2019-05-14T14:33:41-05:00 2018-06-30 208021464 PORTERFIELD & COMPANY CPA PLLC 300 N COLLEGE AVE STE 215 FAYETTEVILLE AR 72701 990 2017-07-01 201016258 THEATRE SQUARED INC THEA 4794456333 PO BOX 4188 FAYETTEVILLE AR 72702 MARTIN MILLER EXECUTIVE DIRECTOR 4794456333 2019-05-14 true TOM G PORTERFIELD P00320707 4792874739 2019-05-14 70.168.137.130 2019-05-14 14:33:41 CD P FC980AFFEB8D84D08D0D48D0A784876A30B67490 FC980AFFEB8D84D08D0D48D0A784876A30B67490 2017 2019-02-21 02:37:17Z THEATRE SQUARED INC LYNN DONALD CARVER 302 W ALLEN AVE SPRINGDALE AR 72764 8166659 false X THEATRE2.ORG X 2005 AR NORTHWEST ARKANSAS' PROFESSIONAL THEATRE PRODUCES EXCEPTIONAL PLAYS AND EXPANDS ARTS ACCESS AND EDUCATION. 11 11 96 100 0 8628812 7069426 511766 655117 906 6490 21945 31970 9163429 7763003 0 0 1137780 1219957 0 146094 698091 816161 1835871 2036118 7327558 5726885 11264638 19948840 276183 3233498 10988455 16715342 X THEATRE SQUARED PRODUCES EXCEPTIONAL PROFESSIONAL PLAYS, EXPANDS ARTS ACCESS AND EDUCATION, SERVES AS A VOICE FOR PLAYWRIGHTS IN MID-AMERICA, AND BRINGS TOGETHER NOT ONLY AUDIENCES BUT ALL SEGMENTS OF OUR COMMUNITY BY REMINDING US OF OUR COMMON HUMANITY. false false 1672046 655117 DURING THE 2017-18 SEASON, THEATRE SQUARED OFFERED 235 PERFORMANCES FOR AN AUDIENCE OF 45,000. THE THEATRE PRODUCED SIX PROFESSIONAL PRODUCTIONS, FIVE NEW PLAY WORKSHOPS, AND AN EDUCATIONAL TOURING PRODUCTION REACHING 18,000 STUDENTS AND THEIR TEACHERS AT 65 SCHOOLS THROUGHOUT ARKANSAS. 1672046 true true false false false false false false false false true false false true 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 59 0 96 true false false false false false true true false false false false false false X 11 11 false false false false false false false true true false false true true true false false false true true false AR X X ELLIOTT JAMES 4794456333 477 W SPRING STREET FAYETTEVILLE AR 72701 X LYNN DONALD CARVER PRESIDENT 3.00 X X 0 0 0 PATRIC BROSH VICE PRESIDE 3.00 X X 0 0 0 TOD YESLOW TREASURER 3.00 X X 0 0 0 STEPHEN NELSON SECRETARY 3.00 X X 0 0 0 DENISE GARNER DIRECTOR 3.00 X 0 0 0 LEIGH HOPKINS DIRECTOR 3.00 X 0 0 0 SUSAN HALL DIRECTOR 3.00 X 0 0 0 PHYLLIS HARRIS DIRECTOR 3.00 X 0 0 0 STACY LEEDS DIRECTOR 3.00 X 0 0 0 JUDY SCHWAB DIRECTOR 3.00 X 0 0 0 KIRK THOMPSON DIRECTOR 3.00 X 0 0 0 false false false 167058 1252842 5649526 332883 7069426 TICKET SALES 623451 623451 WORKSHOP TUITION 31666 31666 655117 5419 5419 327938 326867 1071 1071 1071 70804 167058 76789 -5985 -5985 CONCESSIONS 40815 40815 CREDIT CARD REWARDS 6273 6273 MISC. INCOME -9133 -9133 37955 7763003 655117 38460 X 1047001 826847 92174 127980 13622 13622 75064 65412 4301 5351 84270 68594 6373 9303 19261 19261 67 67 211461 178304 24389 8768 46299 46299 98109 73722 16446 7941 118037 95207 21248 1582 86061 69202 15420 1439 1700 1700 19345 16201 2736 408 8588 8588 PRODUCTION MATERIALS & SU 124360 123359 1001 ROYALTIES 61911 61911 BANK AND CREDIT CARD FEES 28978 28931 47 PROFESSIONAL DUES 4435 4435 -12451 5295 -17746 2036118 1672046 217978 146094 1276864 3052522 924694 6721477 4728381 20738 37752 47878 176790 104818 3228545 71972 11102655 11264638 19948840 78320 54542 197863 255099 2923857 276183 3233498 X 3644837 13845789 7343618 2869553 10988455 16715342 11264638 19948840 5726885 2 X false true X false false X 656384 1042636 4295040 8643353 7069426 21706839 320969 439166 607457 511766 655117 2534475 117892 117892 977353 1481802 4902497 9155119 7842435 24359206 30865 43050 42048 42100 68619 226682 30865 