2017-01-31T21:12:14-06:00 2016-06-30 450494838 FRIED AND KOWGIOS PARTNERS CPA'S LLP 441 LEXINGTON AVENUE NEW YORK NY 10017 990 2015-07-01 221950890 COUNT BASIE THEATRE INC COUN 7322248778 99 MONMOUTH STREET RED BANK NJ 07701 ADAM PHILIPSON CHIEF EXECUTIVE OFFICER 7322248778 2017-01-31 1 KAREN KOWGIOS P01461372 2124902200 2015 2021-01-29 14:40:06Z ADAM PHILIPSON 99 MONMOUTH STREET RED BANK NJ 07701 13432279 0 X COUNTBASIETHEATRE.ORG X 1972 NJ TO SERVE THE PEOPLE BY PROVIDING A BROAD SPECTRUM OF QUALITY ENTERTAINMENT AND EDUCATION PROGRAMS. 25 23 250 22 181779 0 1455531 1270262 9381966 10877553 25500 19760 133879 191609 10996876 12359184 0 0 0 0 2561409 2736820 0 0 517064 7466695 8305260 10028104 11042080 968772 1317104 18702094 23203075 11769818 10975253 6932276 12227822 NONE 0 0 9783887 11063762 FINANCIAL DEVELOPMENT ACTIVITIES ON BEHALF OF THE COUNT BASIE THEATRE, INC.IN THE YEAR ENDED JUNE 30, 2016, COUNT BASIE THEATRE PRESENTED 128 PERFORMANCES(3 COUNTRY, 1 DANCE, 6 ETHNIC, 13 FAMILY SHOWS, 7 JAZZ, 10 MUSICAL THEATER, 35 ROCK, 8 POP, 6 SPOKEN WORD, 18 FILMS, 13 POPULAR CULTURE, 4 CLASSIC POP, AND 3 FOLK) OUTSIDE PROMOTERS PRESENTED 23 CONCERTS AND 38 PERFORMANCES WERE OFFERED BY NONPROFIT ORGANIZATIONS. HAD 98 ARTS EDUCATION CLASSES WITH 1,046 ENROLLED ON SITE AND 7 BUS IN SHOWS FOR AREA SCHOOLS IMPACTING 8,940 STUDENTS AND CHAPERONES. OUR OUTREACH PROGRAM IN AREA SCHOOLS REACHED 1,354 STUDENTS. 9783887 1 1 0 1 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 1 67 0 250 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 23 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X ADAM PHILIPSON 7322248778 99 MONMOUTH STREET RED BANK NJ 07701 TOM WIDENER CHAIRMAN 2.00 3.00 X X 0 0 0 STEPHEN CUTLER VICE CHAIRMAN 2.00 3.00 X X 0 0 0 MICHAEL PARENT VICE CHAIRMAN 3.00 X X 0 0 0 CHARLES T WOOLSTON TREASURER 2.00 3.00 X X 0 0 0 HARRY M AGNOSTAK HUMAN RESOURSES CHAIRMAN 2.00 3.00 X X 0 0 0 STUART ALDEROTY CO-SECRETARY 2.00 3.00 X X 0 0 0 MARK HOGAN CO-SECRETARY 2.00 X 0 0 0 STEVE BIDGOOD BOARD MEMBER 2.00 X 0 0 0 ROBERT CHANDLER BOARD MEMBER 2.00 X 0 0 0 JOHN E EKDAHL BOARD MEMBER 2.00 X 0 0 0 BETH GIANNOTTO BOARD MEMBER 2.00 3.00 X 0 0 0 CAROL GODFREY BOARD MEMBER 2.00 X 0 0 0 JEREMY GRUNIN BOARD MEMBER 2.00 X 0 0 0 IAN HORKHEIMER BOARD MEMBER 2.00 X 0 0 0 JOHN KAMPFE BOARD MEMBER 2.00 X 0 0 0 JUDITH MARRUS BOARD MEMBER 1.00 1.00 X 0 0 0 PETER ROSELLE BOARD MEMBER 2.00 X 0 0 0 STEVEN M SCHULTZ BOARD MEMBER 2.00 X 0 0 0 PETER SELIGMAN BOARD MEMBER 2.00 X 0 0 0 DAVID A SPRINGSTEEN BOARD MEMBER 2.00 X 0 0 0 STEVEN VAN ZANDT BOARD MEMBER 2.00 X 0 0 0 MAUREEN VAN ZANDT BOARD MEMBER 2.00 X 0 0 0 DARRELL LAWRENCE WILLIS SR BOARD MEMBER 2.00 X 0 0 0 KAYE WISE BOARD MEMBER 2.00 X 0 0 0 EDWARD J ZIPPRICH BOARD MEMBER 2.00 X 0 0 0 ADAM PHILIPSON CHIEF EXECUTIVE OFFICER 60.00 2.00 X 214430 0 16563 SHANNON EADON DIRECTOR OF DEVELOPMENT 40.00 X 129041 0 566 343471 0 17129 2 0 1 0 AM PRODUCTIONS 16 MOUNT VERNON AVE MANALAPAN NJ 07726 CONCERT PROMOTER 606558 AEG LIVE LLC 145 WEST 45TH ST FLOOR 9 NEW YORK NY 10036 