2022-03-30T04:09:30-05:00 2021-06-30 351476702 BRADY WARE & SCHOENFELD INC 3601 RIGBY ROAD SUITE 400 DAYTON OH 45342 990 2020-07-01 310897638 VICTORIA THEATRE ASSOCIATION VICT 9372287591 138 NORTH MAIN STREET DAYTON OH 45402 DAVID SCHRODI CFO 9372287591 2022-03-21 1 DAVID SCHRODI 999009999 MELESSA L BEHYMER P01380154 9372235247 2022-03-08 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID SCHRODI 138 NORTH MAIN ST DAYTON OH 45402 4655383 0 X WWW.VICTORIATHEATRE.COM,SCHUSTERCENTER.COM X 1976 OH THEATRE, FILM, AND OTHER PRODUCTIONS FOR THE EDUCATION AND ENJOYMENT OF THE DAYTON COMMUNITY. 17 17 147 80 980794 0 2241169 2580582 6874391 1770901 375 14306 -34046 107845 9081889 4473634 0 0 0 0 3359759 2423226 33841 570 278351 8540777 4107379 11934377 6531175 -2852488 -2057541 23474385 26082046 25288323 28818279 -1813938 -2736233 OUR MISSION IS TO STRENGTHEN THE ECONOMIC AND ARTISTIC VITALITY OF OUR COMMUNITY AND ARTS PARTNERS THROUGH PRESENTING QUALITY AND DIVERSE ARTS EXPERIENCES AND STEWARDSHIP OF OUR COMMUNITY STATE-OF-THE-ART PERFORMING VENUES. 0 0 4864580 912258 PRESENTATION OF THEATRE, FILM, AND OTHER PRODUCTIONS 4864580 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 46 0 1 147 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X DAVE SCHRODI 9372287591 138 N MAIN ST DAYTON OH 45402 CHRIS WYSE CHAIR 1.00 X X 0 0 0 DAVE S DICKERSON VICE CHAIR 1.00 X X 0 0 0 DAVID MCGILLIVARY TREASURER 1.00 X X 0 0 0 WENDOLYN W LEWIS SECRETARY 1.00 X X 0 0 0 CASEY OTT BOARD OF DIRECTORS 1.00 X 0 0 0 MARK KEETON BOARD OF DIRECTORS 1.00 X 0 0 0 ERIN R DAVIS BOARD OF DIRECTORS 1.00 X 0 0 0 NICK LAIR BOARD OF DIRECTORS 1.00 X 0 0 0 ALBERT W LELAND BOARD OF DIRECTORS 1.00 X 0 0 0 MARLA SCHUSTER NISSAN BOARD OF DIRECTORS 1.00 X 0 0 0 KURT KNAPKE BOARD OF DIRECTORS 1.00 X 0 0 0 PATTI L STOLL BOARD OF DIRECTORS 1.00 X 0 0 0 MONTE L SALSMAN BOARD OF DIRECTORS 1.00 X 0 0 0 RODNEY VEAL BOARD OF DIRECTORS 1.00 X 0 0 0 TERRA WILLIAMS BOARD OF DIRECTORS 1.00 X 0 0 0 RICK PETERS BOARD OF DIRECTORS 1.00 X 0 0 0 MARTHA SHAKER PAST CHAIR 1.00 X 0 0 0 TY SUTTON PRESIDENT 40.00 X 234932 0 22613 DAVID SCHRODI CFO 40.00 X 145510 0 15616 380442 0 38229 4 0 1 0 PERFECTION GROUP INC 2649 COMMERCE BLVD CINCINNATI OH 45241 CONSULTING 421879 PORT TECHNOLOGY LLC 6077 FAR HILLS AVE 223 DAYTON OH 45459 NETWORK SECURITY 279942 MERCHANTS SECURITY SERVICE 2015 WAYNE AVE DAYTON OH 45410 SECURITY SERVICES 218425 3 715625 1864957 49975 2580582 PARKING INCOME 812930 1051246 12369 1038877 STAGE RENTAL 711110 510632 510632 TICKET CENTER 711110 185590 185590 TICKET SALES 711110 17455 17455 5978 5978 1770901 14306 14306 97860 145036 -47176 -47176 -47176 27730 36713 -8983 1924 -10907 WORKERS' COMPENSATION 900099 136900 136900 PRESERVATION FEES 900099 19353 19353 MISCELLANEOUS 900099 7751 7751 164004 4473634 912258 980794 0 733105 82859 567387 82859 1458451 1078944 