43050 42048 42100 68619 226682 24132524 5419 5419 5419 5419 72563 21420 45071 41008 180062 1049916 1503222 4947568 9196127 7847854 24544687 0.98320 0.98050 0.00000 0.00000 X PART III, LINE 12 180,062 36762 34919 1843 140028 69899 70129 71972 CONSTRUCTION IN PROGRESS- BLDG 11102655 11102655 NOTES PAYABLE 2923857 2923857 X 7927081 164924 -846 164078 7763003 7763003 2200194 164924 -848 164076 2036118 2036118 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION'S POLICY WITH RESPECT TO EVALUATING UNCERTAIN TAX POSITIONS IS BASED UPON WHETHER MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE UNCERTAIN TAX POSITIONS WILL BE SUSTAINED UPON REVIEW BY THE TAXING AUTHORITIES, THEN THE ORGANIZATION SHALL INITIALLY AND SUBSEQUENTLY MEASURE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE TAX POSITIONS MUST MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD WITH CONSIDERATION GIVEN TO THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON SETTLEMENT USING THE FACTS, CIRCUMSTANCES AND INFORMATION AT THE REPORTING DATE. THE ORGANIZATION WILL REFLECT ONLY THE PORTION OF THE TAX BENEFIT THAT WILL BE SUSTAINED UPON RESOLUTION OF THE POSITION AND APPLICABLE INTEREST ON THE PORTION OF THE TAX BENEFIT NOT RECOGNIZED BASED UPON MANAGEMENT'S ASSESSMENT. THERE ARE NO UNCERTAIN TAX POSITIONS EXPECTED TO HAVE A MATERIAL IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D DIRECT EVENT EXPENSES 44,069 ALLOWANCE FOR UNCOLL. PLEDGES -44,912 OTHER DIFFERENCE -3 SCHEDULE D, PAGE 4, PART XII, LINE 2D DIRECT EVENT EXPENSES 44,069 ALLOWANCE FOR UNCOLL. PLEDGES -44,912 OTHER DIFFERENCE -5 LOS ANGELES TRI 51500 18736 32764 32720 ANNUAL GALA 170982 136942 34040 2780 4586 10751 3200 16474 1 15380 11380 4000 400 1039 200 4639 237862 167058 70804 2780 4986 11790 3400 53833 76789 -5985 X 1 3234 FAIR MARKET VALUE X 11 326869 TRADE PRICE X RAFFLE PRIZES 3 2780 FAIR MARKET VALUE false false false FORM 990 - ORGANIZATION'S MISSION THEATRE SQUARED PRODUCES EXCEPTIONAL PROFESSIONAL PLAYS, EXPANDS ARTS ACCESS AND EDUCATION, SERVES AS A VOICE FOR PLAYWRIGHTS IN MID-AMERICA, AND BRINGS TOGETHER NOT ONLY AUDIENCES BUT ALL SEGMENTS OF OUR COMMUNITY BY REMINDING US OF OUR COMMON HUMANITY. FORM 990, PAGE 6, PART VI, LINE 11B BOARD MEMBERS WILL BE PROVIDED A DRAFT COPY OF THE FINAL VERSION OF THE 990 TO REVIEW AND COMMENT UPON PRIOR TO FILING OF THE RETURN. THE DRAFT 990 IS ALSO REVIEWED BY THE EXECUTIVE DIRECTOR AS WELL AS A FORMER CPA. FORM 990, PAGE 6, PART VI, LINE 15A THEATRESQUARED'S EXECUTIVE STAFF MEMBERS - THE EXECUTIVE DIRECTOR AND ARTISTIC DIRECTOR - ARE SUBJECT TO QUARTERLY REVIEW BY THE BOARD EXECUTIVE COMMITTEE, INCLUDING AN INDEPENDENT HUMAN RESOURCES AND BENEFITS ATTORNEY. COMPARABLE COMPENSATION AND BENEFITS WITHIN THE INDUSTRY ARE DETERMINED USING ANNUAL REPORTS FROM THE THEATRE COMMUNICATIONS GROUP. FORM 990, PAGE 6, PART VI, LINE 15B THEATRE SQUARED'S EXECUTIVE STAFF MEMBERS - THE EXECUTIVE DIRECTOR AND ARTISTIC DIRECTOR - ARE SUBJECT TO QUARTERLY REVIEW BY THE BOARD EXECUTIVE COMMITTEE, INCLUDING AN INDEPENDENT HUMAN RESOURCES AND BENEFITS ATTORNEY. COMPARABLE COMPENSATION AND BENEFITS WITHIN THE INDUSTRY ARE DETERMINED USING ANNUAL REPORTS FROM THE THEATRE COMMUNICATIONS GROUP. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES 178,304 24,389 8,768 FORM 990, PART XI, LINE 9 DIRECT EVENT EXPENSES 44,069 ALLOWANCE FOR UNCOLL. PLEDGES -44,912 OTHER DIFFERENCE -3 DIRECT EVENT EXPENSES -44,069 ALLOWANCE FOR UNCOLL. PLEDGES 44,912 OTHER DIFFERENCE 5 TOTAL 2