	$0	$0	$0
DAVID TAYLOR
VICE-CHAIR	3.00	Yes (X)	Yes (X)	$0	$0	$0
M TAYLOR BUTLER
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
JIM EVERHART
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
BETTY CONE
HONORARY CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
RANDY F SPIVEY
IMMEDIATE PAST CHAIR	1.00	Yes (X)		$0	$0	$0
TOBY WILLIAMS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CHARLIE BRUMMITT
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ELEANOR SCHAFFNER-MOSH
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DAWN S CHANEY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ASHLEY CONE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CAROLYN GREEN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
PAUL MENGERT
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SCOTT MICHAELS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
EDWARD ROBINSON JR
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JACE STRANDBERG
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ROBERT THURSTON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DON VAUGHAN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
STEVE FREYALDENHOVEN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
REGINIA GLASPIE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
COOPER HARRELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DAVIS MCDONALD
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DAWN WEATHERSPOON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ALICIA WILLIAMS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BRIAN GRAY
EXECUTIVE DIRECTOR	40.00		Yes (X)	$90,000	$0	$4,500

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$90,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$4,500	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CT WILSON CONSTRUCTION COMPANY	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	150 GOLDEN CIRCLE	AddressLine1Txt
City	DURHAM	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27705	ZIPCd

Field	Value	IRS element (for citing)
Services	CONSTRUCTION SERVICES	ServicesDesc
Compensation	$403,938	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Membership Dues	$106,134	MembershipDuesAmt
Government Grants	$765,274	GovernmentGrantsAmt
All Other Contributions	$220,770	AllOtherContributionsAmt
Total Contributions	$1,092,178	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CT PRESENTS	711110	$98,033	$98,033
RESTORATION FEES	711110	$80,602	$80,602
BOX OFFICE REVENUE	711110	$78,197	$78,197
PRODUCTION SERVICES	711110	$35,523	$35,523
FILMS REVENUE	711110	$30,745	$30,745

Field	Value	IRS element (for citing)
Total Program Service Revenue	$323,100	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$859	TotalRevenueColumnAmt
Exclusion	$859	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$236,859	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$236,859	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$236,859	TotalRevenueColumnAmt
Exclusion	$236,859	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$136,754	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$80,839	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$55,915	TotalRevenueColumnAmt
Related Or Exempt Func Income	$55,915	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PARKING LOT INCOME	812930	$8,795	$8,795
MISCELLANEOUS INCOME	900099	$2,125		$2,125

Field	Value	IRS element (for citing)
Other Revenue Total	$10,920	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,719,831	TotalRevenueColumnAmt
Related Or Exempt Func Income	$381,140	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$8,795	UnrelatedBusinessRevenueAmt
Exclusion	$237,718	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$110,250	TotalAmt
Program Services	$74,550	ProgramServicesAmt
Management And General	$22,050	ManagementAndGeneralAmt
Fundraising	$13,650	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$262,803	TotalAmt
Program Services	$167,134	ProgramServicesAmt
Management And General	$63,240	ManagementAndGeneralAmt
Fundraising	$32,429	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$56,948	TotalAmt
Program Services	$38,187	ProgramServicesAmt
Management And General	$10,449	ManagementAndGeneralAmt
Fundraising	$8,312	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$37,749	TotalAmt
Program Services	$27,557	ProgramServicesAmt
Management And General	$4,907	ManagementAndGeneralAmt
Fundraising	$5,285	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$19,711	TotalAmt
Management And General	$19,711	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$5,560	TotalAmt
Program Services	$4,726	ProgramServicesAmt
Management And General	$278	ManagementAndGeneralAmt
Fundraising	$556	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$41,453	TotalAmt
Program Services	$28,245	ProgramServicesAmt
Management And General	$10,787	ManagementAndGeneralAmt
Fundraising	$2,421	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$114,182	TotalAmt
Program Services	$92,120	ProgramServicesAmt
Management And General	$15,162	ManagementAndGeneralAmt
Fundraising	$6,900	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$625	TotalAmt
Management And General	$625	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$338,875	TotalAmt
Program Services	$304,954	ProgramServicesAmt
Management And General	$33,921	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$26,415	TotalAmt
Program Services	$20,578	ProgramServicesAmt
Management And General	$3,380	ManagementAndGeneralAmt
Fundraising	$2,457	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
UNRELATED BUSINESS INCO	$1,117	$319	$798
CT PRESENTS	$116,270	$116,270
BOX OFFICE EXPENSES	$90,852	$90,852
MISCELLANEOUS	$50,738	$165	$11,446	$39,127

