2022-06-08T12:41:04-05:00 2021-08-31 351939627 BADEN GAGE & SCHROEDER LLC 6920 POINTE INVERNESS WAY 300 FORT WAYNE IN 468047926 990 2020-09-01 237355731 EMBASSY THEATRE FOUNDATION INC EMBA 2604246287 125 WEST JEFFERSON BLVD FORT WAYNE IN 46802 SUSAN WESNER TREASURER 2604246287 2022-05-26 true SUSAN WESNER 999009999 BRIAN D BOWMAN CPA P00540295 2604222551 2022-06-08 2020 2022-09-23 18:48:47Z CASEY KEIRN 125 WEST JEFFERSON BLVD FORT WAYNE IN 46802 3269356 false X WWW.FWEMBASSYTHEATRE.ORG X THE EMBASSY THEATRE ENRICHES THE CULTURAL LIFE OF THE REGION BY PROVIDING A WIDE RANGE OF ARTS AND ENTERTAINMENT EXPERIENCES IN A HISTORIC VENUE. 18 18 37 110 0 1023911 2225864 1698324 567329 61343 152540 183508 46870 2967086 2992603 0 0 1170623 1042002 0 215880 2493396 1715919 3664019 2757921 -696933 234682 18131806 19011022 1145505 1676531 16986301 17334491 THE EMBASSY THEATRE ENRICHES THE CULTURAL LIFE OF THE REGION BY PROVIDING A WIDE RANGE OF ARTS AND ENTERTAINMENT EXPERIENCES IN A HISTORIC VENUE. false false 2141790 TO PRESERVE AND MAINTAIN ONE OF THE LARGEST HISTORIC THEATRES IN THE STATE OF INDIANA THROUGH QUALITY STAGE PERFORMANCES BY NATIONAL AND LOCAL ORGANIZATIONS AS WELL AS RENTAL OF THE BUILDING, INCLUDING THE HISTORIC INDIANA HOTEL, FOR ALL TYPES OF FUNCTIONS. 2141790 true true false false false false false false false true true false false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 33 0 37 true false false false false false true true false false false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true true false IN X X KELLY UPDIKE 2604246287 125 WEST JEFFERSON BLVD FORT WAYNE IN 46802 KELLY UPDIKE PRESIDENT AN 50.00 X 119268 0 10372 WHITNEY BANDEMER DIRECTOR 1.00 X 0 0 0 MIKE BYNUM DIRECTOR 1.00 X 0 0 0 ELIZABETH FREDERICK SECRETARY 1.00 X X 0 0 0 CHRISTINA GIBB DIRECTOR 1.00 X 0 0 0 LISA GIVAN DIRECTOR 1.00 X 0 0 0 ANGELA GRANT DIRECTOR 1.00 X 0 0 0 LEAH STRAUSS GRANT DIRECTOR 1.00 X 0 0 0 JASON JOHNSON DIRECTOR 1.00 X 0 0 0 CASEY KEIRN CHAIR 1.00 X X 0 0 0 KARA KELLEY DIRECTOR 1.00 X 0 0 0 THOMAS MARCUCCILLI DIRECTOR 1.00 X 0 0 0 ROBERT NICKERSON DIRECTOR 1.00 X 0 0 0 CHRISTOPHER NUSBAUM DIRECTOR 1.00 X 0 0 0 TRACY SHELLABARGER DIRECTOR 1.00 X 0 0 0 WALTER THOMAS SMITH DIRECTOR 1.00 X 0 0 0 JOLYNN SUKO DIRECTOR 1.00 X 0 0 0 SUSAN WESNER TREASURER 1.00 X X 0 0 0 VALENTINE WHITE-XAYARATH V CHAIR 1.00 X X 0 0 0 119268 10372 1 false false false 128229 10315 970163 1117157 7285 2225864 RENTAL INCOME 900099 176900 176900 BOX OFFICE SERVICES 900099 140685 140685 CONCESSIONS/MERCHANDISE 900099 94837 94837 THEATRE MAINT. FEES 900099 77548 77548 COMMUNITY PROGRAMS 900099 77359 77359 567329 47979 47979 297167 127488 65118 169679 -65118 104561 104561 131017 10315 84147 46870 46870 2992603 671890 94849 139191 13919 90474 34798 742069 500677 120550 120842 8555 6548 731 1276 85650 54084 17057 14509 66537 39237 15608 11692 1526 1526 28424 28424 10105 10105 87075 87075 84167 84167 20292 5116 13146 2030 58582 56824 586 1172 405028 393182 3949 7897 477 477 3110 2005 1105 782018 758536 7827 15655 65287 63328 653 1306 SHOW EXPENSES 126408 126408 FOOD AND BEVERAGE 28205 28205 STAGE EXPENSE 5897 5897 EQUIPMENT EXPENSE 5837 5662 58 117 3481 3481 2757921 2141790 400251 215880 5124 8554 2151038 3410972 501299 396182 20766 68839 17194 18131 39654 32886 22683095 9454796 13933394 13228299 1454541 1838209 8796 8950 18131806 19011022 61110 65378 930126 1592024 149900 4369 19129 