2023-09-14T09:21:51-05:00 2022-10-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2021-11-01 680490220 STATE THEATRE INC STAT 8142720606 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 KIRK LARTER TREASURER 8142720606 2023-09-13 1 KIRK LARTER XXX-XX-XXXX KERRI N BOGDA CPA P00760402 8142376586 2023-09-13 X 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JAY BARTLETT 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 1414573 0 X WWW.THESTATETHEATRE.ORG X 2001 PA COMMUNITY PERFORMING ARTS CENTER. 8 8 33 40 0 0 717437 689712 174015 629649 3064 6026 12519 66729 907035 1392116 0 31397 0 0 191519 432611 0 0 32661 545475 883180 736994 1347188 170041 44928 5870793 5639231 3985029 3708539 1885764 1930692 X THE STATE THEATRE IS A NON-PROFIT, PERFORMING ARTS CENTER WHOSE MISSION IS TO ENTERTAIN, ENRICH, EDUCATE, AND INSPIRE. 0 0 1025965 31397 629649 THE STATE THEATRE OPENED IN DECEMBER 2006 AS A COMMUNITY OWNED AND OPERATED PERFORMING ARTS CENTER. WE ARE LOCATED IN DOWNTOWN STATE COLLEGE, ACROSS THE STREET FROM PENN STATE UNIVERSITY. WE ENRICH THE COMMUNITY'S CULTURAL OPPORTUNITIES WITH DIVERSE LOCAL AND REGIONAL PERFORMANCES, NATIONAL TOURING ACTS, SIMULCASTS OF METROPOLITAN OPERA PERFORMANCES, AND INDEPENDENT, CLASSIC, AND FOREIGN FILMS. IN FY 22 OVER 6,200 PATRONS EXPERIENCED 18 NATIONAL TOURING ACTS, 43 PRESENTATIONS OF LOCAL PERFORMING ARTS GROUPS, 68 DIVERSE MOVIE SHOWINGS, AND 15 METROPOLITAN OPERA PERFORMANCES. THE THEATRE WAS UTILIZED AN ADDITIONAL 104 TIMES BY VARIOUS COMMUNITY ORGANIZATIONS SUCH AS CHILDREN'S DANCE ENSEMBLES, THE LOCAL ORCHESTRA, HIGH SCHOOL DRAMA GROUPS, IMPROV COMEDY ENSEMBLES, PUPPETEERS, AS WELL AS UNIVERSITY-HOSTED SYMPOSIUMS AND UNDERGRADUATE CLASSES IN THEATER AND CINEMA. 1025965 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 PA X DANIELLE NATTERMANN ACCOUNTANT 8142720606 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 JAY BARTLETT PRESIDENT 5.00 X X 0 0 0 MARY WUJEK VICE CHAIR 5.00 X X 0 0 0 ELIZABETH YODER IMMEDIATE PAST PRESIDENT & SECRETARY 5.00 X X 0 0 0 RICHARD J WISNIEWSKI TREASURER 5.00 X X 0 0 0 MATT JORDAN DIRECTOR 5.00 X 0 0 0 KURT BERNIER DIRECTOR 5.00 X 0 0 0 AMY FRANK DIRECTOR 5.00 X 0 0 0 ADAM MCMILLEN DIRECTOR 5.00 X 0 0 0 CHRIS HEINZ DIRECTOR (UNTIL 5/31/2022) 5.00 X 0 0 0 DAVE DEFILIPPIS DIRECTOR (UNTIL 3/19/2022) 5.00 X 0 0 0 JOHN RATTIE PRODUCTION/GENERAL MANAGER 40.00 X 26610 0 735 26610 0 735 0 0 0 0 0 34952 517297 137463 689712 TICKET SALES & FEES 711110 476237 476237 OTHER EVENT RELATED IN 711110 153412 153412 629649 6026 6026 7200 0 7200 7200 7200 81836 22457 59379 59379 OTHER INCOME 900099 150 150 150 1392116 629649 0 72755 31397 31397 64084 64084 321108 220288 74804 26016 13574 6787 6787 33845 17202 14017 2626 6100 6100 8843 1795 6836 212 21348 21348 50621 15499 35122 55099 44079 11020 84875 67900 16975 192113 153690 38423 22367 14986 7381 SHOW EXPENSES 408530 