2018-09-17T15:49:05-05:00 2017-10-31 390859910 Baker Tilly Virchow Krause LLP 1423 N Atherton Street State College PA 16803 990 2016-11-01 680490220 STATE THEATRE INC STAT 8142720606 130 West college ave STATE COLLEGE PA 16801 RICHARD J WISNIEWSKI Treasurer 8142720606 2018-09-14 1 Rick Bair CPA P00062995 8142376586 2018-09-14 4.78.172.68 2018-09-14 09:18:54 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E320EB4BB1005168493EB6B8D8A9A0CD0A1A1374 2016 2018-06-14 16:35:46Z ERIN O'LEARY 130 West college ave STATE COLLEGE PA 16801 1474940 0 X www.thestatetheatre.org X 2001 PA Community performing arts center 17 17 60 70 0 0 293747 220236 1239567 1236935 412 7 111250 17762 1644976 1474940 0 0 0 0 502537 551024 0 0 15828 1159933 1283653 1662470 1834677 -17494 -359737 5803689 5521594 2439486 3180137 3364203 2341457 X We are a vibrant, inclusive theatre, offering our venue as a community stage, a center for local, regional, and international performers, an experiential learning environment, and a responsive philanthropic space. 0 0 1393083 1236935 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. The State Theatre is the only community owned and operated performing arts center in Centre County. We just completed our eleventh year of operations on October 31st. Our primary activities and the purpose of the organization has been consistent. We are here to provide a venue for community performing arts groups and individuals. More and more local organizations have begun utilizing the theatre for their events. As stated in our application, we have seen theatrical organizations come of age and book the theatre, local film makers premier their work at the State and other arts organizations grow considerably because they now have a home. We continue to provide cultural experiences by presenting national and international touring artists and international and independent cinema as well. 1393083 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 1 0 1 60 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 PA X KIRK LARTER ACCOUNTANT 8142720606 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 ALAN KIRK DIRECTOR 5.00 X 0 0 0 NADINE KOFMAN DIRECTOR 5.00 X 0 0 0 LISA PETERS DIRECTOR 5.00 X 0 0 0 BRUCE APPLEBAUM DIRECTOR 5.00 X 0 0 0 JAY BARTLETT DIRECTOR 5.00 X 0 0 0 ERIN O'LEARY DIRECTOR 5.00 X 0 0 0 JENNIFER ZANGRILLI DIRECTOR 5.00 X 0 0 0 CRAIG MORROW DIRECTOR 5.00 X 0 0 0 OJ JOHNSTON DIRECTOR 5.00 X 0 0 0 KEN SHAFANKO DIRECTOR 5.00 X 0 0 0 DAVE DEFILIPPIS DIRECTOR 5.00 X 0 0 0 CHREYL TROMBLEY DIRECTOR 5.00 X 0 0 0 ADRIENNE DARRAH DIRECTOR 5.00 X 0 0 0 JONATHAN LEVIN PRESIDENT 5.00 X 0 0 0 ROSE CAMERON VICE PRESIDENT 5.00 X 0 0 0 RICHARD J WISNIEWSKI TREASURER 5.00 X 0 0 0 JULIAN ALLATT SECRETARY 5.00 X 0 0 0 0 0 0 0 0 0 0 0 63050 157186 220236 TICKET SALES 711110 899048 899048 PRODUCTION REVENUE 711110 337887 337887 1236935 7 7 DEBT FORGIVENESS 711110 17762 17762 17762 1474940 1236935 0 17769 65000 65000 413899 349596 59514 4789 16875 12319 4387 169 55250 40332 14365 553 23355 17449 5906 12878 12878 60828 29730 29730 1368 42245 24607 17638 92775 92775 208457 138971 69486 16654 11103 5551 Show expenses 710354 707311 3043 Concessions 53576 53576 MAINTENANCE 38525 10588 27937 service expense 21934 21934 2072 2072 1834677 1393083 425766 15828 108828 23843 12584 1150 2979 4603 4450 6760 7740437 2255199 5674848 5485238 5803689 5521594 42712 22169 120932 139757 1904090 1943741 371752 1074470 2439486 3180137 X 3364203 2341457 3364203 2341457 5803689 5521594 -359737 -663009 0 X X 1 X 0 1 0 X 207099 327497 271658 293747 220236 1320237 207099 327497 271658 293747 220236 1320237 1320237 301 412 7 720 341464 84981 111250 17762 555457 1876414 5478709 0.70360 0.69200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 600000 600000 6496475 1756037 4740438 643962 499162 144800 5485238 Deposits and payroll liabilities withheld 33546 Construction payables 285180 ACCRUED INTEREST 755744 1074470 X 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 2017. 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 Staff 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 Board members must sign a conflict of interest policy annualy. Form 990, Part VI, Section C, line 19 Form 990 is available for public inspection at the Theatre's main office. FORM 990, PART XII, LINE 2C NO CHANGE IN PROCESS DURING THE CURRENT YEAR.