2017-11-02T15:58:11-05:00 2017-06-30 930620214 PRICE FRONK & CO 2796 NW CLEARWATER DR BEND OR 97703 990 2016-07-01 911829147 TOWER THEATRE FOUNDATION INC TOWE 5413170700 PO BOX 1378 BEND OR 97709 RAY SOLLEY EXECUTIVE DIREC 5413170700 2017-10-21 1 CANDACE S FRONK P00051000 5413824791 X 65.158.187.178 2017-10-21 16:14:16 PD P 45D0D0979B44CB5A676F44CD1ABDBB6121670F53 45D0D0979B44CB5A676F44CD1ABDBB6121670F53 2016 2021-01-29 14:40:06Z RAY SOLLEY PO BOX 1378 BEND OR 97709 1657327 0 1 X WWW.TOWERTHEATRE.ORG X 1997 OR TO BE CENTRAL OREGON'S LEADING PERFORMING ARTS ORGANIZATION, PROVIDING CULTURAL & EDUCATION PROGRAMS THAT MAKE ESSENTIAL CONTRIBUTIONS TO THE REGION'S LIFESTYLE & STRENGTH OF COMMUNITY BY PROVIDING AN EXTRAORDINARY SPACE FOR PERFORMANCES, EDUCATION, CIVIC GATHERINGS & SOCIAL EVENTS. 12 12 27 150 0 0 288029 286497 1248219 1370554 1616 276 0 0 1537864 1657327 0 0 0 0 670262 673377 0 0 130050 857101 1049443 1527363 1722820 10501 -65493 3003597 2799305 500325 361524 2503272 2437781 X TO BE CENTRAL OREGON'S LEADING PERFORMING ARTS ORGANIZATION, PROVIDING CULTURAL & EDUCATION PROGRAMS THAT MAKE ESSENTIAL CONTRIBUTIONS TO THE REGION'S LIFESTYLE & STRENGTH OF COMMUNITY, BY PROVIDING AN EXTRAORDINARY SPACE FOR PERFORMANCES, EDUCATION, CIVIC GATHERINGS & SOCIAL EVENTS. 0 0 1431021 1370554 THE THEATRE WAS UTILIZED FOR A WIDE VARIETY OF CULTURAL EVENTS ON 215 DAYS DURING THE YEAR. 62% OF THE THEATRE'S LICENSEES WERE NONPROFIT ORGANIZATIONS. 1431021 1 1 0 0 0 0 0 0 0 0 1 0 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 1 29 0 0 27 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 1 1 0 0 OR X JULIE FLOYD 5413170700 835 NW WALL ST BEND OR 97701 X ALISON HAMM CHAIRMAN 1.00 X X 0 0 0 MARK BEACH DIRECTOR 1.00 X 0 0 0 LORA NORDQUIST DIRECTOR 1.00 X 0 0 0 CATHY TAI DIRECTOR 1.00 X 0 0 0 ANN RHOADS TREASURER 1.00 X X 0 0 0 DOUGLAS WATSON SECRETARY 1.00 X X 0 0 0 ALEX SMITH DIRECTOR 1.00 X 0 0 0 MICHELLE ANDRE DIRECTOR 1.00 X 0 0 0 ED IRISH DIRECTOR 1.00 X 0 0 0 SHAN KINGSTON DIRECTOR 1.00 X 0 0 0 STEVE MACKELVIE DIRECTOR 1.00 X 0 0 0 ELLEN WOLFF DIRECTOR 1.00 X 0 0 0 RAY SOLLEY EXECUTIVE DIRECTOR 40.00 X 116267 0 0 116267 0 0 1 0 0 0 0 156253 130244 1 286497 EVENTS AND RELATED INC 711110 629489 629489 IN HOUSE PRESENTING 711110 480058 480058 TICKET OFFICE 711110 261007 261007 1370554 276 276 1657327 1370554 0 276 116267 87200 29067 502500 344110 74804 83586 54610 38679 8675 7256 11300 8714 2586 3148 2420 728 51478 46679 894 3905 4310 2301 1894 115 33331 25721 7610 31313 27005 2154 2154 118746 118746 19764 17447 2154 163 IN-HOUSE PRESENTING EXP 482939 473640 8007 1292 OTHER EXPENSES 88906 47898 17562 23446 REPAIRS AND MAINTENACE 87389 85428 1961 CONCESSION EXPENSES 66048 61021 5027 50771 44012 