235088 144419 31668 25746 2555 3367 122754 111450 9899 1405 77248 96069 -33225 14404 615098 483962 129699 1437 3496 3496 82400 82400 570 570 -3012 -3012 6486 618 4400 1468 353100 126129 225874 1097 1355485 1347566 7699 220 16041 14168 1692 181 1979 701 1258 20 3351 3351 674631 588065 86286 280 161218 147108 14110 TAXES 344252 344252 REPAIRS & MAINTENANCE 300234 285829 14405 ALL OTHER EXPENSES 100896 44947 33984 21965 PRODUCTION COSTS 56981 56981 34743 28847 1237 4659 6531175 4864580 1388244 278351 1121991 2371875 692841 151166 13823796 14677535 17438 14353 117103 215149 24215813 20941012 3468792 3274801 4232424 5377167 23474385 26082046 20406850 21834969 3096108 6169337 1785365 813973 25288323 28818279 X -2076212 -2831951 262274 95718 -1813938 -2736233 23474385 26082046 X -2057541 1135246 X X 0 1 X 1 0 X 2472047 2573242 2153872 2241169 2580582 12020912 12029897 13730395 11496775 7820588 1798631 46876286 14501944 16303637 13650647 10061757 4379213 58897198 0 0 0 58897198 101497 107599 100967 73770 112166 495999 101497 107599 100967 73770 112166 495999 476369 549747 585978 413963 164004 2190061 15079810 16960983 14337592 10549490 4655383 61583258 0.95640 0.96000 0.00810 0.00910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4147432 11509 1168228 33445 5293724 4744382 30733 117709 714856 30536 4147432 8320023 369133 344933 4247812 41895 4744382 7034142 1106000 718535 494748 43906 8320023 5570247 1031804 689390 215420 41879 7034142 0.97692 0.02308 0.00000 1 0 15784843 15430999 353844 1433287 371571 1061716 5189956 3994204 1195752 1807727 1144238 663489 3274801 SECURITIES AND OTHER INVESTMENTS 5377167 F 5377167 CAPITAL LEASES AND DEPOSITS 70073 SBA - PPP LOAN 743900 813973 X PART V, LINE 4: FUNDS WERE ESTABLISHED FOR THE EXCLUSIVE PURPOSE OF SUPPORTING THE ACTIVITIES OF THE ASSOCIATION SO LONG AS IT IS OPERATED FOR PUBLIC CHARITABLE PURPOSES. PART X, LINE 2: THE ASSOCIATION HAS ADOPTED ACCOUNTING RULES THAT PRESCRIBE WHEN TO RECOGNIZE, AND HOW TO MEASURE THE FINANCIAL STATEMENT EFFECTS OF INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ITS INCOME TAX RETURNS. THESE RULES REQUIRE MANAGEMENT TO EVALUATE THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTION, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED. BASED ON THAT EVALUATION, THE ASSOCIATION ONLY RECOGNIZES THE MAXIMUM BENEFIT OF EACH INCOME TAX POSITION THAT IS MORE THAN 50% LIKELY TO BE SUSTAINED. TO THE EXTENT THAT ALL OR A PORTION OF THE BENEFITS OF AN INCOME TAX POSITION ARE NOT RECOGNIZED, A LIABILITY WOULD BE RECOGNIZED FOR THE UNRECOGNIZED BENEFITS, ALONG WITH ANY INTEREST AND PENALTIES THAT WOULD RESULT FROM DISALLOWANCE OF THE POSITION. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THEY WOULD BE RECOGNIZED AS OPERATING EXPENSES. THE ASSOCIATION HAS NET OPERATING LOSSES TOTALING $6,027,760 AND $6,040,685 AVAILABLE FOR CARRYFORWARD TO OFFSET FUTURE TAXES AT JUNE 30, 2021 AND 2020. