2017-01-20T15:53:47-06:00 2016-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE STE 1400 BALTIMORE MD 21202 990 2015-07-01 520780194 CENTER STAGE ASSOCIATES INC CENT 4109864000 700 NORTH CALVERT STREET BALTIMORE MD 21202 ELIZABETH FETCHO DIRECTOR OF FINANCE 4109864003 2017-01-18 1 JULIA FLANNERY CPA P00928918 4102469300 2015 2021-01-29 14:40:06Z STEPHEN RICHARD 700 NORTH CALVERT STREET BALTIMORE MD 21202 20585652 0 X WWW.CENTERSTAGE.ORG X 1963 MD WE STRIVE TOWARDS BEING A LEADER IN THE FIELD OF LOCAL, NATIONAL & INTERNATIONAL THEATER, NOT JUST IN THE RICH AND DIVERSE WORK WE MAKE AND HOW WE MAKE IT, BUT BY THINKING INNOVATIVELY ABOUT THE WAY ART AND ENTERTAINMENT COMMUNICATE IN THE 21ST CENTURY, AS WELL AS, THE THEATER'S CIVIC DUTIES, ITS ENGAGEMENT WITH THE COMMUNITY, AND ITS CAPACITY TO INSPIRE AUDIENCES AND PRACTITIONERS. 45 45 441 741 9993 0 14256226 8310162 4802680 2178307 1905922 -554690 424201 489612 21389029 10423391 0 0 0 0 5502265 4964238 25088 60280 780370 4564062 4246250 10091415 9270768 11297614 1152623 38273704 45680347 1489933 8719710 36783771 36960637 X CENTER STAGE IS AN ARTISTICALLY DRIVEN INSTITUTION COMMITTED TO ENGAGING, ENTERTAINING, AND ENRICHING OUR AUDIENCES OF TODAY AND TOMORROW THROUGH JOYOUS AND BOLD PERFORMANCE. 0 0 6546995 2117890 ARTISTIC: CENTER STAGE'S PRIMARY ARTISTIC ACTIVITIES INCLUDE PRODUCING UP TO SEVEN FULL-LENGTH PLAYS EACH SEASON IN OUR 2 MAINSTAGE THEATERS. WE PRODUCE A DIVERSE MIX OF CONTEMPORARY AND CLASSIC PLAYS EACH SEASON. 268797 57048 EDUCATION: CENTER STAGE'S EDUCATION PROGRAMS ANNUALLY BENEFIT 10,000 STUDENTS AND TEACHERS. INNOVATIVE PROGRAMS INTRODUCE STUDENTS TO THE PERFORMING ARTS AND HELP BUILD THE NEXT GENERATION OF WELL-ROUNDED CITIZENS. LISTED ARE A FEW OF OUR PROGRAMS; STUDENT MATINEES, ENCOUNTER, YOUNG PLAYWRIGHTS FESTIVAL, TOGETHER AT THE TABLE, AND CAMP CENTER STAGE. 116646 3369 NEW PLAY DEVELOPMENT: CENTER STAGE SUPPORTS THE DEVELOPMENT OF NEW WORK THROUGH OUR MULTI-FACETED NEW PLAY PROGRAMMING: PLAY LABS, WRIGHT RIGHT NOW, HOT DESK PLAYWRITING RESIDENCIES, AND PLAYWRIGHTS COLLECTIVE. 7502 CENTER STAGE HAS BEGUN TO EXPAND ITS COMMITMENT TO "ACCESS FOR ALL" THROUGH OUR CENTER STAGE MOBILE UNIT. THIS PROGRAM TOURS PERFORMANCES OF CLASSIC WORKS AT HOMELESS SERVICE ORGANIZATIONS AND THE MARYLAND CORRECTIONAL INSTITUTE IN JESSUP, AMONG SEVERAL OTHER PLACES. 