2021-09-10T08:59:39-05:00 2020-10-31 390859910 BAKER TILLY US LLP 431 SCIENCE PARK ROAD SUITE 302 STATE COLLEGE PA 16803 990 2019-11-01 680490220 STATE THEATRE INC STAT 8142720606 130 WEST COLLEGE AVE STATE COLLEGE PA 16801 RICHARD J WISNIEWSKI TREASURER 8142720606 2021-08-10 1 KERRI N BOGDA CPA P00760402 8142376586 X 2019 2022-09-23 18:48:47Z ELIZABETH YODER 130 WEST COLLEGE AVE STATE COLLEGE PA 16801 814109 0 X WWW.THESTATETHEATRE.ORG X 2001 PA COMMUNITY PERFORMING ARTS CENTER 10 10 77 68 0 0 251279 324042 1188512 439649 765 2899 0 34065 1440556 800655 0 0 0 0 457086 280857 0 0 37437 1204501 683750 1661587 964607 -221031 -163952 5303293 5415864 3423618 3700141 1879675 1715723 X THE STATE THEATRE IS A NON-PROFIT, PERFORMING ARTS CENTER WHOSE MISSION IS TO ENTERTAIN, ENRICH, EDUCATE, AND INSPIRE. 0 0 674888 0 473714 THE STATE THEATRE OPENED IN DECEMBER 2006 AS A COMMUNITY OWNED AND OPERATED PERFORMING ARTS CENTER. WE ARE LOCATED IN DOWNTOWN STATE COLLEGE, ACROSS THE STREET FROM PENN STATE UNIVERSITY. WE ENRICH THE COMMUNITY'S CULTURAL OPPORTUNITIES WITH DIVERSE LOCAL AND REGIONAL PERFORMANCES, NATIONAL TOURING ACTS, SIMULCASTS OF METROPOLITAN OPERA PERFORMANCES, AND INDEPENDENT, CLASSIC, AND FOREIGN FILMS. PRIOR TO THE SUSPENSION OF PUBLIC PERFORMANCES IN EARLY MARCH DUE TO COVID-19 RESTRICTIONS, IN FY 20 OVER 12,000 PATRONS EXPERIENCED 12 NATIONAL TOURING ACTS, 17 PRESENTATIONS OF LOCAL PERFORMING ARTS GROUPS, 50 DIVERSE MOVIE SHOWINGS, AND 6 METROPOLITAN OPERA PERFORMANCES. THE THEATRE WAS UTILIZED AN ADDITIONAL 119 TIMES BY VARIOUS COMMUNITY ORGANIZATIONS SUCH AS CHILDREN'S DANCE ENSEMBLES, THE LOCAL ORCHESTRA, HIGH SCHOOL DRAMA GROUPS, IMPROV COMEDY ENSEMBLES, PUPPETEERS, AS WELL AS UNIVERSITY-HOSTED SYMPOSIUMS AND UNDERGRADUATE CLASSES IN THEATER AND CINEMA. 674888 1 1 0 0 0 0 0 0 0 0 1 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 0 1 16 0 77 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 PA X KIRK LARTER ACCOUNTANT 8142720606 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 KAREN GREGG EXECUTIVE DIRECTOR(UNTIL AUG 2020) 50.00 X 67091 0 8360 ELIZABETH YODER CHAIR 5.00 X X 0 0 0 MATT JORDAN VICE CHAIR 5.00 X X 0 0 0 RICHARD J WISNIEWSKI TREASURER 5.00 X X 0 0 0 KEN SHAFRANKO SECRETARY 5.00 X X 0 0 0 DAVE DEFILIPPIS DIRECTOR 5.00 X 0 0 0 CRAIG KISSELL DIRECTOR 5.00 X 0 0 0 ADAM MCMILLEN DIRECTOR 5.00 X 0 0 0 NICK KELLO DIRECTOR 5.00 X 0 0 0 AMY FRANK DIRECTOR 5.00 X 0 0 0 CHRIS HEINZ DIRECTOR 5.00 X 0 0 0 JAY BARTLETT DIRECTOR(UNTIL APRIL 2020) 5.00 X 0 0 0 OJ JOHNSTON DIRECTOR(UNTIL JULY 2020) 5.00 X 0 0 0 67091 0 8360 0 0 0 0 0 45414 44486 234142 324042 TICKET SALES & FEES 711110 318026 318026 OTHER EVENT RELATED IN 711110 121623 121623 439649 1238 1238 1661 