THEATRE CHARLOTTE INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THEATRE CHARLOTTE INC (EIN 56-0591306)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-13
IRS object ID
202131339349303798
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-13T13:35:58-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561434747PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GREERWALKER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1227 WEST TRADE ST SUITE 1100AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN560591306EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LITTLE THEATRE OF CHARLOTTE INCBusinessNameLine1Txt
Business Name Line2DBA THEATRE CHARLOTTEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLITTBusinessNameControlTxt
Phone7043763777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 QUEENS ROADAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28207ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRIS TIMMONSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7043763777PhoneNum
Signature2021-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAULA P TILLEYPreparerPersonNm
PTINP00051456PTIN
Phone7043770239PhoneNum
Preparation2021-05-10PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THEATRE CHARLOTTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerCHRIS TIMMONSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 QUEENS ROADAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28207ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$625,455GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEATRECHARLOTTE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1929FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO PRODUCE VOLUNTEER-BASED THEATRICAL EVENTS IN THE CHARLOTTE, NC REGION.ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers485TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$261,956PYContributionsGrantsAmt
CY Contributions Grants$308,695CYContributionsGrantsAmt
PY Program Service Revenue$365,215PYProgramServiceRevenueAmt
CY Program Service Revenue$316,074CYProgramServiceRevenueAmt
PY Investment Income-$185PYInvestmentIncomeAmt
CY Investment Income$201CYInvestmentIncomeAmt
PY Other Revenue$33,470PYOtherRevenueAmt
CY Other Revenue-$10,680CYOtherRevenueAmt
PY Total Revenue$660,456PYTotalRevenueAmt
CY Total Revenue$614,290CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$306,669PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$309,117CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$75,705CYTotalFundraisingExpenseAmt
PY Other Expenses$376,277PYOtherExpensesAmt
CY Other Expenses$304,256CYOtherExpensesAmt
PY Total Expenses$682,946PYTotalExpensesAmt
CY Total Expenses$613,373CYTotalExpensesAmt
PY Revenues Less Expenses-$22,490PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$917CYRevenuesLessExpensesAmt
Total Assets BOY$299,891TotalAssetsBOYAmt
Total Assets EOY$432,989TotalAssetsEOYAmt
Total Liabilities BOY$264,867TotalLiabilitiesBOYAmt
Total Liabilities EOY$397,014TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$35,024NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$35,975NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHEATRE CHARLOTTE IS A VOLUNTEER-BASED COMMUNITY THEATRE DEDICATED TO CREATING OUTSTANDING THEATRE OPPORTUNITIES ACCESSABLE AND RELEVANT TO THE PEOPLE OF THE CHARLOTTE REGION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$427,847ExpenseAmt
Revenue$280,909RevenueAmt
DescTHEATRE CHARLOTTE'S MISSION IS "TO CREATE OUTSTANDING THEATRE OPPORTUNITIES ACCESSIBLE AND RELEVANT TO THE PEOPLE OF THE CHARLOTTE REGION."THEATRE CHARLOTTE'S FY20 PROGRAMMING INCLUDED THE MAIN STAGE SERIES PRODUCTIONS OF OLIVER, AND THEN THERE WERE NONE, AND THE ODD COUPLE. THE COVID-19 PANDEMIC SHUT DOWN OUR PRODUCTIONS AFTER MARCH. FOR THE 13TH CONSECUTIVE SEASON, WE PRODUCED A CHRISTMAS CAROL (DECEMBER 2019). GRAND NIGHTS FOR SINGING PERFORMED A TRIVIA EVENT IN OCTOBER 2019 AND BACKWARDS BROADWAY IN FEBRUARY 2020. OUR PRODUCTIONS FEATURE DIVERSE CASTS IN TERMS OF RACE, ETHNICITY, GENDER AND AGE. WE POST THE FOLLOWING STATEMENT ON ALL AUDITION NOTICES: THEATRE CHARLOTTE IS COMMITTED TO DIVERSITY ON OUR STAGE AND IN OUR AUDIENCE. PEOPLE OF COLOR ARE ENCOURAGED TO AUDITION.Desc
Total Program Service Expenses$427,847TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document44IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NANCY WILSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7043763777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 QUEENS ROADAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28207ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DIANA WAKEFIELD
PRESIDENT3.00Yes (X)Yes (X)$0$0$0
SUE GORMAN
EX-OFFICIO2.00Yes (X)Yes (X)$0$0$0
STEVE ALLEN
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
KATHY GIANNUZZI
TREASURER2.00Yes (X)Yes (X)$0$0$0
KATHERINE RICHEY
SECRETARY2.00Yes (X)Yes (X)$0$0$0
CHRIS BATESON
BOARD MEMBER1.00Yes (X)$0$0$0
ALLYSON COLACO
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL DEPALMA
BOARD MEMBER1.00Yes (X)$0$0$0
SARA DOWNING
BOARD MEMBER1.00Yes (X)$0$0$0
JENN GRABENSTETTER
BOARD MEMBER1.00Yes (X)$0$0$0
KATHERINE GRAHAM
BOARD MEMBER2.00Yes (X)$0$0$0
KEITH LOGAN
