2022-05-16T13:37:18-05:00 2021-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2020-07-01 560591306 THE LITTLE THEATRE OF CHARLOTTE INC DBA THEATRE CHARLOTTE LITT 7043763777 501 QUEENS ROAD CHARLOTTE NC 28207 CHRIS TIMMONS EXECUTIVE DIRECTOR 7043763777 2022-05-16 1 CHRIS TIMMONS 999009999 PAULA P TILLEY P00051456 7043770239 2022-05-16 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z THEATRE CHARLOTTE CHRIS TIMMONS 501 QUEENS ROAD CHARLOTTE NC 28207 1021146 0 X WWW.THEATRECHARLOTTE.ORG X 1929 NC TO PRODUCE VOLUNTEER-BASED THEATRICAL EVENTS IN THE CHARLOTTE, NC REGION. 17 17 4 125 0 0 308695 465063 316074 63543 201 387 -10680 491870 614290 1020863 0 0 0 0 309117 199137 0 0 64681 304256 376743 613373 575880 917 444983 432989 872073 397014 389507 35975 482566 X THEATRE CHARLOTTE IS A VOLUNTEER-BASED COMMUNITY THEATRE DEDICATED TO CREATING OUTSTANDING THEATRE OPPORTUNITIES RELEVANT TO THE PEOPLE OF THE CHARLOTTE REGION. 0 0 161851 73995 THEATRE CHARLOTTE'S MISSION IS "TO CREATE OUTSTANDING THEATRE OPPORTUNITIES ACCESSIBLE AND RELEVANT TO THE PEOPLE OF THE CHARLOTTE REGION."AFTER CANCELLING THE LAST TWO SHOWS OF THE 2020 SEASON BECAUSE OF THE COVID-19 PANDEMIC, WE CONTINUED TO PROVIDE PROGRAMMING FOR OUR AUDIENCES THROUGH VIRTUAL, STREAMING, AND OUTDOOR PRODUCTIONS. WE HELD A SERIES OF OUTDOOR CONCERTS IN JULY, AUGUST AND SEPTEMBER OF 2020 IN OUR PARKING LOT. WE STAGED WHAT I DID LAST SUMMER IN OCTOBER OF 2020 ALSO IN THE PARKING LOT. OUR ANNUAL PRODUCTION OF A CHRISTMAS CAROL WAS PERFORMED OUTDOORS IN SOUTH CHARLOTTE AND STREAMED ON DEMAND IN DECEMBER. AT THE END OF THE 2020 AN ELECTRICAL FIRE SEVERELY DAMAGED THE BUILDING, BUT WE CONTINUED TO CREATE PROGRAMMING OUTDOORS AND IN OTHER LOCATIONS. IN MARCH 2021, WE STREAMED A READING OF A NEW PLAY, ARMED AND DANGEROUS, AS PART OF OUR THIS IS CHARLOTTE SERIES. IN APRIL WE PRODUCED A MURDER MYSTERY, COVERED TRACKS, AT CAMP NORTH END, THE DUKE MANSION AND THE VAN LANDINGHAM ESTATE, AND IN MAY WE PRODUCED A MIDSUMMER NIGHT'S DREAM OUTDOORS AT THE MINT MUSEUM. WE HELD OUTDOOR, SOCIALLY DISTANCED ACTING CLASSES FOR TEENS AND YOUTH THROUGHOUT THE SUMMER OF 2020, AND WE RENTED THE PARKING LOT TO A DANCE STUDIO FOR THEIR CLASSES. 161851 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 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 0 0 0 1 16 0 1 4 1 0 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 0 0 X NANCY WILSON 7043763777 501 QUEENS ROAD CHARLOTTE NC 28207 DIANA WAKEFIELD OUTGOING PRESIDENT 2.00 X X 0 0 0 STEVEN MARTIN PRESIDENT 3.00 X X 0 0 0 JENNY MITCHELL VICE PRESIDENT 2.00 X X 0 0 0 DENISE OLEXA TREASURER 2.00 X X 0 0 0 IRIS DEWITT SECRETARY 2.00 X X 0 0 0 CHRIS BATESON BOARD MEMBER 1.00 X 0 0 0 JENN GRABENSTETTER BOARD MEMBER 1.00 X 0 0 0 JOHN HARTNESS BOARD MEMBER 1.00 X 0 0 0 CORLIS HAYES BOARD MEMBER 1.00 X 0 0 0 BOB HUDSON BOARD MEMBER 1.00 X 0 0 0 KEITH LOGAN BOARD MEMBER 1.00 X 0 0 0 TERRAH MCCARTY BOARD MEMBER 1.00 X 0 0 0 AMY O'BRIEN BOARD MEMBER 1.00 X 0 0 0 DIANE ROTH BOARD MEMBER 1.00 X 0 0 0 VIC SAYEGH BOARD MEMBER 1.00 X 0 0 0 MARK SMITH BOARD MEMBER 1.00 X 0 0 0 HEATHER SWINDELLS BOARD MEMBER 1.00 X 0 0 0 RON LAW OUTGOING EXECUTIVE DIRECTOR 40.00 X 3700 0 0 CHRIS TIMMONS EXECUTIVE DIRECTOR 40.00 X 0 0 0 3700 0 0 0 0 0 0 0 59806 27384 59200 318673 465063 TICKET SALES 711110 54470 54470 TUITION 711110 5925 5925 FACILITY RENTALS 711110 1810 1810 SEASON TICKETS 711110 1338 1338 63543 387 