0 1661 1661 1661 47519 13454 34065 34065 800655 473714 0 2899 64346 31105 33241 188888 96187 92701 2088 2088 25535 7261 14470 3804 8000 800 6960 240 4717 414 4151 152 11970 11970 31246 6220 25026 31156 24925 6231 86356 69085 17271 219166 175333 43833 19713 13208 6505 SHOW EXPENSES 251280 251280 MAINTENANCE 20146 16117 4029 964607 674888 252282 37437 174225 339462 10127 48101 2874 1700 8234 19996 7833358 2826753 5107833 5006605 5303293 5415864 18281 804 240836 228360 1950000 2190800 1214501 1280177 3423618 3700141 X 1879675 1715723 1879675 1715723 5303293 5415864 -163952 0 X 1 X 0 1 0 X 293747 220236 191897 251279 338372 1295531 293747 220236 191897 251279 338372 1295531 1295531 412 7 92 765 1238 2514 111250 17762 1661 130673 1428718 5305711 0.90680 0.85080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 600000 600000 6520934 2246394 4274540 712424 580359 132065 5006605 DEPOSITS AND PAYROLL LIABILITIES WITHHELD 5607 CONSTRUCTION PAYABLES 254611 ACCRUED INTEREST 1019959 1280177 X 828439 14330 14330 814109 -13454 -13454 800655 992391 14330 13454 27784 964607 0 964607 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED A PRIVATE FOUNDATION. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONCESSION EXPENSES -13,454. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSION EXPENSES 13,454. FORM 990, PART VI, SECTION A, LINE 8B NO DECISIONS BY A COMMITTEE ARE BINDING TO THE BOARD OF DIRECTORS. COMMITTEES ARE ADVISORY ONLY. THUS, MINUTES OF EVERY MEETING OF EVERY COMMITTEE ARE NOT MAINTAINED. FORM 990, PART VI, SECTION B, LINE 11B OUR PROCESS IS THE EXECUTIVE DIRECTOR AND ACCOUNTANT COMPLETE THE 990 INFORMATIONAL CHECKLIST. THE DRAFT IRS 990 FORM IS PROVIDED TO THE FINANCE COMMITTEE THEN THE DRAFT FORM IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE INDEPENDENT DIRECTORS POLICY AND DUTY OF LOYALTY AND CONFLICT OF INTEREST POLICY DEFINE THE PERSONAL, FAMILY, AND BUSINESS RELATIONSHIPS WHICH MAY GIVE RISE TO CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO ANNUALLY CONFIRM IN WRITING THE ABSENCE OF CONFLICTS OF INTEREST OR TO DISCLOSE EXISTING CONFLICTS. THE PRESIDENT RECEIVES THE DISCLOSURES AND FORWARDS THEM TO THE SECRETARY WHO REPORTS CONFLICTS TO THE BOARD. MEMBERS ARE REQUIRED TO REPORT NEW CONFLICTS THAT ARISE BETWEEN ANNUAL REPORTS. CONFLICTED MEMBERS DO NOT PARTICIPATE IN DISCUSSIONS AND VOTES ON MATTERS IN WHICH THEY ARE CONFLICTED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD (EACH CORPORATE OFFICER) REVIEWS COMPENSATION DATA OF COMPARABLE THEATERS AS REPORTED ON FORM 990 IN ESTABLISHING THE SALARY OF THE EXECUTIVE DIRECTOR. THIS WAS MOST RECENTLY DONE IN FEBRUARY 2019. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AT THE THEATRE'S MAIN OFFICE.