BOARD MEMBER1.00Yes (X)$0$0$0
CHERIE MCDONALD
BOARD MEMBER1.00Yes (X)$0$0$0
JENNY MITCHELL
BOARD MEMBER1.00Yes (X)$0$0$0
KIM PARATI
BOARD MEMBER1.00Yes (X)$0$0$0
DALE PIERCE
BOARD MEMBER1.00Yes (X)$0$0$0
JOSH PITTMAN
BOARD MEMBER1.00Yes (X)$0$0$0
BRITTANY ROLFE
BOARD MEMBER1.00Yes (X)$0$0$0
VIC SAYEGH
BOARD MEMBER1.00Yes (X)$0$0$0
PAM STOWE
BOARD MEMBER1.00Yes (X)$0$0$0
DANA SWIMMER
BOARD MEMBER1.00Yes (X)$0$0$0
MOLLY BURTON TULL
BOARD MEMBER1.00Yes (X)$0$0$0
HUNT WOFFORD
BOARD MEMBER1.00Yes (X)$0$0$0
CORLIS HAYES
BOARD MEMBER1.00Yes (X)$0$0$0
STEVE MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
DENISE OLEXA
BOARD MEMBER1.00Yes (X)$0$0$0
RON LAW
EXECUTIVE DIRECTOR40.00Yes (X)$59,200$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$59,200TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$90,650FederatedCampaignsAmt
Fundraising$21,927FundraisingAmt
All Other Contributions$196,118AllOtherContributionsAmt
Total Contributions$308,695TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
TICKET SALES711110$187,654$187,654
SEASON TICKETS711110$81,352$81,352
CONCESSIONS INCOME711110$35,851$35,851
STUDENT THEATRE GUILD711110$7,917$7,917
FACILITY RENTALS711110$3,300$3,300
FieldValueIRS element (for citing)
Total Program Service Revenue$316,074TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$201TotalRevenueColumnAmt
Related Or Exempt Func Income$201RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$21,927ContriRptFundraisingEventAmt
Fundraising Direct Expenses$11,165FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$11,165TotalRevenueColumnAmt
Exclusion-$11,165ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescPLAYBILLDesc
Business541800BusinessCd
Total Revenue Column$485TotalRevenueColumnAmt
Related Or Exempt Func Income$485RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$485OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$614,290TotalRevenueColumnAmt
Related Or Exempt Func Income$280,909RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$24,686ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$74,000TotalAmt
Program Services$37,000ProgramServicesAmt
Management And General$22,200ManagementAndGeneralAmt
Fundraising$14,800FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$184,990TotalAmt
Program Services$109,692ProgramServicesAmt
Management And General$31,981ManagementAndGeneralAmt
Fundraising$43,317FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,144TotalAmt
Program Services$4,047ProgramServicesAmt
Management And General$1,494ManagementAndGeneralAmt
Fundraising$1,603FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$23,658TotalAmt
Program Services$13,400ProgramServicesAmt
Management And General$4,949ManagementAndGeneralAmt
Fundraising$5,309FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$19,325TotalAmt
Program Services$10,946ProgramServicesAmt
Management And General$4,043ManagementAndGeneralAmt
Fundraising$4,336FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,076TotalAmt
Management And General$11,076ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,400TotalAmt
Program Services$7,140ProgramServicesAmt
Management And General$1,260ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$29,574TotalAmt
Program Services$29,574ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,610TotalAmt
Management And General$17,519ManagementAndGeneralAmt
Fundraising$3,091FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$17,750TotalAmt
Program Services$15,975ProgramServicesAmt
Management And General$1,775ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,248TotalAmt
Program Services$7,423ProgramServicesAmt
Management And General$825ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,880TotalAmt
Program Services$16,992ProgramServicesAmt
Management And General$1,888ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,759TotalAmt
Program Services$13,868ProgramServicesAmt
Management And General$1,891ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PRODUCTION COSTS$131,599$131,599
CONCESSIONS$18,146$18,146
REPAIRS & MAINTENANCE$11,544$10,390$1,154
MISCELLANOUS$10,831$7,582$3,249

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,839TotalAmt
Program Services$1,655ProgramServicesAmt
Management And General$184ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$613,373TotalAmt
Program Services$427,847ProgramServicesAmt
Management And General$109,821ManagementAndGeneralAmt
Fundraising$75,705FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$49,434BOYAmt
EOY$212,900EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,149BOYAmt
EOY$6,654EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$15,671BOYAmt
EOY$4,634EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$524,836LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$321,697LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$222,019BOYAmt
EOY$203,139EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$5,618BOYAmt
EOY$5,662EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$299,891BOYAmt
EOY$432,989EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,918BOYAmt
EOY$22,198EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$60,210BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$181,739BOYAmt
