2021-04-15T12:42:35-05:00 2020-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2019-07-01 043781645 CAROLINA THEATRE OF GREENSBORO INC CARO 3363332600 310 SOUTH GREENE STREET GREENSBORO NC 27401 BRIAN GRAY EXECUTIVE DIRECTOR 3363332600 2021-04-01 1 OLGA OGANESOV P01279668 3362944494 2021-03-26 2019 2022-09-23 18:48:47Z BRIAN GRAY 310 SOUTH GREENE STREET GREENSBORO NC 27401 1340793 0 X WWW.CAROLINATHEATRE.COM X 2003 NC PROMOTE ARTS IN THE COMMUNITY. 24 24 42 125 7465 5816 677538 341613 730405 564757 -35074 780 398243 325883 1771112 1233033 0 0 0 0 470166 468927 0 0 124610 1195163 1136773 1665329 1605700 105783 -372667 7404079 7166510 276248 285691 7127831 6880819 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 1264496 647210 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". 1264496 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 48 0 1 42 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 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 RANDY F SPIVEY CHAIR 10.00 X X 0 0 0 ROBERT M PEDDRICK CHAIR-ELECT 1.00 X X 0 0 0 DAVID TAYLOR VICE-CHAIR 3.00 X X 0 0 0 MARY ELLEN BOELHOWER VICE-CHAIR 3.00 X X 0 0 0 TOBY WILLIAMS VICE-CHAIR 3.00 X X 0 0 0 JAN SMITH VICE-CHAIR 3.00 X X 0 0 0 M TAYLOR BUTLER SECRETARY 1.00 X X 0 0 0 ERIC DUTTON TREASURER 8.00 X X 0 0 0 BETTY CONE HONORARY CHAIR 1.00 X X 0 0 0 EDWARD ROBINSON DIRECTOR 1.00 X 0 0 0 ASHLEY CONE DIRECTOR 1.00 X 0 0 0 JOCELYN BOZIVICH DIRECTOR 1.00 X 0 0 0 CHRISTOPHER A BROWN DIRECTOR 1.00 X 0 0 0 CHARLES BRUMMITT DIRECTOR 1.00 X 0 0 0 DAWN CHANEY 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 CLAUDIA MURPHY DIRECTOR 1.00 X 0 0 0 JEFF OLEYNIK DIRECTOR 1.00 X 0 0 0 ELEANOR SCHAFFNER-MOSH DIRECTOR 1.00 X 0 0 0 DR IRISH SPENCER DIRECTOR 1.00 X 0 0 0 ROBERT THURSTON DIRECTOR 1.00 X 0 0 0 JACE STRANDBERG DIRECTOR 1.00 X 0 0 0 BRIAN GRAY EXECUTIVE DIRECTOR 40.00 X 75600 0 3780 75600 0 3780 0 0 0 0 AUDIO & LIGHT 2209 RANDLEMAN ROAD GREENSBORO NC 27406 SOUND EQUIPMENT 166400 RD GRAHAM ELECTRIC INC 8020 INDUSTRIAL VILLAGE GREENSBORO NC 27409 FIRE ALARM INSTALLATION 127920 SINGER ENTERTAINMENT LLC 24 HERON WALK OKATIE SC 29909 SHOW PROMOTER 122183 FRANK L BLUM CONSTRUCTION 4020 WESTCHASE BLVD STE 160 RALEIGH NC 27607 RENOVATION FINAL PAYMENT 107040 4 111485 230128 341613 CT PRESENTS 711110 260885 260885 BOX OFFICE REVENUE 711110 132137 132137 RESTORATION FEES 711110 81522 81522 FILMS REVENUE 711110 63807 63807 PRODUCTION SERVICES 711110 26406 26406 564757 780 780 235965 0 235965 235965 235965 189888 107760 82128 82128 PARKING LOT INCOME 812930 7465 7465 MISCELLANEOUS INCOME 900099 325 325 7790 1233033 647210 7465 236745 X 84000 56800 16800 10400 271903 176061 61681 34161 66630 44767 12189 9674 46394 33868 6031 6495 15666 15666 29422 25009 1471 2942 41800 32417 8176 1207 103568 82317 14701 6550 308170 277322 30848 27783 21656 3538 2589 UNRELATED BUSINESS INCO 2162 152 2010 CT PRESENTS 244836 244836 BOX OFFICE EXPENSES 117814 117814 LABOR EXPENSES 61639 61639 183913 89838 43483 50592 1605700 1264496 216594 124610 2848 2848 271038 145528 383031 283578 20282 18002 4058 6759 9509325 2823358 6652838 6685967 69984 23828 7404079 7166510 124985 120005 151263 150920 0 14766 276248 285691 X 6693706 6641577 434125 239242 7127831 6880819 7404079 7166510 X -372667 -1141 126796 X 0 1 X 1 0 X 311334 1061913 1011971 677538 314613 3377369 311334 1061913 1011971 677538 314613 3377369 561760 2815609 311942 380574 362325 302338 235603 1592782 8870 9935 9165 8958 7465 44393 1171 1582 3839 1701 312 8605 5023149 4721861 0.56050 0.54690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 691000 691000 8005621 2501082 5504539 783765 322276 461489 28939 28939 6685967 REFUNDABLE ADVANCE 14766 14766 X 1468056 -1141 1608 126796 127263 1340793 -107760 -107760 1233033 1715068 1608 107760 109368 1605700 0 1605700 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 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: PAYCHECK PROTECTION PROGRAM LOAN AWAITING OFFICIAL FORGIVENESS 126,796. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE -107,760. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE 107,760. 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 MEMBERSHIP AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 43,675. TOTAL EXPENSES 43,675. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,732. MANAGEMENT AND GENERAL EXPENSES 31,221. FUNDRAISING EXPENSES 3,039. TOTAL EXPENSES 35,992. FILMS EXPENSE: PROGRAM SERVICE EXPENSES 34,046. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,046. EQUIPMENT REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 25,951. MANAGEMENT AND GENERAL EXPENSES 1,950. FUNDRAISING EXPENSES 235. TOTAL EXPENSES 28,136. GENERAL AND ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 11,289. MANAGEMENT AND GENERAL EXPENSES 5,687. FUNDRAISING EXPENSES 2,926. TOTAL EXPENSES 19,902. PRODUCTION SERVICES: PROGRAM SERVICE EXPENSES 14,286. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,286. PROFESSIONAL ORGANIZATION: PROGRAM SERVICE EXPENSES 2,417. MANAGEMENT AND GENERAL EXPENSES 345. FUNDRAISING EXPENSES 691. TOTAL EXPENSES 3,453. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,478. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,478. CHRISTMAS AT THE CAROLINA: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,685. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,685. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 117. MANAGEMENT AND GENERAL EXPENSES 117. FUNDRAISING EXPENSES 26. TOTAL EXPENSES 260. FORM 990, PART XI, LINE 9: PAYCHECK PROTECTION PROGRAM LOAN AWAITING OFFICIAL FORGIVENESS 126,796. CAROLINA THEATRE BUILDING LLC 310 SOUTH GREENE STREET GREENSBORO NC 27401 BUILDING NC 6195538 N/A