CONCERT PROMOTER 263041 ACIR LLC 1421 CANTILLON BLVD MAYS LANDING NJ 08330 LIGHTING/SOUND 245577 TRIPLE O PRODUCTIONS 12746 KLING ST STUDIO CITY CA 61604 ARTIST 207576 JL MEDIA INC 1600 ROUTE 22 EAST UNION NJ 07083 RADIO ADV. FIRM 205908 17 1270262 1270262 BOX OFFICE INCOME 711110 8642680 8642680 THEATRE RENTAL INCOME 532000 925792 925792 CONCESSION INCOME 711110 581554 581554 MANAGEMENT FEE (SCH O) 711110 440557 440557 WORKSHOP INCOME 711110 286970 286970 10877553 21974 21974 5400 0 5400 5400 5400 1070881 1073095 -2214 -2214 -2214 ADVERTISING 511190 181779 181779 OTHER INCOME 711110 4430 4430 186209 12359184 10881983 181779 25160 236564 70969 47313 118282 2074349 1710186 128198 235965 219132 166540 17530 35062 206775 157149 16542 33084 12489 9864 2625 35645 35645 30000 30000 1619 1619 153614 143782 6131 3701 554666 526192 18983 9491 92579 63422 15270 13887 241402 229332 6035 6035 22425 8970 8970 4485 32532 15648 10817 6067 389132 389132 640503 608479 16012 16012 78285 74371 1957 1957 ARTISTIC FEES 5110081 5110081 THEATRE EXPENSES 304527 304527 LIGHTING AND SOUND 252951 252951 LICENSE, FEES AND DUES 188548 177437 11111 0 164262 163851 411 11042080 9783887 741129 517064 1662160 1823990 2124246 2796153 2752662 63559 34463 1116398 0 23075 23677 106280 107093 16930676 6106903 10752431 10823773 1045803 3043036 1795000 1795000 13142 3228 18702094 23203075 420781 344076 2451316 2092391 6688280 6446568 1672783 1567980 536658 524238 11769818 10975253 X 6932276 8304925 3061329 861568 6932276 12227822 18702094 23203075 X 1317104 5545 3972897 X X 0 1 X 1 0 X 824036 1164814 1408308 1455531 1270262 6122951 824036 1164814 1408308 1455531 1270262 6122951 6122951 30914 8773 27832 45981 27374 140874 2194 12375 14569 10380 2336 1068 1874 4430 20088 6298482 39361050 0.97210 0.97050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 PART II-B, LINE 1: THE THEATRE PAID $30,000 TO A COMPANY THAT MONITORS AND ADVISES ON ALL LEGISLATIVE ACTIVITIES BOTH IN NEW JERSEY AND FEDERALLY. 861568 861568 1.00000 0 0 621685 621685 14473316 5605235 8868081 1835675 501668 1334007 10823773 US TREASURY SECURITIES 1350938 F CORPORATE BONDS 1383581 F COMMON STOCKS 308517 F 3043036 INVESTMENT IN TREBIES, INC. 1795000 C 1795000 X 12459776 5545 18923 77743 102211 12357565 1619 1619 12359184 11137127 18923 77743 96666 11040461 1619 1619 11042080 PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE THEATRE'S MISSION BY PROVIDING VALUABLE AND LIVE-ENHANCING EDUCATION PROGRAMS. THE BALANCE OF $861,568 TRANSFERRED FROM COUNT BASIE THEATRE FOUNDATION INC. SEE SCHEDULE O. PART X, LINE 2: THE THEATRE BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES RELATED TO ADVERTISING INCOME 77,743. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES RELATED TO ADVERTISING INCOME 77,743. X X X 0 0 0 0 0 0 0 0 0 ADAM PHILIPSON CHIEF EXECUTIVE OFFICER 214430 0 0 0 0 0 0 0 16563 0 230993 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 NONEAVAIL 2008-08-19 8000000 FUND RENOVATIONS OF THEATRE 0 1 0 A 8000000 160000 7840000 2008 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 TREBIES INC SCH O. SCH. O X 1795000 1567980 0 1 1 1567980 TREBIES INC SEE SCH O 1795000 SEE SCH O 1 FORM 990, PART VI, SECTION A, LINE 2 1. WILLIAM MARACCINI (THEATRE BOARD MEMBER THRU JUNE 2012), NANCY MULHEREN (FOUNDATION BOARD MEMBER) AND JUDITH MARRUS (THEATRE AND FOUNDATION BOARD MEMBER) WERE CO-OWNERS OF TREBIES, INC. (COMPANY). THE THEATRE PURCHASED 100% OF THE COMPANY. THE COMPANY'S SOLE ACTIVITY IS THE OWNERSHIP OF CERTAIN PARCELS OF LAND ADJACENT TO THE THEATRE THAT THE THEATRE CURRENTLY USES FOR PATRONS. STEPHEN CUTLER (THEATRE AND FOUNDATION BOARD MEMBER) WAS AN OFFICER OF THE COMPANY. THE COMPANY ENTERED INTO A SECURED PROMISSORY NOTE WITH THE THREE BOARD MEMBERS FOR THE FULL PURCHASE PRICE. THE MORTGAGE IS SECURED BY THE LAND AND GUARANTEED BY THE THEATRE. NANCY MULHEREN AND STEPHEN CUTLER JOINTLY OWN A REAL ESTATE MANAGEMENT COMPANY WHICH DID NOT HAVE ANY TRANSACTIONS WITH THE THEATRE OR FOUNDATION. 2. STEVEN VAN ZANDT AND MAUREEN VAN ZANDT - FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS WERE AMENDED FOR THE THEATRE AND THE FOUNDATION MERGER. FORM 990, PART VI, SECTION B, LINE 11 DRAFT OF FORM 990 IS SENT TO THE FULL BOARD MEMBERS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS ALL BOARD MEMBERS AND KEY EMPLOYEES TO SIGN AN ANNUAL CONFLICT OF INTEREST POLICY CERTIFICATION. IN ADDITION, BOARD MEMBERS AND KEY EMPLOYEES ARE REQUESTED TO COMPLETE AN ANNUAL FORM 990 DISCLOSURE, WHICH REQUESTS DISCLOSURE OF ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF ALL KEY EMPLOYEES IS DISCUSSED AND APPROVED BY THE BOARD AND/OR COMMITTEE. COMPENSATION IS GENERALLY BASED ON INDUSTRY STANDARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED FROM COUNT BASIE THEATRE FOUNDATION, INC. 3,972,897. FORM 990, PART XII, LINE 2C THE BOARD HAS APPROVED THE AUDIT COMMITTEE FOR OVERSIGHT OF THE AUDIT. FORM 990, PART IV, LINE 26; SCHEDULE L, PART II & SCHEDULE R, PART II IN 2006, THE THEATRE'S BOARD APPROVED AND CREATED: COUNT BASIE THEATRE FOUNDATION, INC. (FOUNDATION) A SEPARATELY INCORPORATED 501 (C)(3) ORGANIZATION. EMPLOYER IDENTIFICATION NUMBER:59-3828864. THE FOUNDATION'S MISSION IS TO PROVIDE OPERATING SUPPORT TO THE THEATRE, RAISE THE CAPITAL NEEDED TO RESTORE THE FACILITY AND TO CREATE AN ENDOWMENT FOR THE THEATRE. SEVEN BOARD MEMBERS OF THE THEATRE ALSO SERVE ON THE FOUNDATION'S BOARD. EFFECTIVE JUNE 30, 2016, THE BOARD OF DIRECTORS OF BOTH THE THEATRE AND THE FOUNDATION APPROVED A PLAN OF MERGER WHEREBY THE FOUNDATION MERGED INTO THE THEATRE TO BETTER REFLECT ENTIRETY OF THE PROGRAM AND FUNDRAISING ACTIVITIES. COUNT BASIE THEATRE FOUNDATION INC 99 MONMOUTH STREET RED BANK NJ 07701 593828864 SEE SCHEDULE O NJ 501 (C)(3) 170(B)(1)(A)(VI) N/A 0 TREBIES INC 95 AVENUE OF TWO RIVERS RUMSON NJ 07760 210737681 OWNERSHIP OF PARCELS OF LAND ADJACENT TO THE THEATRE NJ THEATRE S 1737076 1.00000 1 0 0 1 0 1 0 0 1 0 1 1 1 1 1 1 1 1 0 0 COUNT BASIE THEATRE FOUNDATION INC C 1270262 ACTUAL TREBIES INC H 1795000 ACTUAL COUNT BASIE THEATRE FOUNDATION INC Q 641361 ACTUAL