3653 3106 1722820 1431021 161749 130050 2547 5591 403647 316246 22589 22727 35396 27055 3830528 1402842 2539418 2427686 3003597 2799305 76505 65964 210545 89310 213275 206250 500325 361524 X 2457617 2436814 45655 967 2503272 2437781 3003597 2799305 -65493 0 X X 0 1 X 1 0 X 164393 240552 276354 288029 286497 1255825 164393 240552 276354 288029 286497 1255825 20222 1235603 278 223 207 149 276 1133 1256958 5550725 0.98300 0.98130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 202844 202844 3274675 1147260 2127415 337391 252728 84663 15618 2854 12764 2427686 X 1688362 31035 31035 1657327 0 1657327 1753855 31035 31035 1722820 0 1722820 PART X, LINE 2: THE THEATRE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, WITH THE EXCEPTION OF FEDERAL TAXES FOR NET PROFITS ON UNRELATED BUSINESS INCOME, UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). REGARDING UNCERTAIN TAX POSITIONS, THE THEATRE WILL RECOGNIZE IN ITS FINANCIAL STATEMENTS THE BENEFIT OF A TAX POSITION WHEN IT BELIEVES THAT TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT BASED ON THE TECHNICAL MERITS OF THE POSITION. FOR AN EXEMPT ORGANIZATION, UNCERTAIN TAX POSITIONS COULD RESULT FROM UNRELATED BUSINESS INCOME ACTIVITIES OR ACTIONS THAT JEOPARDIZE ITS STATUS AS TAX-EXEMPT, SUCH AS POLITICAL ACTIVITY, SUBSTANTIAL LOBBYING EXPENDITURES OR EXCESSIVE UNRELATED BUSINESS ACTIVITIES. THE THEATRE HAS CONCLUDED THAT IT HAD NO UNRECOGNIZED INCOME TAX BENEFITS AT JUNE 30, 2017, OR JUNE 30, 2016, AND IT HAS NO TAX POSITIONS FOR WHICH IT ESTIMATES A SIGNIFICANT CHANGE OVER THE NEXT 12 MONTHS. THE THEATRE IS SUBJECT TO EXAMINATION BY STATE AND FEDERAL TAX AUTHORITIES. WITH FEW EXCEPTIONS, THE THEATRE IS NO LONGER SUBJECT TO EXAMINATION BY MAJOR TAXING AUTHORITIES FOR YEARS BEFORE 2013. PART XII, LINE 2D - OTHER ADJUSTMENTS: DONATED IN-KIND ADVERTISING AND MISC EXPENSES 31,035. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS BY THE BOARD; AUTHORITY TO APPOINT A DISINTERESTED PERSON TO INVESTIGATE, REQUIREMENT FOR PERIODIC REVIEWS FORM 990, PART VI, SECTION B, LINE 15A SALARY COMPARABILITY DATA IS PROVIDED BY A LOCAL EMPLOYMENT PLACING AGENCY, WHICH IS THEN AVERAGED WITH REGIONAL AND STATE DATA OBTAINED THROUGH AN INTERNET RESOURCE. IN ADDITION, THE FOUNDATION INDEPENDENTLY SURVEYS OTHER NON-PROFIT PERFORMING ARTS THEATRES THROUGHOUT THE STATE OF OREGON AND INVESTIGATES SALARIES PAID TO THEATRE MANAGERS AND EXECUTIVE DIRECTORS AT PERFORMING ARTS THEATRES NATIONWIDE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE THEATRE'S ADMINISTRATIVE OFFICES LOCATED AT 833 NW WALL ST., SUITE 200, BEND, OR 97701 FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO EITHER THE OVERSIGHT OR SELECTION PROCESS IN THE CURRENT YEAR.