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ASSOCIATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ASSOCIATION'S EXEMPT STATUS IN JEOPARDY AS OF JUNE 30, 2021. X X X X X 1 BENEFACTOR GROUP 450 S FRONT STREET COLUMBUS OH 43215 CONSULTING 0 12209 24147 -11938 12209 24147 -11938 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE BENEFACTOR GROUP PROVIDED CONSULTING AND STUDY DATA TO THE VICTORIA THEATRE ASSOCIATION IN CONNECTION WITH AN ENDOWMENT CAMPAIGN. X X X X 0 0 0 0 0 0 0 0 0 TY SUTTON PRESIDENT 210385 0 24300 0 247 0 7048 0 15565 0 257545 0 0 0 DAVID SCHRODI CFO 138420 0 6921 0 169 0 4365 0 11251 0 161126 0 0 0 PATTI STOLL BOARD MEMBER 4954 LINE OF CREDIT 0 MARK KEETON BOARD MEMBER 2581 REBRANDING 0 WENDOLYN W LEWIS BOARD MEMBER 4618 REBRANDING 0 X PROFESSIONAL SERVICES 14 35575 VENDOR INVOICE X ADVERTISING 16 14400 VENDOR INVOICE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO BEING FILED. AFTER APPROVAL, THE FULL BOARD IS PROVIDED A COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE OF RELATIONSHIP STATEMENT COMPLETED AND SIGNED BY EACH TRUSTEE ANNUALLY. BOARD CONFLICT OF INTEREST POLICY REVIEWED AND SIGNED BY EACH TRUSTEE ANNUALLY. BOARD MEMBER QUESTIONNAIRE COMPLETED ANNUALLY. AT THE START OF EACH BOARD MEETING, TRUSTEES ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST CONCERNING AGENDA ITEMS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, WE UPDATE ALL JOB DESCRIPTIONS FOR ALL POSITIONS INCLUDING SENIOR STAFF POSITIONS. WE THEN COLLECT SALARY DATA FOR EACH POSITION FROM 4 SEPARATE AND APPROPRIATE SURVEY SOURCES. ALL INFORMATION GATHERED IS REPORTED ON A SPREADSHEET IN THE FORM OF A MIDPOINT FOR THE POSITIONS. MIDPOINTS FROM ALL SURVEYS ARE AVERAGED AND USED TO CALCULATE PAY RANGES FOR EACH JOB DESCRIPTION. MINIMUM AND MAXIMUM AMOUNTS ARE CALCULATED AND INCLUDED ON THE SPREADSHEET SUBMITTED TO THE PRESIDENT & CEO AND ALL BOARD MEMBERS FOR REFERENCE AND REVIEW. ITEMS INCLUDED FOR REVIEW ARE BACK UP DOCUMENTS FOR ALL SURVEYS USED. FOR ALL SENIOR MANAGEMENT POSITIONS EXCEPT THE PRESIDENT & CEO, THE PRESIDENT & CEO MAKES SALARY RECOMMENDATIONS TO THE BOARD OF TRUSTEES FOR APPROVAL. FOR THE PRESIDENT & CEO POSITION, THE BOARD OF TRUSTEES REVIEWS THE DATA, MAKES A RECOMMENDATION AND GOES THROUGH AN APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE IN BENEFICIAL INTEREST IN FUNDS HELD BY OTHERS 1,134,526. NPV OF PLEDGES 720. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY OF THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ARTS CENTER FOUNDATION 138 N MAIN ST DAYTON OH 45402 311238139 OWNER OF PERFORMING ARTS COMPLEXES OH 501 (C) (3) TYPE II VICTORIA THEATRE ASSOCIATION 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 ARTS CENTER FOUNDATION D 763928 FMV ARTS CENTER FOUNDATION P 1039058 FMV