408530 REPAIRS & MAINTENANCE 28080 22464 5616 DEVELOPMENT 5204 1397 3807 1347188 1025965 288562 32661 302168 263032 700000 704410 2600 4357 3210 756 39297 10866 7878529 3222719 4823518 4655810 5870793 5639231 14190 34673 513320 178560 2102145 2098592 1355374 1396714 3985029 3708539 X 1865764 1910692 20000 20000 1885764 1930692 5870793 5639231 44928 0 X 1 X 0 1 0 X 191897 251279 338372 717437 689712 2188697 191897 251279 338372 717437 689712 2188697 2188697 92 765 1238 7513 13226 22834 1661 2018 81986 85665 2297196 3646729 0.95280 0.98230 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 1,661. 2020 AMOUNT: $ 2,018. 2021 AMOUNT: $ 150. CONCESSION REVENUE - 2021 AMOUNT: $ 81,836. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 600000 600000 6544110 2580657 3963453 734419 642062 92357 4655810 ACCRUED INTEREST 1183213 CONSTRUCTION PAYABLES 213501 1396714 X 1428853 14280 14280 1414573 -22457 -22457 1392116 1383925 14280 22457 36737 1347188 0 1347188 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONCESSION EXPENSES -22,457. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSION EXPENSES 22,457. 1 CENTRE FOUNDATION 1377 RIDGE MASTER DRIVE STATE COLLEGE PA 16803 251782197 501(C)(3) 30000 0 GENERAL SUPPORT 1 0 PART I, LINE 2: DONATIONS ARE INFREQUENT AND TYPICALLY ARISE FROM COMMUNITY PARTNERSHIPS RELATED TO EVENTS WE HOST. WE DONATE A PORTION OF THE PROCEEDS. WHILE IMPORTANT TO THE RECIPIENTS, THESE TRANSACTIONS ARE TYPICALLY NOT MATERIAL AND WE PERFORM NO FOLLOW-UPS TO MONITOR HOW THE FUNDS ARE USED. DONATIONS TO CENTRE FOUNDATION WERE ESSENTIALLY DONATIONS TO OURSELVES. THEY FUNDED TWO ENDOWMENTS AT CENTRE FOUNDATION FOR THE BENEFIT OF STATE THEATRE. WE MADE THE DONATIONS BECAUSE CENTRE FOUNDATION MATCHED THEM. FORM 990, PART VI, SECTION A, LINE 8B NO DECISIONS BY A COMMITTEE ARE BINDING TO THE BOARD OF DIRECTORS. COMMITTEES ARE ADVISORY ONLY. THUS, MINUTES OF EVERY MEETING OF EVERY COMMITTEE ARE NOT MAINTAINED. FORM 990, PART VI, SECTION B, LINE 11B OUR PROCESS IS THE ACCOUNTANT COMPLETES THE 990 INFORMATIONAL CHECKLIST. THE DRAFT 990 FORM IS PROVIDED TO THE FINANCE COMMITTEE AND THEN THE DRAFT FORM IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE INDEPENDENT DIRECTORS POLICY AND DUTY OF LOYALTY AND CONFLICT OF INTEREST POLICY DEFINE THE PERSONAL, FAMILY, AND BUSINESS RELATIONSHIPS WHICH MAY GIVE RISE TO CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO ANNUALLY CONFIRM IN WRITING THE ABSENCE OF CONFLICTS OF INTEREST OR TO DISCLOSE EXISTING CONFLICTS. THE PRESIDENT RECEIVES THE DISCLOSURES AND FORWARDS THEM TO THE SECRETARY WHO REPORTS CONFLICTS TO THE BOARD. MEMBERS ARE REQUIRED TO REPORT NEW CONFLICTS THAT ARISE BETWEEN ANNUAL REPORTS. CONFLICTED MEMBERS DO NOT PARTICIPATE IN DISCUSSIONS AND VOTES ON MATTERS IN WHICH THEY ARE CONFLICTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AT THE THEATRE'S MAIN OFFICE.