387 0 27384 283 -283 -283 INSURANCE SETTLEMENT 900099 482308 482308 REFUNDS 541800 9845 9845 492153 1020863 556083 0 -283 25900 10360 7770 7770 135422 48071 46019 41332 4724 1711 1575 1438 21012 7611 7006 6395 12079 4375 4027 3677 11801 11801 7700 6930 770 7327 7327 14628 12434 2194 8598 7738 860 6507 5856 651 16283 14329 1954 16027 14424 1603 RESTORATION 247056 247056 PRODUCTION COSTS 24926 24926 REPAIRS & MAINTENANCE 7981 6784 1197 MISCELLANEOUS 6251 4376 1875 1658 1409 249 575880 161851 349348 64681 212900 664850 6654 4389 4634 17414 410369 232257 203139 178112 5662 7308 432989 872073 22198 23337 0 7216 315616 358954 59200 0 397014 389507 X 15227 459409 20748 23157 35975 482566 432989 872073 444983 1608 0 X 0 1 X 1 0 X 216716 253509 261956 308695 465063 1505939 216716 253509 261956 308695 465063 1505939 1505939 327 230 343 201 387 1488 56929 62573 63240 22412 37449 242603 1750030 1508648 0.86050 0.83350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23286 2409 1668 18 27345 49548 54 26302 14 23286 38495 10970 93 10 38495 14698 23305 502 10 38495 18081 423 3795 11 14698 0.73275 0.11410 0.15315 1 0 1500 1500 395815 222923 172892 13054 9334 3720 178112 X 1022470 1607 1607 1020863 0 1020863 575879 0 575879 0 575879 PART X, LINE 2: THE THEATRE IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE THEATRE RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2021 AND 2020. FORM 990, PART V, LINE 4 USE OF ENDOWMENT FUNDS CONTRIBUTIONS TO THE TRUST ARE TO BE INVESTED IN PERPETUITY. INCOME EARNED CAN BE USED FOR GENERAL EXPENSES. X X X X X X 0 BROADWAY BALL 27384 27384 283 27384 27384 283 283 -283 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THEATRE CHARLOTTE'S FORM 990 WAS REVIEWED IN DETAIL BY THE DIRECTOR OF BUSINESS AND A MEMBER OF THE BOARD'S FINANCE COMMITTEE. A HIGHER LEVEL PRESENTATION OF THE FORM 990 WAS CONDUCTED AT A MEETING OF THE BOARD OF DIRECTORS. THE FORM 990 WAS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE THEATRE'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND MANAGEMENT EMPLOYEES. EACH BOARD MEMBER AND OFFICER IS REQUIRED TO ANNUALLY COMPLETE AN ACKNOWLEDGEMENT OF THE THEATRE'S CONFLICT OF INTEREST POLICY. IN ACCORDANCE WITH THE THEATRE'S POLICY: IF A POTENTIAL CONFLICT OF INTEREST ARISES, THE BOARD MEMBER OR MANAGEMENT EMPLOYEE MUST DISCLOSE THE POTENTIAL CONFLICT TO THE BOARD OF DIRECTORS. FURTHER, THE BOARD MEMBER SHALL NOT VOTE ON ANY CONTRACT OR GRANT, AND NO MANAGEMENT EMPLOYEE SHALL PARTICIPATE IN THE SOLICITATION, NEGOTIATION, FORMATION, AWARD, ARBITRATION, MODIFICATION, OR SETTLEMENT OF ANY CONTRACT OR GRANT WHEN THE BOARD MEMBER OR MANAGEMENT EMPLOYEE STANDS TO BENEFIT, EITHER DIRECTLY OR INDIRECTLY FROM SUCH CONTRACT OR GRANT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE SHALL SET THE COMPENSATION OF THE EXECUTIVE DIRECTOR, SUBJECT TO THE BOARD'S REVIEW AND APPROVAL. THE PRESIDENT, WITH ASSISTANCE FROM THE GOVERNANCE CHAIR ANNUALLY COORDINATES A FORMAL WRITTEN REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE WHICH INCLUDES FEEDBACK FROM THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR DETERMINING APPROPRIATE COMPENSATION WHICH IS VOTED ON BY THE FULL BOARD DURING THE ANNUAL BUDGETING PROCESS AND APPROVAL. THE THEATRE DOES NOT HAVE OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE THEATRE'S BYLAWS, CONFLICT OF INTEREST POLICY, WHISTLE-BLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.