2021-05-13T13:35:58-05:00 2020-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2019-07-01 560591306 THE LITTLE THEATRE OF CHARLOTTE INC DBA THEATRE CHARLOTTE LITT 7043763777 501 QUEENS ROAD CHARLOTTE NC 28207 CHRIS TIMMONS EXECUTIVE DIRECTOR 7043763777 2021-05-11 1 PAULA P TILLEY P00051456 7043770239 2021-05-10 2019 2022-09-23 18:48:47Z THEATRE CHARLOTTE CHRIS TIMMONS 501 QUEENS ROAD CHARLOTTE NC 28207 625455 0 X WWW.THEATRECHARLOTTE.ORG X 1929 NC TO PRODUCE VOLUNTEER-BASED THEATRICAL EVENTS IN THE CHARLOTTE, NC REGION. 30 30 4 485 0 0 261956 308695 365215 316074 -185 201 33470 -10680 660456 614290 0 0 0 0 306669 309117 0 0 75705 376277 304256 682946 613373 -22490 917 299891 432989 264867 397014 35024 35975 X THEATRE CHARLOTTE IS A VOLUNTEER-BASED COMMUNITY THEATRE DEDICATED TO CREATING OUTSTANDING THEATRE OPPORTUNITIES ACCESSABLE AND RELEVANT TO THE PEOPLE OF THE CHARLOTTE REGION. 0 0 427847 280909 THEATRE 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. 427847 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 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 0 0 0 0 0 0 1 44 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 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 PRESIDENT 3.00 X X 0 0 0 SUE GORMAN EX-OFFICIO 2.00 X X 0 0 0 STEVE ALLEN VICE PRESIDENT 2.00 X X 0 0 0 KATHY GIANNUZZI TREASURER 2.00 X X 0 0 0 KATHERINE RICHEY SECRETARY 2.00 X X 0 0 0 CHRIS BATESON BOARD MEMBER 1.00 X 0 0 0 ALLYSON COLACO BOARD MEMBER 1.00 X 0 0 0 MICHAEL DEPALMA BOARD MEMBER 1.00 X 0 0 0 SARA DOWNING BOARD MEMBER 1.00 X 0 0 0 JENN GRABENSTETTER BOARD MEMBER 1.00 X 0 0 0 KATHERINE GRAHAM BOARD MEMBER 2.00 X 0 0 0 KEITH LOGAN BOARD MEMBER 1.00 X 0 0 0 CHERIE MCDONALD BOARD MEMBER 1.00 X 0 0 0 JENNY MITCHELL BOARD MEMBER 1.00 X 0 0 0 KIM PARATI BOARD MEMBER 1.00 X 0 0 0 DALE PIERCE BOARD MEMBER 1.00 X 0 0 0 JOSH PITTMAN BOARD MEMBER 1.00 X 0 0 0 BRITTANY ROLFE BOARD MEMBER 1.00 X 0 0 0 VIC SAYEGH BOARD MEMBER 1.00 X 0 0 0 PAM STOWE BOARD MEMBER 1.00 X 0 0 0 DANA SWIMMER BOARD MEMBER 1.00 X 0 0 0 MOLLY BURTON TULL BOARD MEMBER 1.00 X 0 0 0 HUNT WOFFORD BOARD MEMBER 1.00 X 0 0 0 CORLIS HAYES BOARD MEMBER 1.00 X 0 0 0 STEVE MARTIN BOARD MEMBER 1.00 X 0 0 0 DENISE OLEXA BOARD MEMBER 1.00 X 0 0 0 RON LAW EXECUTIVE DIRECTOR 40.00 X 59200 0 0 59200 0 0 0 0 0 0 0 90650 21927 196118 308695 TICKET SALES 711110 187654 187654 SEASON TICKETS 711110 81352 81352 CONCESSIONS INCOME 711110 35851 35851 STUDENT THEATRE GUILD 711110 7917 7917 FACILITY RENTALS 711110 3300 3300 316074 201 201 0 21927 11165 -11165 -11165 PLAYBILL 541800 485 485 485 614290 280909 0 24686 74000 37000 22200 14800 184990 109692 31981 43317 7144 4047 1494 1603 23658 13400 4949 5309 19325 10946 4043 4336 11076 11076 8400 7140 1260 29574 29574 20610 17519 3091 17750 15975 1775 8248 7423 825 18880 16992 1888 15759 13868 1891 PRODUCTION COSTS 131599 131599 CONCESSIONS 18146 18146 REPAIRS & MAINTENANCE 11544 10390 1154 MISCELLANOUS 10831 7582 3249 1839 1655 184 613373 427847 109821 75705 49434 212900 7149 6654 15671 4634 524836 321697 222019 203139 5618 5662 299891 432989 22918 22198 60210 0 181739 315616 59200 264867 397014 X -12026 15227 47050 20748 35024 35975 299891 432989 917 34 0 X 0 1 X 1 0 X 237839 216716 253509 261956 308695 1278715 237839 216716 253509 261956 308695 1278715 1278715 365 327 230 343 201 1466 48854 56929 62573 63240 22412 254008 1534189 1828573 0.83350 0.80990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49548 54 26302 14 23286 38495 10970 93 10 49548 14698 23305 502 10 38495 18081 423 3795 11 14698 3670 14250 172 11 18081 0.75700 0.13400 0.10900 1 0 1500 1500 456498 269892 186606 66838 51805 15033 203139 X 614324 34 34 614290 0 614290 613373 0 613373 0 613373 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 4 USE OF ENDOWMENT FUNDS CONTRIBUTIONS TO THE TRUST ARE TO BE INVESTED IN PERPETUITY. INCOME EARNED CAN BE USED FOR GENERAL EXPENSES. 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.