2021-05-14T08:30:59-05:00 2020-06-30 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2019-07-01 520780194 CENTER STAGE ASSOCIATES INC CENT 4109864003 700 NORTH CALVERT STREET BALTIMORE MD 21202 MICHAEL ROSS EXECUTIVE DIRECTOR 4109864003 2021-05-12 1 DAMIEN NICKLE CPA P00802786 4107834900 2021-05-12 2019 2022-09-23 18:48:47Z BALTIMORE CENTER STAGE MICHAEL ROSS 700 NORTH CALVERT STREET BALTIMORE MD 21202 8931257 0 X WWW.CENTERSTAGE.ORG X 1963 MD AS A THEATER COMMITTED TO ARTISTIC EXCELLENCE, WE ENGAGE, ENRICH, AND BROADEN THE PERSPECTIVES OF DIVERSE AUDIENCES THROUGH ENTERTAINING AND THOUGHT-PROVOKING WORK AND EDUCATIONAL PROGRAMS. WE VALUE ACCESS, INCLUSION, COMMUNITY, AND FINANCIAL STABILITY. 53 53 265 0 7062 -11522 3875776 6038358 2715947 1945266 1375471 518514 771050 417175 8738244 8919313 0 0 0 0 5069277 4651470 0 0 592355 5405191 3761766 10474468 8413236 -1736224 506077 48618409 46248669 10360300 7081642 38258109 39167027 AS A THEATER COMMITTED TO ARTISTIC EXCELLENCE, WE ENGAGE, ENRICH, AND BROADEN THE PERSPECTIVES OF DIVERSE AUDIENCES THROUGH ENTERTAINING AND THOUGHT-PROVOKING WORK AND EDUCATIONAL PROGRAMS. WE VALUE ACCESS, INCLUSION, COMMUNITY, AND FINANCIAL STABILITY. 0 0 5123373 2060675 ARTISTIC: AS THE STATE THEATER OF MARYLAND AND BALTIMORE'S LARGEST THEATER, WE PRODUCE UP TO SIX FULL-LENGTH PLAYS PER SEASON IN OUR TWO MAINSTAGE THEATERS FOR OVER 50,000 VISITORS THESE PLAYS REPRESENT A DIVERSE MIX OF CONTEMPORARY AND CLASSIC WORKS. EDUCATION: OUR EDUCATION PROGRAMS ANNUALLY BENEFIT 10,000 STUDENTS AND TEACHERS. INNOVATIVE PROGRAMS INTRODUCE STUDENTS TO THE PERFORMING ARTS AND HELP BUILD THE NEXT GENERATION OF WELL-ROUNDED CITIZENS. PROGRAMS INCLUDE STUDENT MATINEES, YOUNG PLAYWRIGHTS FESTIVAL, TOGETHER AT THE TABLE, THEATER FOR YOUNG AUDIENCES, DRAMA CLUB, SCHOOL RESIDENCIES, AND CAMP CENTER STAGE. NEW PLAY DEVELOPMENT: CENTER STAGE SUPPORTS THE DEVELOPMENT OF NEW WORK THROUGH OUR MULTI-FACETED NEW PLAY PROGRAMMING. THIS WORK INCLUDES PLAY LABS, COMMISSIONS, DEVELOPMENTAL WORKSHOPS, AND IN-HOUSE READINGS. 5123373 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 183 0 1 265 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 53 53 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X MICHAEL ROSS 4109864001 700 NORTH CALVERT STREET BALTIMORE MD 21202 TERRY H MORGENTHALER PRESIDENT 10.00 X X 0 0 0 EDWARD C BERNARD VICE PRESIDENT 4.00 X X 0 0 0 AUGUST J CHIASERA VICE PRESIDENT 4.00 X X 0 0 0 SANDY LIOTTA VICE PRESIDENT 4.00 X X 0 0 0 BRIAN M EAKES TREASURER 4.00 X X 0 0 0 SCOT T SPENCER SECRETARY 4.00 X X 0 0 0 STEPHANIE BAKER TRUSTEE 1.00 X 0 0 0 PENNY BANK TRUSTEE 1.00 X 0 0 0 TAUNYA BANKS TRUSTEE 1.00 X 0 0 0 BRADIE BARR TRUSTEE 1.00 X 0 0 0 MEREDITH BORDEN TRUSTEE 1.00 X 0 0 0 MARIAH BONNER TRUSTEE 1.00 X 0 0 0 ROBERT E BURKS JR TRUSTEE 1.00 X 0 0 0 STEPHANIE CARTER TRUSTEE 1.00 X 0 0 0 LYNN DEERING TRUSTEE 1.00 X 0 0 0 JED DIETZ TRUSTEE 1.00 X 0 0 0 WALTER B DOGGETT III TRUSTEE 1.00 X 0 0 0 JANE WI DROPPA TRUSTEE 1.00 X 0 0 0 AMY ELIAS TRUSTEE 1.00 X 0 0 0 JULIET A EURICH TRUSTEE 1.00 X 0 0 0 BETH W FALCONE TRUSTEE 1.00 X 0 0 0 SUZAN GARABEDIAN TRUSTEE 1.00 X 0 0 0 SANDRA LEVI GERSTUNG TRUSTEE 1.00 X 0 0 0 ANDREW GIDDENS