2019-03-01T10:02:22-08:00 2018-06-30 562271237 THOMAS & GIBBS CPAS PLLC 6114 FAYETTEVILLE RD STE 101 DURHAM NC 277136284 990 2017-07-01 561759337 Carolina Theatre of Durham Inc CARO 9195603041 309 West Morgan Street Durham NC 27701 Rebecca Newton President & CEO 2019-03-01 true Kenneth D Gibbs P00238164 9195440555 2017 2019-02-21 02:37:17Z Rebecca Newton 309 W Morgan St Durham NC 27701 3318883 false false X www.carolinatheatre.org X 1992 NC To serve greater Durham and the Triangle region with vibrant, thought-provoking programs of the performing and cinematic arts in our historic treasure, the Carolina Theatre. We strive to contribute to the cultural and economic vitality of downtown Durham and to delight and educate our children and future leaders. 19 19 114 325 0 803740 453184 1863947 1725831 2125 4 755987 995665 3425799 3174684 0 0 1430742 1553459 0 100633 1239352 1146836 2670094 2700295 755705 474389 871975 1566941 702719 923297 169256 643644 X To serve greater Durham and the Triangle region with vibrant, thought-provoking programs of the performing and cinematic arts in our historic treasure, the Carolina Theatre. We strive to contribute to the cultural and economic vitality of downtown Durham and to delight and educate our children and future leaders. false false 1925505 1725831 Carolina Theatre of Durham, Inc. is dedicated to presenting vibrant, thought-provoking film and live performances that contribute to the cultural and economic vitality of downtown Durham and the Triangle region. 150000 Arts Discovery & Education - Carolina Theatre of Durham's ("CTD") Arts Discovery Educational Series presents a wide range of artists and performances to school children from grands K to 12. The total cost of this program is over $150,000 per year which is funded by donations. In FY 2017-2018, CTD reported the involvement of over 165 schools and about 13,000 school children. CTD provides free tickets to Title One schools who would otherwise not be able to afford tickets. 100000 Non-profit rentals. CTD provides turnkey technical and box office services to over 30 local arts organizations like the Chamber Orchestra of the Triangle, The Savoyards and the Triangle Youth Ballet. Total non-profit rental events in FY 2017-2018 were about 100. The total cost of this program is over $100,000 and is funded in part by rental charges to the various organizations. 50000 2225505 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false true false false false false true false false false false true false false false true 21 0 true 114 true false false false false false false false false 0 false false false false false false false false false false X 19 19 false false false false false false false true true false false true true true true false true true true false X Blake Crews 9195603070 309 West Morgan Street Durham NC 27701 Michael Schoenfeld Chairman 1.00 0.00 X X 0 0 0 Emily Page Vice Chair 1.00 0.00 X X 0 0 0 Asher Hildebrand Secretary 1.00 0.00 X X 0 0 0 Dawn Paffenroth Treasurer 1.00 0.00 X X 0 0 0 DeDreana Freeman Director 1.00 0.00 X 0 0 0 Ellen Reckhow Director 1.00 0.00 X 0 0 0 Richard Arnold Director 1.00 0.00 X 0 0 0 Jesica Averhart Director 1.00 0.00 X 0 0 0 Ronnie Eubanks Director 1.00 0.00 X 0 0 0 Elizabeth Hall Director 1.00 0.00 X 0 0 0 Sandi Haynes Director 0.00 0.00 X 0 0 0 Long Jackson Director 1.00 0.00 X 0 0 0 Marc Lee Director 1.00 0.00 X 0 0 0 Nicole Oxendine Director 1.00 0.00 X 0 0 0 Barry Poss Director 1.00 0.00 X 0 0 0 Alejandra Juno Rodriguez Villa Director 1.00 0.00 X 0 0 0 Susan Scott Director 1.00 0.00 X 0 0 0 Valerie Whitted Director 1.00 0.00 X 0 0 0 Dan Berman Director 1.00 0.00 X 0 0 0 Rebecca Newton President & CEO 40.00 0.00 X 22964 0 0 Blake Crews Dir. of Finance 40.00 0.00 X 77846 0 0 100810 0 false false false 0 453184 44575 453184 Admissions 711110 613203 613203 City Management fee 711110 673671 673671 Restoration fees 711110 161675 161675 Service income 711110 277282 277282 1725831 4 4 0 0 