2020-06-01T16:21:15-05:00 2019-08-31 351939627 BADEN GAGE & SCHROEDER LLC 6920 POINTE INVERNESS WAY 300 FORT WAYNE IN 468047926 990 2018-09-01 237355731 EMBASSY THEATRE FOUNDATION INC EMBA 2604246287 125 WEST JEFFERSON BLVD FORT WAYNE IN 46802 SUSAN WESNER TREASURER 2604246287 2020-05-18 true BRIAN D BOWMAN CPA P00540295 2604222551 2020-06-01 184.17.61.66 2020-06-01 17:08:14 P 8A73E682F1B656158531068CD07472A9799180C4 8A73E682F1B656158531068CD07472A9799180C4 2018 2020-11-06 18:47:13Z WHITNEY BANDEMER 125 WEST JEFFERSON BLVD FORT WAYNE IN 46802 3699031 false X WWW.FWEMBASSYTHEATRE.ORG X THE PURPOSE OF THE EMBASSY THEATRE FOUNDATION, INC. IS TO PRESERVE, AND OPERATE ONE OF INDIANA'S LARGEST HISTORIC THEATRES AND RESTORED INDIANA HOTEL; TO PROVIDE AND PRESENT QUALITY PROGRAMS FOR THE CULTURAL ENHANCEMENT OF ITS PATRONS; TO PROVIDE A FACILITY AND PERFORMANCE CENTER FOR USE BY PRESENTERS AND CIVIC, ARTS, EDUCATIONAL AND SERVICE-ORIENTED ORGANIZATIONS AS WELL AS CORPORATE AND INDIVIDUAL FUNCTIONS; AND TO REFLECT EXCELLENCE, INNOVATION, AND LEADERSHIP. 23 23 44 320 90000 67632 1190504 1241414 1640590 1812448 18051 100751 203387 290146 3052532 3444759 0 0 1093112 1227866 0 223003 1872457 2204012 2965569 3431878 86963 12881 19027782 19326031 1366683 1758098 17661099 17567933 X THE PURPOSE OF THE EMBASSY THEATRE FOUNDATION, INC. IS TO PRESERVE, AND OPERATE ONE OF INDIANA'S LARGEST HISTORIC THEATRES AND RESTORED INDIANA HOTEL; TO PROVIDE AND PRESENT QUALITY PROGRAMS FOR THE CULTURAL ENHANCEMENT OF ITS PATRONS; TO PROVIDE A FACILITY AND PERFORMANCE CENTER FOR USE BY PRESENTERS AND CIVIC, ARTS, EDUCATIONAL AND SERVICE-ORIENTED ORGANIZATIONS AS WELL AS CORPORATE AND INDIVIDUAL FUNCTIONS; AND TO REFLECT EXCELLENCE, INNOVATION, AND LEADERSHIP. false false 2593877 1812448 TO PRESERVE AND MAINTAIN ONE OF THE LARGEST HISTORIC THEATRES IN THE STATE OF INDIANA THROUGH QUALITY STAGE PERFORMANCES BY NATIONAL AND LOCAL ORGANIZATIONS AS WELL AS RENTAL OF THE BUILDING, INCLUDING THE HISTORIC INDIANA HOTEL, FOR ALL TYPES OF FUNCTIONS. 2593877 true true false false false false false false false true true false false false true true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 32 0 true 44 true true true false false false false true true false false false false false false false false X 23 23 false false true false false false false true true false false true true true true true true true true false IN X X KELLY UPDIKE 2604246287 125 WEST JEFFERSON BLVD FORT WAYNE IN 46802 WHITNEY BANDEMER CHAIR 1.00 X X 0 0 0 SUZANNE EHINGER DIRECTOR 1.00 X 0 0 0 ELIZABETH FREDERICK DIRECTOR 1.00 X 0 0 0 JOHN GEVERS DIRECTOR 1.00 X 0 0 0 ANGELA GRANT DIRECTOR 1.00 X 0 0 0 LEAH STRAUSS GRANT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER GUERIN DIRECTOR 1.00 X 0 0 0 CINDY HENRY DIRECTOR 1.00 X 0 0 0 CLAY JENNINGS DIRECTOR 1.00 X 0 0 0 CASEY KEIRN DIRECTOR 1.00 X 0 0 0 KARA KELLEY