EOY$315,616EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$59,200EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$264,867BOYAmt
EOY$397,014EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$12,026BOYAmt
EOY$15,227EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$47,050BOYAmt
EOY$20,748EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$35,024BOYAmt
EOY$35,975EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$299,891BOYAmt
EOY$432,989EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$917ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$34NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$237,839CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$216,716CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$253,509CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$261,956CurrentTaxYearMinus1YearAmt
Current Tax Year$308,695CurrentTaxYearAmt
Total$1,278,715TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$237,839CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$216,716CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$253,509CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$261,956CurrentTaxYearMinus1YearAmt
Current Tax Year$308,695CurrentTaxYearAmt
Total$1,278,715TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,278,715PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$365CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$327CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$230CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$343CurrentTaxYearMinus1YearAmt
Current Tax Year$201CurrentTaxYearAmt
Total$1,466TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48,854CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$56,929CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,573CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$63,240CurrentTaxYearMinus1YearAmt
Current Tax Year$22,412CurrentTaxYearAmt
Total$254,008TotalAmt
FieldValueIRS element (for citing)
Total Support$1,534,189TotalSupportAmt
Gross Receipts Rltd Activities$1,828,573GrossReceiptsRltdActivitiesAmt
Public Support CY1700.83350PublicSupportCY170Pct
Public Support PY1700.80990PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$49,548BeginningYearBalanceAmt
Investment Earnings Or Losses$54InvestmentEarningsOrLossesAmt
Other Expenditures$26,302OtherExpendituresAmt
Administrative Expenses$14AdministrativeExpensesAmt
End Year Balance$23,286EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$38,495BeginningYearBalanceAmt
Contributions$10,970ContributionsAmt
Investment Earnings Or Losses$93InvestmentEarningsOrLossesAmt
Administrative Expenses$10AdministrativeExpensesAmt
End Year Balance$49,548EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,698BeginningYearBalanceAmt
Contributions$23,305ContributionsAmt
Investment Earnings Or Losses$502InvestmentEarningsOrLossesAmt
Administrative Expenses$10AdministrativeExpensesAmt
End Year Balance$38,495EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,081BeginningYearBalanceAmt
Investment Earnings Or Losses$423InvestmentEarningsOrLossesAmt
Other Expenditures$3,795OtherExpendituresAmt
Administrative Expenses$11AdministrativeExpensesAmt
End Year Balance$14,698EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,670BeginningYearBalanceAmt
Contributions$14,250ContributionsAmt
Investment Earnings Or Losses$172InvestmentEarningsOrLossesAmt
Administrative Expenses$11AdministrativeExpensesAmt
End Year Balance$18,081EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.75700BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.13400PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.10900TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,500OtherCostOrOtherBasisAmt
Book Value$1,500BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$456,498OtherCostOrOtherBasisAmt
Depreciation$269,892DepreciationAmt
Book Value$186,606BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$66,838OtherCostOrOtherBasisAmt
Depreciation$51,805DepreciationAmt
Book Value$15,033BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$203,139TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$614,324TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$34NetUnrealizedGainsInvstAmt
Revenue Not Reported$34RevenueNotReportedAmt
Revenue Subtotal$614,290RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$614,290TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$613,373TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$613,373ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$613,373TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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, 2020 AND 2019.
FORM 990, PART V, LINE 4USE OF ENDOWMENT FUNDS CONTRIBUTIONS TO THE TRUST ARE TO BE INVESTED IN PERPETUITY. INCOME EARNED CAN BE USED FOR GENERAL EXPENSES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BPRIOR 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 12CTHE 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 15ATHE 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 19THE THEATRE'S BYLAWS, CONFLICT OF INTEREST POLICY, WHISTLE-BLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

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