431917 431917 431917 431917 0 0 0 479383 144199 335184 335184 Legal settlement 151000 151000 Order handling 711110 51966 51966 Ticketing Fees 711110 25598 25598 228564 3174684 2570500 151000 0 0 0 0 165802 13962 135597 16243 0 1178484 1069813 72155 36516 0 100230 79835 15906 4489 108943 86775 17289 4879 0 0 48687 48687 0 0 0 263067 183768 49690 29609 38343 38343 0 0 155874 155874 131722 127771 2634 1317 23625 23625 0 0 2451 2451 0 49989 48489 1000 500 22315 11194 10492 629 Dues, licenses and registratio 86729 84127 1735 867 Rent, repairs & minor equipmen 80890 79183 1138 569 Service charges 54308 46118 8190 Supplies and Materials 39268 31391 6850 1027 149568 142786 2794 3988 2700295 2225505 374157 100633 462263 879098 0 41600 60000 41915 167100 0 0 0 14240 18121 19883 53547 599925 247546 264798 352379 0 0 0 0 27276 36696 871975 1566941 134130 110417 100532 181303 43089 31114 50000 50000 374968 550463 702719 923297 X 85359 535744 83897 107900 169256 643644 871975 1566941 X 474389 -1 X false true X true false X 390327 454256 996417 803740 453184 3097924 0 0 390327 454256 996417 803740 453184 3097924 127631 2970293 505 258 2125 4 2892 0 109454 59065 228564 397083 3497899 9319607 0.84920 0.87020 X 119780 42186 77594 364904 133085 231819 115241 72275 42966 352379 Deferred Revenue 550459 Rounding 4 550463 X 3348050 29167 144199 173366 3174684 3174684 2873661 29167 144199 173366 2700295 2700295 Part X : FIN48 Footnote Income from certain activities not directly related to the Theatre's tax-exempt purposes may be subject to taxation as unrelated business income. The Theatre currently has no obligation for unrelated business income tax. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Cost of goods sold netted with revenue $144199 Part XII, Line 2d: Other expenses and losses per audited F/S COGS netted with revenue $144199 Berman Family Foundation Current Director Operating capital X 50000 false true true 5 4700 Market value X Loan forgiveness 1 30000 FMV Advertising 2 9875 Market value false false false Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: NCGLFF. In August of each year, CTD produces the NC Gay & Lesbian Film Festival which is the second largest event of its kind in the Southeastern US and a signature event for the City of Durham. The total cost of this program exceeds $50,000 per year and is funded by donations and film admissions. During FY 2017-2018 attendance at this event exceeded 8,000. Form 990, Part VI, Line 11b: Form 990 Review Process Initial draft is prepared by outside CPA firm based on audited financial statements and other information. Detailed review performed by Director of Finance. Draft form 990 is distributed to all Board of Trustees for their review and comment. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Not consistently monitored. This was a management letter comment for the FY 2018 audit and will be addressed in FY 2019. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management New CEO began in FY 2018. Her salary was negotiated by the Board Chairman. Other salaries for key employees are set by the CEO and approved as part of the annual budgeting process. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Other salaries for key employees are set by the CEO and approved as part of the annual budgeting process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available None. Other Changes In Net Assets Or Fund Balances - Other Decreases Rounding = -$1 The Daniel and Karen Berman Foundation 501 Silverside Road Wilmington DE 198091377 203966126 Private Foundation - grantmaking DE 501(c)(3) N/A false City of Durham 101 City Hall Plaza Durham NC 27701 566000225 Operations of the City of Durham NC N/A false false false true false true false false false false false false true false false false false false false false The Daniel and Karen Berman Foundation c 50000 Pledged amount The Daniel and Karen Berman Foundation e 50000 Loan amount City of Durham l 673671 Cash received