DIRECTOR 1.00 X 0 0 0 RICK MAPLES DIRECTOR 1.00 X 0 0 0 TOM MARCUCCILLI DIRECTOR 1.00 X 0 0 0 BOB NICKERSON DIRECTOR 1.00 X 0 0 0 JOHN O'CONNELL DIRECTOR 1.00 X 0 0 0 LESLIE KOEHLINGER RUSS DIRECTOR 1.00 X 0 0 0 JEREMY SENK DIRECTOR 1.00 X 0 0 0 KIMBERLY SHOPPELL DIRECTOR 1.00 X 0 0 0 BRADLEY STURGES DIRECTOR 1.00 X 0 0 0 TRACY SHELLABARGER DIRECTOR 1.00 X 0 0 0 PONE VONGPHACHANH VICE CHAIR 1.00 X X 0 0 0 SUSAN WESNER TREASURER 1.00 X X 0 0 0 VALENTINE WHITE-XAYARATH SECRETARY 1.00 X X 0 0 0 KELLY UPDIKE PRESIDENT AN 50.00 X 121667 0 8544 121667 8544 1 false false false 184349 14100 18476 1024489 29142 1241414 RENTAL INCOME 900099 591415 591415 COMMUNITY PROGRAMS 900099 458232 458232 CONCESSIONS/MERCHANDISE 900099 416781 416781 BOX OFFICE SERVICES 900099 182732 182732 THEATRE MAINT. FEES 900099 163288 163288 1812448 72551 72551 129019 100212 607 28807 -607 28200 -607 28807 353599 14100 153453 200146 200146 MARKETING INCOME 900099 90000 90000 90000 3444759 1811841 90000 301504 132998 13300 86449 33249 924259 609466 207240 107553 6159 4301 1147 711 84905 44735 27100 13070 79545 39773 27045 12727 1874 1874 33637 33637 7679 7679 29527 8682 20845 109178 80774 14202 14202 34565 13450 14545 6570 47555 47555 377170 338707 37058 1405 17210 17210 16569 16569 757331 742508 14823 79192 39596 26925 12671 PROGRAM EXPENSE - EVENT 628043 628043 EQUIPMENT EXPENSE 16250 15296 954 STAGE EXPENSE 15246 15246 OUTREACH & RECOGNITION 14687 14687 18299 18299 3431878 2593877 614998 223003 318468 7120 2076245 2950186 695610 471368 41541 121610 19303 21251 39127 45130 22894374 8533012 14770875 14361362 1058327 1339497 8286 8507 19027782 19326031 63509 130002 1266934 1566150 36240 61946 1366683 1758098 X 16991454 16718823 669645 849110 17661099 17567933 19027782 19326031 X 12881 -24947 -81100 X false true X true false X 831119 2910331 1099190 1190504 1241414 7272558 1128673 1452377 1503926 1640590 1812448 7538014 1959792 4362708 2603116 2831094 3053862 14810572 71000 1810180 535350 490119 230000 3136649 71000 1810180 535350 490119 230000 3136649 11673923 85084 65623 26022 47160 72551 296440 13136 15429 54429 82994 85084 65623 39158 62589 126980 379434 133890 142585 167411 173387 200146 817419 2178766 4570916 2809685 3067070 3380988 16007425 0.72930 0.71800 0.02000 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1104632 239530 54801 15143 7679 1376141 969256 63605 91380 12956 6653 1104632 835130 50000 91108 6982 969256 1526451 108515 55506 845785 9557 835130 1552972 2082 -14825 2098 11680 1526451 1.00000 false false 201125 201125 21126738 7439839 13686899 1566511 1093173 473338 14361362 ACCRUED WAGES AND PAYROLL WITHHOLDIN 61946 61946 X 3491074 -24947 6588 153453 135094 3355980 7679 81100 88779 3444759 3584240 6588 153453 160041 3424199 7679 7679 3431878 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, UNDER CERTAIN INTERNAL REVENUE CODE REGULATIONS, PROFITABLE, UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL AND STATE TAX. THE ORGANIZATION IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION AS DETERMINED BY THE INTERNAL REVENUE SERVICE AND IS NOT SUBJECT TO INCOME TAXES. THE ACCOUNTING STANDARD WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES 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 GUIDANCE, THE ORGANIZATION 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. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED AUGUST 31, 2019 AND 2018. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND FORM NP-20 FOR THE STATE OF INDIANA. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2016. SCHEDULE D, PAGE 4, PART XI, LINE 2D SPECIAL EVENT EXPENSE 153,453 SCHEDULE D, PAGE 4, PART XI, LINE 4B MARKETING INCOME TIMING DIFFERENCE 81,100 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSE 153,453 IN FESTIVAL OF TRE 285449 14100 271349 9111 48 106134 MARQUEE GALA 82250 82250 9940 18209 10011 367699 14100 353599 19051 18257 116145 153453 200146 X 1 15156 FAIR MARKET VALUE X EQUIPMENT/SUPPL 2 13986 FAIR VALUE false false false FORM 990 - ORGANIZATION'S MISSION THE PURPOSE OF THE EMBASSY THEATRE FOUNDATION, INC. IS TO PRESERVE, AND OPERATE ONE OF INDIANA'S LARGEST HISTORIC THEATRES AND RESTORED INDIANA HOTEL; TO PROVIDE AND PRESENT QUALITY PROGRAMS FOR THE CULTURAL ENHANCEMENT OF ITS PATRONS; TO PROVIDE A FACILITY AND PERFORMANCE CENTER FOR USE BY PRESENTERS AND CIVIC, ARTS, EDUCATIONAL AND SERVICE-ORIENTED ORGANIZATIONS AS WELL AS CORPORATE AND INDIVIDUAL FUNCTIONS; AND TO REFLECT EXCELLENCE, INNOVATION, AND LEADERSHIP. FORM 990, PAGE 6, PART VI, LINE 4 THE MINIMUM NUMBER OF BOARD MEMBERS HAS BEEN CHANGED FROM 19 TO 17. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. THE FORM 990 IS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS AND STAFF MEMBERS FILL OUT A CONFLICT OF INTEREST FORM EACH YEAR. THE FORMS ARE REVIEWED BY THE GOVERNANCE COMMITTEE. IF THERE IS AN ISSUE TO BE ADDRESSED, THE GOVERNANCE COMMITTEE WILL DETERMINE APPROPRIATE NEXT STEPS, WHICH ARE LISTED IN A PROCEDURAL DOCUMENT. FORM 990, PAGE 6, PART VI, LINE 15A BOARD MEMBERS RESEARCH THE JOB DESCRIPTION AND COMPENSATION FOR THE CURRENT PRESIDENT AND CEO VIA REVIEW OF SIMILAR NATIONAL AND LOCAL DATA AND DISCUSSIONS WITH THOSE IN SIMILAR POSITIONS. JOB DESCRIPTIONS AND SALARY RANGES ARE COMPLETED AFTER A REVIEW OF NATIONAL AND LOCAL DATA, INCLUDING SIMILAR POSITIONS AND ORGANIZATIONS. RESOURCES SUCH AS BOARD SOURCE, LEAGUE OF HISTORIC AMERICAN THEATRES, HR ORGANIZATIONS AND OTHERS ARE USED. FORM 990, PAGE 6, PART VI, LINE 15B AT THIS TIME, OFFICERS OTHER THAN THE PRESIDENT AND CEO DO NOT RECEIVE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE FORM 990 IS AVAILABLE ON THE EMBASSY THEATRE FOUNDATION'S WEBSITE. ADDITIONAL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 MARKETING REVENUE BOOK/TAX TIMING -81,100