7502 6939940 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 176 0 1 441 1 1 1 0 0 0 0 1 1 0 0 0 0 X 45 45 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X ELIZABETH FETCHO 4109864003 100 N CALVERT ST BALTIMORE MD 21202 TERRY H MORGENTHALER PRESIDENT 10.00 X X 0 0 0 EDWARD C BERNARD VICE PRESIDENT 4.00 X X 0 0 0 AUGUST J CHIASERA VICE PRESIDENT 4.00 X X 0 0 0 BETH W FALCONE VICE PRESIDENT 4.00 X X 0 0 0 BRIAN EAKES TREASURER 4.00 X X 0 0 0 JW THOMPSON WEBB SECRETARY 4.00 X X 0 0 0 PENNY BANK TRUSTEE 1.00 X 0 0 0 MEREDITH BORDEN TRUSTEE 1.00 X 0 0 0 JAMES T BRADY TRUSTEE (THRU 6/6/16) 1.00 X 0 0 0 STEPHANIE CARTER TRUSTEE 1.00 X 0 0 0 LYNN DEERING TRUSTEE (THRU 6/6/16) 1.00 X 0 0 0 JED DIETZ TRUSTEE 1.00 X 0 0 0 WALTER B DOGGETT III TRUSTEE 1.00 X 0 0 0 JANE WI DROPPA TRUSTEE 1.00 X 0 0 0 AMY ELIAS TRUSTEE 1.00 X 0 0 0 JULIET A EURICH TRUSTEE 1.00 X 0 0 0 JENNIFER A FOSTER TRUSTEE 1.00 X 0 0 0 DANIEL GAHAGAN TRUSTEE 1.00 X 0 0 0 C RICHARD GAMPER JR TRUSTEE 1.00 X 0 0 0 SUZAN GARABEDIAN TRUSTEE 1.00 X 0 0 0 ADAM GROSS TRUSTEE 1.00 X 0 0 0 CHERYL O'DONNELL GUTH TRUSTEE 1.00 X 0 0 0 ELIZABETH J HIMELFARB HURWITZ TRUSTEE 1.00 X 0 0 0 KATHLEEN W HYLE TRUSTEE 1.00 X 0 0 0 TED E IMES TRUSTEE 1.00 X 0 0 0 WENDY JACHMAN TRUSTEE 1.00 X 0 0 0 JOE JENNINGS TRUSTEE 1.00 X 0 0 0 JOHN J KEENAN TRUSTEE (THRU 6/6/16) 1.00 X 0 0 0 E ROBERT KENT JR TRUSTEE 1.00 X 0 0 0 BJOERN LEYSER TRUSTEE 1.00 X 0 0 0 JOHN MCCARDELL TRUSTEE 1.00 X 0 0 0 HUGH W MOHLER JR TRUSTEE 1.00 X 0 0 0 J WILLIAM MURRAY TRUSTEE 1.00 X 0 0 0 CHARLES E NOELL TRUSTEE 1.00 X 0 0 0 JUDY M PHARES TRUSTEE 1.00 X 0 0 0 PHILIP J RAUCH TRUSTEE 1.00 X 0 0 0 HAROLD ROJAS TRUSTEE 1.00 X 0 0 0 RENEE C SAMUELS ROSENFELD TRUSTEE 1.00 X 0 0 0 TODD SCHUBERT TRUSTEE 1.00 X 0 0 0 CHARLES SCHWABE TRUSTEE 1.00 X 0 0 0 ROBERT W SMITH TRUSTEE (THRU 6/6/16) 1.00 X 0 0 0 SCOTT SOMERVILLE TRUSTEE 1.00 X 0 0 0 SCOT T SPENCER TRUSTEE 1.00 X 0 0 0 MICHAEL BSTYER TRUSTEE 1.00 X 0 0 0 HARRY THOMASIAN TRUSTEE 1.00 X 0 0 0 KENNETH THOMPSON TRUSTEE 1.00 X 0 0 0 DONALD THOMS TRUSTEE 1.00 X 0 0 0 KRISSIE VERBIC TRUSTEE 1.00 X 0 0 0 LINDA S WOOLF TRUSTEE 1.00 X 0 0 0 STEPHEN RICHARD MANAGING DIRECTOR 60.00 X 182337 0 20211 KWAME KWEI-ARMAH ARTISTIC DIRECTOR 60.00 X 181930 0 20424 SUSAN ROSEBERY DIRECTOR OF FINANCE 60.00 X 91333 0 8650 455600 0 49285 2 0 1 0 CHO BENN HOLBACK & ASSOCIATES INC 100 N CHARLES STREET 14TH FLOOR BALTIMORE MD 21201 ARCHITECHTS 1005618 FRANK JOSEPH EMALA 5406 BALISTAN ROAD ROSEDALE MD 21237 CONSTRUCTION CONTRACTOR 489341 CHARCOALBLUE LLC 134 WEST 26TH STREET SUITE 604 NEW YORK NY 10001 THEATER CONSULTANTS 256972 SASCHA'S 527 N CHARLES ST BALTIMORE MD 21202 CATERING 150590 THE CLASSIC CATERING PEOPLE 99 PAINTERS MILL ROAD OWINGS MILLS MD 21117 CATERING 103382 5 104224 2048183 6157755 250000 8310162 SEASON / SINGLE SALES 900099 1979178 1979178 REFRESHMENTS 900099 89286 89286 EDUCATION WORKSHOPS 900099 57048 57048 BOOKED IN EVENT 900099 42802 42802 ADVERTISING SPONSORSHI 511190 9993 9993 2178307 