2023-05-04T08:38:03-05:00 2022-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2021-07-01 043781645 CAROLINA THEATRE OF GREENSBORO INC CARO 3363332600 310 SOUTH GREENE STREET GREENSBORO NC 27401 BRIAN GRAY EXECUTIVE DIRECTOR 3363332600 2023-05-03 1 BRIAN GRAY 999009999 OLGA OGANESOV P01279668 3362944494 2023-05-02 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BRIAN GRAY 310 SOUTH GREENE STREET GREENSBORO NC 27401 1800670 0 X WWW.CAROLINATHEATRE.COM X 2003 NC PROMOTE ARTS IN THE COMMUNITY. 26 26 52 73 8795 5133 900762 1092178 40593 323100 -286 859 135936 303694 1077005 1719831 0 0 0 0 157558 467750 0 0 115800 655761 951336 813319 1419086 263686 300745 7293869 7490983 195531 170798 7098338 7320185 X 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. 0 0 1094457 381140 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". 1094457 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 16 0 1 52 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X BRIAN GRAY 3363332600 310 SOUTH GREENE STREET GREENSBORO NC 27401 ROBERT M PEDDRICK CHAIR 10.00 X X 0 0 0 ALTINA LAYMAN VICE-CHAIR/CHAIR-ELECT 1.00 X X 0 0 0 JESSICA MASHBURN VICE-CHAIR 3.00 X X 0 0 0 DAVID TAYLOR VICE-CHAIR 3.00 X X 0 0 0 M TAYLOR BUTLER SECRETARY 1.00 X X 0 0 0 JIM EVERHART TREASURER 1.00 X X 0 0 0 BETTY CONE HONORARY CHAIR 1.00 X X 0 0 0 RANDY F SPIVEY IMMEDIATE PAST CHAIR 1.00 X 0 0 0 TOBY WILLIAMS DIRECTOR 1.00 X 0 0 0 CHARLIE BRUMMITT DIRECTOR 1.00 X 0 0 0 ELEANOR SCHAFFNER-MOSH DIRECTOR 1.00 X 0 0 0 DAWN S CHANEY DIRECTOR 1.00 X 0 0 0 ASHLEY CONE DIRECTOR 1.00 X 0 0 0 CAROLYN GREEN DIRECTOR 1.00 X 0 0 0 PAUL MENGERT DIRECTOR 1.00 X 0 0 0 SCOTT MICHAELS DIRECTOR 1.00 X 0 0 0 EDWARD ROBINSON JR DIRECTOR 1.00 X 0 0 0 JACE STRANDBERG DIRECTOR 1.00 X 0 0 0 ROBERT THURSTON DIRECTOR 1.00 X 0 0 0 DON VAUGHAN DIRECTOR 1.00 X 0 0 0 STEVE FREYALDENHOVEN DIRECTOR 1.00 X 0 0 0 REGINIA GLASPIE DIRECTOR 1.00 X 0 0 0 COOPER HARRELL DIRECTOR 1.00 X 0 0 0 DAVIS MCDONALD DIRECTOR 1.00 X 0 0 0 DAWN WEATHERSPOON DIRECTOR 1.00 X 0 0 0 ALICIA WILLIAMS DIRECTOR 1.00 X 0 0 0 BRIAN GRAY EXECUTIVE DIRECTOR 40.00 X 90000 0 4500 90000 0 4500 0 0 0 0 CT WILSON CONSTRUCTION COMPANY 150 GOLDEN CIRCLE DURHAM NC 27705 CONSTRUCTION SERVICES 403938 1 106134 765274 220770 1092178 CT PRESENTS 711110 98033 98033 RESTORATION FEES 711110 80602 80602 BOX OFFICE REVENUE 711110 78197 78197 PRODUCTION SERVICES 711110 35523 35523 FILMS REVENUE 711110 30745 30745 323100 859 859 236859 0 236859 236859 236859 136754 80839 55915 55915 PARKING LOT INCOME 812930 8795 8795 MISCELLANEOUS INCOME 900099 2125 2125 10920 1719831 381140 8795 237718 X 110250 74550 22050 13650 262803 167134 63240 32429 56948 38187 10449 8312 37749 27557 4907 5285 19711 19711 5560 4726 278 556 41453 28245 10787 2421 114182 92120 15162 6900 625 625 338875 304954 33921 26415 20578 3380 2457 UNRELATED BUSINESS INCO 1117 319 798 CT PRESENTS 116270 116270 BOX OFFICE EXPENSES 90852 90852 MISCELLANEOUS 50738 165 11446 39127 145538 128800 12075 4663 1419086 1094457 208829 115800 2848 2848 368036 469180 103325 199519 347870 147594 10071122 3425139 6441547 6645983 30243 25859 7293869 7490983 84083 61972 44100 108826 67348 0 195531 170798 X 6809073 7283160 289265 37025 7098338 7320185 7293869 7490983 X 300745 -4684 -74214 X 0 1 X 1 0 X 1011971 677538 314613 900795 1092178 3997095 1011971 677538 314613 900795 1092178 3997095 120727 3876368 362325 302338 235603 122959 237718 1260943 9165 8958 7465 10700 6765 43053 3839 1701 312 955 2125 8932 5310023 3197996 0.73000 0.63890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 691000 691000 8461286 3056270 5405016 918836 368869 549967 6645983 X 1715372 -4684 -4684 1720056 -225 -225 1719831 1493525 80839 80839 1412686 6400 6400 1419086 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. 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. CAROLINA THEATRE BUILDING LLC 310 SOUTH GREENE STREET GREENSBORO NC 27401 BUILDING NC 5405016 N/A