2018-03-14T14:09:09-05:00 2017-06-30 560571159 BERNARD ROBINSON & COMPANY LLP 4700 HOMEWOOD COURT STE 105 RALEIGH NC 27609 990 2016-07-01 561759337 CAROLINA THEATRE OF DURHAM INC CARO 9195603041 309 WEST MORGAN STREET DURHAM NC 27701 BLAKE CREWS DIRECTOR OF FINANCE 9195603070 2018-03-14 1 RONALD R KUYATH P00004660 9198620004 2018-03-07 12.198.32.162 2018-03-14 15:08:28 ED P 5F231B86F2743517AE2AF3F1E4D00FF616D6B0B6 B5EFA0F1907FAABFBFC34A72008FB15EB96CE04A 2016 2021-01-29 14:40:06Z REBECCA NEWTON 309 WEST MORGAN STREET DURHAM NC 27701 3560859 0 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. 18 18 112 325 0 0 1246417 803740 4026455 1863947 258 2125 788801 755987 6061931 3425799 0 0 0 0 1613989 1430742 0 0 196568 3613865 1239352 5227854 2670094 834077 755705 597601 871975 1184050 702719 -586449 169256 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. 0 0 2125627 2619934 CAROLINA THEATRE IS A FULLY FUNCTIONING PERFORMING ARTS FACILITY. IT PRESENTS A VARIETY OF LIVE PERFORMANCES BY LOCAL PERFORMING ARTS GROUPS AND CELEBRITY ENTERTAINERS. CAROLINA THEATRE'S MISSION IS "PRESENTING ARTS - PRESERVING HISTORY". 2125627 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 0 1 78 0 1 112 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NC X BLAKE CREWS 9195603070 309 WEST MORGAN STREET DURHAM NC 27701 MICHAEL SCHOENFIELD CHAIRPERSON 1.00 X X 0 0 0 EMILY PAGE VICE CHAIRPERSON 1.00 X X 0 0 0 MARK STANFORD TREASURER 1.00 X X 0 0 0 ASHER HILDEBRAND SECRETARY 1.00 X X 0 0 0 RICHARD ARNOLD BOARD MEMBER 1.00 X 0 0 0 CORA COLE-MCFADDEN BOARD MEMBER 1.00 X 0 0 0 RONNIE EUBANKS BOARD MEMBER 1.00 X 0 0 0 ELIZABETH HALL BOARD MEMBER 1.00 X 0 0 0 SANDI HAYNES BOARD MEMBER 1.00 X 0 0 0 LISA LONG JACKSON BOARD MEMBER 1.00 X 0 0 0 NICOLE OXENDINE BOARD MEMBER 1.00 X 0 0 0 BARRY POSS BOARD MEMBER 1.00 X 0 0 0 ELLEN RECKHOW BOARD MEMBER 1.00 X 0 0 0 VALERIE WHITTED BOARD MEMBER 1.00 X 0 0 0 MARC LEE BOARD MEMBER 1.00 X 0 0 0 DAWN PAFFENROTH BOARD MEMBER 1.00 X 0 0 0 WILL SENDALL BOARD MEMBER 1.00 X 0 0 0 ALEJANDRA RODRIGUEZ VILLAR BOARD MEMBER 1.00 X 0 0 0 DANIEL BERMAN INTERIM CEO 40.00 X 0 0 0 BLAKE CREWS DIRECTOR OF FINANCE 40.00 X 67944 0 0 67944 0 0 0 0 0 0 0 177403 626337 14163 803740 ADMISSIONS 711110 809421 809421 MANAGEMENT FEE 711110 654050 654050 SERVICE INCOME 711110 259063 259063 RESTORATION FEES 711110 141413 141413 1863947 2125 2125 404529 0 404529 404529 404529 427453 135060 292393 292393 TICKETING FEES 711110 38733 38733 ORDER HANDLING FEES 711110 20332 20332 59065 3425799 2619934 0 2125 X 72444 72444 1153668 952826 42866 157976 107661 82244 9767 15650 96969 74076 8797 14096 33459 33459 81291 81291 311659 260651 51008 72354 70913 1441 53427 43251 8283 1893 149678 149678 166193 145915 18774 1504 11278 11119 106 53 8893 2182 6711 40000 38800 800 400 13892 9993 1997 1902 PRODUCTION EXPENSES 67134 66206 619 309 SERVICE CHARGES 56547 48256 8291 SOFTWARE LICENSES 43660 42350 873 437 REPAIRS AND EQUIPMENT 40935 39707 819 409 88952 87460 994 498 2670094 2125627 347899 196568 218066 462263 51056 41600 23883 41915 12383 14240 14649 19883 462355 197557 276103 264798 1461 27276 597601 871975 530392 134130 229084 100532 55432 43089 350000 50000 19142 374968 1184050 702719 X -656263 85359 69814 83897 -586449 169256 597601 871975 755705 0 X 0 1 X 1 0 X 319048 390327 454256 996417 803740 2963788 319048 390327 454256 996417 803740 2963788 235533 2728255 4 505 258 2125 2892 109454 59065 168519 3135199 16018481 0.87020 0.77820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119780 33552 86228 303972 151229 152743 38603 12776 25827 264798 AMOUNTS HELD FOR OTHERS 374968 374968 X 3678299 117440 117440 3560859 -135060 -135060 3425799 2922594 117440 135060 252500 2670094 0 2670094 PART X, LINE 2: IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2017 AND 2016. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONCESSION EXPENSES (COST OF GOODS SOLD) INCLUDED IN STATEMENT OF REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSION EXPENSES (COST OF GOODS SOLD) INCLUDED IN STATEMENT OF REVENUE FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THIS RETURN WAS REVIEWED BY THE DIRECTOR OF FINANCE AND CEO PRIOR TO FILING. ADDITIONALLY, A COPY OF THIS RETURN WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS SUBSEQUENT TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE BOARD OF TRUSTEES REVIEWS THE EXECUTIVE DIRECTORS SALARY. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 51,008. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,008. ARTIST FEES: PROGRAM SERVICE EXPENSES 260,651. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 260,651. THE DANIEL AND KAREN BERMAN FOUNDATION FOUNDATION SOURCE 501 SILVERSIDE RO WILMINGTON DE 198091377 203966126 PRIVATE GRANTMAKING FOUNDATION DE 501(C)(3) LINE 11B, II N/A 0 CITY OF DURHAM 101 CITY HALL PLAZA DURHAM NC 27701 566000225 MANAGING THE OPERATIONS OF THE CITY OF DURHAM NC N/A 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 THE DANIEL AND KAREN BERMAN FOUNDATION C 20000 PLEDGED AMOUNT THE DANIEL AND KAREN BERMAN FOUNDATION E 50000 LOAN AMOUNT CITY OF DURHAM L 654050 CASH RECEIVED CITY OF DURHAM C 177403 CASH RECEIVED