1145505 1676531 X 16170933 16434735 815368 899756 16986301 17334491 18131806 19011022 X 234682 107958 5550 X false true X true false X 1099190 1190504 1241414 1023911 2225864 6780883 1503926 1640590 1812448 1698324 567329 7222617 2603116 2831094 3053862 2722235 2793193 14003500 450000 400000 230000 278500 423000 1781500 450000 400000 230000 278500 423000 1781500 12222000 26022 47160 72551 69978 47979 263690 13136 15429 54429 82994 39158 62589 126980 69978 47979 346684 167411 173387 200146 166033 30563 737540 2809685 3067070 3380988 2958246 2871735 15087724 0.81010 0.74280 0.02000 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1524945 3508 311198 1839651 1376767 28422 145307 17207 8344 1524945 1104632 240156 54801 15143 7679 1376767 969256 63605 91380 12956 6653 1104632 835130 50000 91108 6982 969256 1.00000 false false 201125 201125 20626550 8203512 12423038 1855420 1251284 604136 13228299 ACCRUED WAGES & PAYROLL WITHHOLDING 19129 19129 X 3184300 107958 2197 91647 201802 2982498 10105 10105 2992603 2836110 2197 86097 88294 2747816 10105 10105 2757921 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, UNDER CERTAIN INTERNAL REVENUE CODE REGULATIONS, PROFITABLE, UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL AND STATE TAX. THE ORGANIZATION IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION AS DETERMINED BY THE INTERNAL REVENUE SERVICE AND IS NOT SUBJECT TO INCOME TAXES. THE ACCOUNTING STANDARD WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED AUGUST 31, 2021 AND 2020. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND FORM NP-20 FOR THE STATE OF INDIANA. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2018. SCHEDULE D, PAGE 4, PART XI, LINE 2D SPECIAL EVENT/RAFFLE EXPENSE 84,147 MARKETING INCOME BOOK/TAX TIMING DIFFERENCE 7,500 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT/RAFFLE EXPENSE 84,147 BAD DEBT 1,950 FESTIVAL OF TRE 131051 8690 122361 1040 49813 MARQUEE GALA 10281 1625 8656 4189 25250 3855 141332 10315 131017 5229 25250 53668 84147 46870 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE COMMITTEE AND MANAGEMENT OF THE ORGANIZATION. APPROVAL OF THE 990 IS THE RESPONSIBILITY OF THE FINANCE COMMITTEE. THE FORM 990 IS PRESENTED TO THE FULL BOARD OF DIRECTORS BOTH VIA EMAIL AND AT THE BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS AND STAFF MEMBERS FILL OUT A CONFLICT OF INTEREST FORM EACH YEAR. THE FORMS ARE REVIEWED BY THE GOVERNANCE COMMITTEE. IF THERE IS AN ISSUE TO BE ADDRESSED, THE GOVERNANCE COMMITTEE WILL DETERMINE APPROPRIATE NEXT STEPS, WHICH ARE LISTED IN A PROCEDURAL DOCUMENT. FORM 990, PAGE 6, PART VI, LINE 15A BOARD MEMBERS RESEARCH THE JOB DESCRIPTION AND COMPENSATION FOR THE PRESIDENT AND CEO VIA REVIEW OF SIMILAR NATIONAL AND LOCAL DATA AND DISCUSSIONS WITH THOSE IN SIMILAR POSITIONS. JOB DESCRIPTIONS AND SALARY RANGES ARE COMPLETED AFTER A REVIEW OF NATIONAL AND LOCAL DATA, INCLUDING SIMILAR POSITIONS AND ORGANIZATIONS. RESOURCES SUCH AS BOARD SOURCE, LEAGUE OF HISTORIC AMERICAN THEATRES, HR ORGANIZATIONS AND OTHERS ARE USED. FORM 990, PAGE 6, PART VI, LINE 15B AT THIS TIME, OFFICERS OTHER THAN THE EXECUTIVE DIRECTOR DO NOT RECEIVE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE FORM 990 IS AVAILABLE ON THE EMBASSY THEATRE FOUNDATION'S WEBSITE. ADDITIONAL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 MARKETING REVENUE BOOK/TAX TIMING 7,500 BAD DEBT EXPENSE -1,950 TOTAL 5,550