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$145,538	TotalAmt
Program Services	$128,800	ProgramServicesAmt
Management And General	$12,075	ManagementAndGeneralAmt
Fundraising	$4,663	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,419,086	TotalAmt
Program Services	$1,094,457	ProgramServicesAmt
Management And General	$208,829	ManagementAndGeneralAmt
Fundraising	$115,800	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,848	BOYAmt
EOY	$2,848	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$368,036	BOYAmt
EOY	$469,180	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$103,325	BOYAmt
EOY	$199,519	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$347,870	BOYAmt
EOY	$147,594	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$10,071,122	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,425,139	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$6,441,547	BOYAmt
EOY	$6,645,983	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$30,243	BOYAmt
EOY	$25,859	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,293,869	BOYAmt
EOY	$7,490,983	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$84,083	BOYAmt
EOY	$61,972	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$44,100	BOYAmt
EOY	$108,826	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$67,348	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$195,531	BOYAmt
EOY	$170,798	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,809,073	BOYAmt
EOY	$7,283,160	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$289,265	BOYAmt
EOY	$37,025	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,098,338	BOYAmt
EOY	$7,320,185	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,293,869	BOYAmt
EOY	$7,490,983	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$300,745	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$4,684	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$74,214	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,011,971	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$677,538	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$314,613	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$900,795	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,092,178	CurrentTaxYearAmt
Total	$3,997,095	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,011,971	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$677,538	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$314,613	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$900,795	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,092,178	CurrentTaxYearAmt
Total	$3,997,095	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$120,727	SubstantialContributorsTotAmt
Public Support Total170	$3,876,368	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$362,325	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$302,338	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$235,603	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$122,959	CurrentTaxYearMinus1YearAmt
Current Tax Year	$237,718	CurrentTaxYearAmt
Total	$1,260,943	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$9,165	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$8,958	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,465	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,700	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,765	CurrentTaxYearAmt
Total	$43,053	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,839	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,701	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$312	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$955	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,125	CurrentTaxYearAmt
Total	$8,932	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$5,310,023	TotalSupportAmt
Gross Receipts Rltd Activities	$3,197,996	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.73000	PublicSupportCY170Pct
Public Support PY170	0.63890	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$691,000	OtherCostOrOtherBasisAmt
Book Value	$691,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,461,286	OtherCostOrOtherBasisAmt
Depreciation	$3,056,270	DepreciationAmt
Book Value	$5,405,016	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$918,836	OtherCostOrOtherBasisAmt
Depreciation	$368,869	DepreciationAmt
Book Value	$549,967	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$6,645,983	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,715,372	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$4,684	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$4,684	RevenueNotReportedAmt
Revenue Subtotal	$1,720,056	RevenueSubtotalAmt
Other Revenues Not Included	-$225	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$225	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,719,831	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,493,525	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$80,839	OtherExpensesIncludedAmt
Expenses Not Reported	$80,839	ExpensesNotReportedAmt
Expenses Subtotal	$1,412,686	ExpensesSubtotalAmt
Other Expenses Not Included	$6,400	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$6,400	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,419,086	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	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 2022 AND 2021.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE -80,839. PAYCHECK PROTECTION PROGRAM LOAN FORGIVEN IN CURRENT YEAR 74,214. ERC PREPARATION EXPENSE 6,400.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE 80,839.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	ERC PREPARATION EXPENSE 6,400.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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.
FORM 990, PART IX, LINE 24E	LABOR EXPENSES: PROGRAM SERVICE EXPENSES 46,806. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,806. EQUIPMENT REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 26,020. MANAGEMENT AND GENERAL EXPENSES 2,188. FUNDRAISING EXPENSES 105. TOTAL EXPENSES 28,313. PRODUCTION SERVICES: PROGRAM SERVICE EXPENSES 25,267. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,267. FILMS EXPENSE: PROGRAM SERVICE EXPENSES 20,568. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,568. GENERAL AND ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 7,356. MANAGEMENT AND GENERAL EXPENSES 5,895. FUNDRAISING EXPENSES 1,726. TOTAL EXPENSES 14,977. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,480. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,480. PROFESSIONAL ORGANIZATION: PROGRAM SERVICE EXPENSES 1,726. MANAGEMENT AND GENERAL EXPENSES 247. FUNDRAISING EXPENSES 493. TOTAL EXPENSES 2,466. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,057. MANAGEMENT AND GENERAL EXPENSES 1,057. FUNDRAISING EXPENSES 235. TOTAL EXPENSES 2,349. MEMBERSHIP AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,104. TOTAL EXPENSES 2,104. CHRISTMAS AT THE CAROLINA: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 208. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 208.
FORM 990, PART XI, LINE 9:	FORGIVEN PAYCHECK PROTECTION PROGRAM LOAN -74,214.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	CAROLINA THEATRE BUILDING LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	310 SOUTH GREENE STREET	AddressLine1Txt
City	GREENSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27401	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	BUILDING	PrimaryActivitiesTxt
Legal Domicile State	NC	LegalDomicileStateCd
End Of Year Assets	$5,405,016	EndOfYearAssetsAmt
Direct Controlling NA	N/A	DirectControllingNACd