TRUSTEE 1.00 X 0 0 0 MEGAN GILLICK TRUSTEE 1.00 X 0 0 0 ADAM GROSS TRUSTEE 1.00 X 0 0 0 CHERYL O'DONNELL GUTH TRUSTEE 1.00 X 0 0 0 ELIZABETH J HIMELFARB HURWITZ TRUSTEE 1.00 X 0 0 0 DAVID HODNETT TRUSTEE 1.00 X 0 0 0 KATHLEEN W HYLE TRUSTEE 1.00 X 0 0 0 WENDY JACHMAN TRUSTEE 1.00 X 0 0 0 CHRIS JEFFRIES TRUSTEE 1.00 X 0 0 0 JOHN J KEENAN TRUSTEE 1.00 X 0 0 0 JOHN MCCARDELL TRUSTEE 1.00 X 0 0 0 HUGH W MOHLER JR TRUSTEE 1.00 X 0 0 0 CHARLES J MORTON JR TRUSTEE 1.00 X 0 0 0 J WILLIAM MURRAY TRUSTEE 1.00 X 0 0 0 CHARLES E NOELL III TRUSTEE 1.00 X 0 0 0 RODNEY ODDOYE TRUSTEE 1.00 X 0 0 0 JUDY M PHARES TRUSTEE 1.00 X 0 0 0 JILL PRATT TRUSTEE 1.00 X 0 0 0 PHILIP J RAUCH TRUSTEE 1.00 X 0 0 0 E HUTCHINSON ROBBINS JR TRUSTEE 1.00 X 0 0 0 JORDAN ROSENFELD TRUSTEE 1.00 X 0 0 0 JESSE SALAZAR TRUSTEE 1.00 X 0 0 0 CHARLES SCHWABE TRUSTEE 1.00 X 0 0 0 ROBERT W SMITH JR TRUSTEE 1.00 X 0 0 0 SCOTT SOMERVILLE TRUSTEE 1.00 X 0 0 0 MICHELE SPEAKS TRUSTEE 1.00 X 0 0 0 MICHAEL B STYER TRUSTEE 1.00 X 0 0 0 HARRY THOMASIAN TRUSTEE 1.00 X 0 0 0 DONALD THOMS TRUSTEE 1.00 X 0 0 0 JOSEPH TIMMINS TRUSTEE 1.00 X 0 0 0 KRISSIE VERBIC TRUSTEE 1.00 X 0 0 0 MICHAEL ROSS EXECUTIVE DIRECTOR 60.00 X 196454 0 3849 STEPHANIE YBARRA ARTISTIC DIRECTOR 60.00 X 176456 0 3849 MICHELLE WILLIAMS DIRECTOR OF FINANCE 60.00 X 88237 0 3849 RANDI BENESCH DIRECTOR OF FINANCE 60.00 X 108656 0 3849 569803 0 15396 3 0 1 0 0 463962 2957022 2617374 6038358 SEASON/SINGLE TICKETS 900099 1619270 1619270 REFRESHMENTS 900099 91519 91519 CO-PRODUCTION 900099 80902 80902 EDUCATIONS WORKSHOPS 900099 80017 80017 ENHANCEMENT INCOME 900099 66496 66496 7062 7062 1945266 518514 518514 156325 0 156325 156325 156325 58804 463962 11944 46860 46860 MISCELLANEOUS 900099 213990 213990 213990 8919313 2060675 7062 813218 472737 280837 159327 32573 3851878 2284647 1302104 265127 47067 29722 13965 3380 279788 176679 83017 20092 167789 167789 158644 29433 126920 2291 140351 12271 125048 3032 90995 90995 618177 401815 154544 61818 198610 131341 65250 2019 201595 131037 50399 20159 77094 50111 19274 7709 EQUIPMENT & RENTAL MAIN 1422597 924688 355649 142260 PRODUCTIONS 599171 569213 29958 EVENT EXP 37478 2286 4573 30619 CONCESSION 36500 36500 12765 8298 3191 1276 8413236 5123373 2697508 592355 481947 1369820 310424 61049 3557968 1919701 31276 12925 289415 336859 40301795 12218819 29080842 28082976 14390778 13970696 475759 494643 48618409 46248669 241647 48467 1025461 29534 9000000 6903641 93192 100000 10360300 7081642 X 23898740 26856833 14359369 12310194 38258109 39167027 48618409 46248669 506077 233539 169302 0 X X 0 1 X 1 0 X 8310162 8273777 5139945 3875776 6207660 31807320 8310162 8273777 5139945 3875776 6207660 31807320 31807320 538738 322127 1832637 1375471 518514 4587487 64409 72457 173892 104562 213990 629310 37024117 860865 0.85910 0.88600 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 64,409. 2016 AMOUNT: $ 72,457. 2017 AMOUNT: $ 173,892. 2018 AMOUNT: $ 104,562. 2019 AMOUNT: $ 213,990. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14317787 18884 807648 1200884 56165 13887270 14300170 17874 1227374 1166100 61531 14317787 14843849 17671 1832396 2328450 65297 14300170 15070146 18952 1849567 2029098 65718 14843849 17383092 19692 -178369 2088745 65524 15070146 0.14000 0.72000 0.14000 0 0 36294133 10060702 26233431 3389679 1886486 1503193 617983 271631 346352 28082976 GRANTS PAYABLE 100000 100000 X 9152852 233539 233539 8919313 0 8919313 8413236 0 8413236 0 8413236 PART X, LINE 2: THE THEATER IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE THEATER DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2020 AND 2019. THE THEATER HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH 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 POLICY, THE THEATER 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. MANAGEMENT HAS EVALUATED THE THEATER'S TAX POSITIONS AND HAS CONCLUDED THAT THE THEATER HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. GENERALLY, THE THEATER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2017. X X X X X X X 0 MD GALA 516891 459922 56969 2250 3600 3061 LONG CHRISTMAS DINNER 5875 4040 1835 2132 901 522766 463962 58804 4382 3600 3962 11944 46860 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL ROSS EXECUTIVE DIRECTOR 196149 0 0 0 305 0 0 0 3849 0 200303 0 0 0 STEPHANIE YBARRA ARTISTIC DIRECTOR 176151 0 0 0 305 0 0 0 3849 0 180305 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE PROVIDES PREPARATION INFORMATION TO COHNREZNICK LLP, THE RETURN PREPARER. A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE MANAGING DIRECTOR, DEVELOPMENT DIRECTOR, BOARD PRESIDENT, AUDIT AND FINANCE COMMITTEE CHAIR, AND FINANCE COMMITTEE CHAIR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL TRUSTEES AND OFFICERS AND TO ANY EMPLOYEE WHO CAN INFLUENCE THE ACTIONS OF CENTER STAGE. IT IS THE POLICY OF THE BOARD OF TRUSTEES THAT THE EXISTENCE OF ANY CONFLICT OF INTEREST SHALL BE DISCLOSED BEFORE ANY RELATED TRANSACTION IS CONSUMMATED. IT SHALL BE THE CONTINUING RESPONSIBILITY OF TRUSTEES, OFFICERS AND EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTEREST AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO MAKE SUCH DISCLOSURE. TRUSTEES, OFFICERS AND EMPLOYEES WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHOULD NOT PARTICIPATE IN DISCUSSIONS OR VOTE ON MATTERS AFFECTING TRANSACTIONS GIVING RISE TO THE CONFLICT. A CONFLICT OF INTEREST QUESTIONNAIRE WILL BE DISTRIBUTED ANNUALLY TO ASCERTAIN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ON THE PART OF ALL CENTERSTAGE TRUSTEES. THE MANAGING DIRECTOR WILL RECOMMEND A LIST OF EMPLOYEES TO THE BOARD OF TRUSTEES COMMITTEE WHO SHOULD BE ASKED TO COMPLETE THIS QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 EVERY SEASON EMPLOYEES COMPENSATION IS EVALUATED AND COMPARED WITH DATA AVAILABLE THROUGH OUR TRADE ORGANIZATION, THEATRE COMMUNICATIONS GROUP. SALARY LEVELS ARE REVIEWED AND APPROVED BY THE MANAGING DIRECTOR, HUMAN RESOURCES AND/OR DIRECTOR OF FINANCE. THE MANAGING DIRECTOR AND ARTISTIC DIRECTORS COMPENSATION PACKAGE IS DETERMINED, REVIEWED AND APPROVED BY THE PRESIDENT OF THE BOARD OF TRUSTEES. EMPLOYMENT UNDERSTANDING MEMOS ARE ISSUED AND SIGNED BY EACH EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION AT OUR THEATERS'S OFFICES AND ARE AVAILABLE ELECTRONICALLY OR IN PAPER UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.