499277 499277 39461 0 39461 39461 39461 8919040 8618313 1354694 300727 -1354694 -1053967 -1053967 574996 104224 189254 385742 385742 MISCELLANEOUS 900099 64409 64409 64409 10423391 2079028 9993 24208 502677 280000 172677 50000 3718355 2753431 668700 296224 75024 61669 11460 1895 258416 202969 39582 15865 409766 297421 74784 37561 158276 17164 4742 136370 53167 13837 39330 60280 60280 65524 65524 429737 429737 422133 377992 31786 12355 515645 359484 117864 38297 19707 13795 5912 114544 114544 733413 455722 159656 118035 279426 248758 19220 11448 16522 2236 12246 2040 2890 2023 867 511726 460553 51173 80278 64222 16056 PRODUCTION BUILD EXP. 804975 746096 58879 CONCESSION SERVICES 38287 38287 9270768 6939940 1550458 780370 4241 950 3694902 3613122 9902073 9753736 120628 39535 371562 297940 25303839 7353939 8293344 17949900 15476637 13595155 410317 430009 38273704 45680347 475253 324236 940614 870841 4770951 74066 2753682 1489933 8719710 X 13789262 16125744 12733813 10574197 10260696 10260696 36783771 36960637 38273704 45680347 1152623 -975757 0 X 0 1 X 1 0 X 2410007 2756909 4286786 14256226 8310162 32020090 2410007 2756909 4286786 14256226 8310162 32020090 3043030 28977060 518934 412755 562917 642916 538738 2676260 20211 4086 12586 416 64409 101708 34798058 18523758 0.83270 0.77920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17383092 19692 -178369 2154269 15070146 18251248 496314 506027 1870497 17383092 17055137 18788 2882791 1705468 18251248 16245447 21385 2054372 1266067 17055137 17065190 18053 242408 1080204 16245447 0.23770 0.68090 0.08140 0 0 10545570 6069431 4476139 1583407 1284508 298899 13174862 13174862 17949900 CAPITAL LEASE PAYABLE 2072 OTHER LIABILITIES 85357 ACCRUED CONSTRUCTION EXPENSES 2666253 2753682 X 9571364 -975757 189254 -786503 10357867 65524 65524 10423391 9394498 189254 189254 9205244 65524 65524 9270768 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE RESTRICTED TO INVESTMENT IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT EDUCATION, DRAMATURGY, AND ARTISTIC INITIATIVES. BOARD DESIGNATED FUNDS ARE FOR GENERAL OPERATING EXPENSES. PART X, LINE 2: THE THEATER HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH 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 POLICY, THE THEATER 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. MANAGEMENT HAS EVALUATED THE THEATER'S TAX POSITIONS AND HAS CONCLUDED THAT THE THEATER HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. THE THEATER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 189,254. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 189,254. X X X X X X X 1 CLAIR SEGAL 3801 CANTERBURY ROAD UNIT 918 BALTIMORE MD 21218 CAPITAL CAMPAIGN CONSULTANT 0 0 60280 -60280 60280 -60280 MD GALA 557168 104224 452944 80424 26033 39704 ON LINE AUCTION 122052 122052 43093 679220 104224 574996 80424 26033 82797 189254 385742 X X X 0 0 0 0 0 0 0 0 0 STEPHEN RICHARD MANAGING DIRECTOR 182258 0 0 0 79 0 4175 0 16036 0 202548 0 0 0 KWAME KWEI-ARMAH ARTISTIC DIRECTOR 181912 0 0 0 18 0 4076 0 16348 0 202354 0 0 0 X 1 250000 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF FINANCE (DOF) PROVIDES THE INFORMATION FOR THE 990 WHICH IS PREPARED BY RSM US LLP. A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE MANAGING DIRECTOR, DEVELOPMENT DIRECTOR, BOARD PRESIDENT, AUDIT COMMITTEE CHAIR AND FINANCE COMMITTEE CHAIR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL TRUSTEES AND OFFICERS AND TO ANY EMPLOYEE WHO CAN INFLUENCE THE ACTIONS OF CENTERSTAGE. IT IS THE POLICY OF THE BOARD OF TRUSTEES THAT THE EXISTENCE OF ANY CONFLICT OF INTEREST SHALL BE DISCLOSED BEFORE ANY RELATED TRANSACTION IS CONSUMMATED. IT SHALL BE THE CONTINUING RESPONSIBILITY OF TRUSTEES, OFFICERS AND EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTEREST AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO MAKE SUCH DISCLOSURE. TRUSTEES, OFFICERS AND EMPLOYEES WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHOULD NOT PARTICIPATE IN DISCUSSIONS OR VOTE ON MATTERS AFFECTING TRANSACTIONS GIVING RISE TO THE CONFLICT. A CONFLICT OF INTEREST QUESTIONNAIRE WILL BE DISTRIBUTED ANNUALLY TO ASCERTAIN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ON THE PART OF ALL CENTERSTAGE TRUSTEES. THE MANAGING DIRECTOR WILL RECOMMEND A LIST OF EMPLOYEES TO THE BOARD OF TRUSTEES COMMITTEE WHO SHOULD BE ASKED TO COMPLETE THIS QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 EVERY SEASON EMPLOYEES COMPENSATION IS EVALUATED AND COMPARED WITH DATA AVAILABLE THROUGH OUR TRADE ORGANIZATION, THEATER COMMUNICATIONS GROUP. SALARY LEVELS ARE REVIEWED AND APPROVED BY THE MANAGING DIRECTOR, HUMAN RESOURCES AND/OR DIRECTOR OF FINANCE. THE MANAGING DIRECTOR AND ARTISTIC DIRECTORS COMPENSATION PACKAGE IS DETERMINED, REVIEWED AND APPROVED BY THE PRESIDENT OF THE BOARD OF TRUSTEES. EMPLOYMENT UNDERSTANDING MEMOS ARE ISSUED AND SIGNED BY EACH EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION AT OUR THEATERS'S OFFICES AND ARE AVAILABLE ELECTRONICALLY OR IN PAPER UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, OUR FINANCIAL STATEMENTS AND TAX RETURNS ARE POSTED ON OUR WEBSITE. FORM 990, PART IX, LINE 11G INCLUDES FEES PAID TO ARTISTIC CONSULTANTS (DIRECTORS, CHOREOGRAPHERS, SPEECH COACHES, DRAMATURGES, PLAYWRIGHTS, COMPOSERS AND CASTING DIRECTORS) AND SET, COSTUME, LIGHT AND SOUND DESIGNERS.