2017-11-14T06:37:53-06:00 2016-12-31 420714325 RSM US LLP 1001 LAKESIDE AVE SUITE 200 CLEVELAND OH 441141152 990 2016-01-01 132894677 CAPITAL REPERTORY THEATRE CAPI 5183823884 432 STATE STREET SCHENECTADY NY 12305 PHILIP MORRIS CEO 5183823884 2017-11-14 1 ZACHARY FORTSCH P00052725 2165231900 108.171.131.187 2017-11-14 07:37:17 ES P 55F89211B7A6E82F84DB6D1F71EECB15FCD8DF1E 55F89211B7A6E82F84DB6D1F71EECB15FCD8DF1E 2016 2021-01-29 14:40:06Z PHILIP MORRIS 432 STATE STREET SCHENECTADY NY 12305 2360208 0 X WWW.CAPITALREP.ORG X 1976 NY TO CREATE MEANINGFUL THEATRE GENERATED BY AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES. 17 17 141 17 0 0 834201 738626 1097574 1367920 0 0 239115 203794 2170890 2310340 0 0 0 0 743417 768187 0 0 155338 1410473 1534591 2153890 2302778 17000 7562 290025 278124 1491834 1472371 -1201809 -1194247 TO CREATE MEANINGFUL THEATRE GENERATED BY AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES. 0 0 1716763 1399532 CAPITAL REPERTORY THEATRE ("CRT") IS THE ONLY REMAINING YEAR-ROUND PROFESSIONAL, RESIDENT-PRODUCING THEATRE IN THE CAPITAL REGION (LORT-D). THIS PAST YEAR IT HOSTED 64 TOTAL EVENTS ACROSS 304 PERFORMANCES, WITH 41,808 TICKETED PATRONS. ITS MISSION: TO CREATE MEANINGFUL THEATRE WITH AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES. IT PRODUCES A FULL SEASON OF PROFESSIONAL THEATRE PRODUCTIONS IN ITS DOWNTOWN ALBANY FACILITY, INCLUDING CONTEMPORARY AND CLASSIC PLAYS AND MUSICALS. ITS ANNUAL NEXT ACT! NEW PLAY SUMMIT GARNERS MORE THAN 400 UNPRODUCED ENTRIES FROM ACROSS THE UNITED STATES, WITH ONE ENTRY SELECTED EACH SEASON TO BE FULLY PRODUCED. 106284 72424 CRT'S EDUCATION PROGRAMS TOUR PROFESSIONAL THEATRE CONTENT TO LOCAL SCHOOLS ACROSS THE REGION, WITH MORE THAN 16,000 STUDENTS PARTICIPATING IN IN-SCHOOL, AFTER SCHOOL AND SUMMER PROGRAMS. 1823047 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 52 0 1 141 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTOPHER MUSTO 5183823884 432 STATE STREET SCHENECTADY NY 12305 HAROLD ISELIN PRESIDENT 1.00 1.00 X X 0 0 0 ANTHONY J BIFARO VICE PRESIDENT 1.00 2.00 X X 0 0 0 MARTHA D BROWN SECRETARY 1.00 X X 0 0 0 RICHARD A CARLSTROM TREASURER 1.00 1.00 X X 0 0 0 CAROLYN ANDERSON TRUSTEE 1.00 X 0 0 0 DONNA J PURNOMO TRUSTEE 1.00 X 0 0 0 HOWARD READ TRUSTEE 1.00 X 0 0 0 JIM MILLER TRUSTEE 1.00 X 0 0 0 JOSEPH NICOLLA TRUSTEE 1.00 X 0 0 0 M SHERRY GOLD TRUSTEE 1.00 X 0 0 0 MARCUS Q PRYOR TRUSTEE 1.00 X 0 0 0 MARTHA TUCK ROZETT TRUSTEE 1.00 X 0 0 0 MICHAEL WHALEN TRUSTEE 1.00 X 0 0 0 NANCY E HOFFMAN TRUSTEE 1.00 X 0 0 0 PAUL CZECH TRUSTEE 1.00 X 0 0 0 RANDOLPH COLLINS TRUSTEE 1.00 X 0 0 0 STEPHEN MADARASZ TRUSTEE 1.00 X 0 0 0 CHRISTOPHER MUSTO CHIEF FINANCIAL OFFICER 1.00 42.00 X 0 88326 2945 PHILIP MORRIS CHIEF EXECUTIVE OFFICER 1.00 42.00 X 0 273599 10294 0 361925 13239 0 0 1 0 0 12060 34700 691866 18824 738626 THEATRE TICKET REVENUE 711110 1367920 1367920 1367920 2535 0 2535 2535 2535 108293 12060 24335 83958 83958 18300 2500 15800 15800 54935 23033 31902 31902 69599 69599 69599 2310340 1471956 0 99758 X 555976 290339 182375 83262 170822 89206 56034 25582 41389 21614 13577 6198 1500 1500 3202 3202 1095507 1090951 2665 1891 138632 122151 673 15808 134280 97337 27572 9371 43538 33721 9529 288 7892 4743 2481 668 6480 5191 879 410 3320 3036 249 35 22019 17785 4058 176 REPAIRS/MAINTENANCE 55409 41996 13413 FUNDRAISING EXPENSE 11775 658 2640 8477 HOSPITALITY 10737 4019 3546 3172 FILING FEES 300 300 2302778 1823047 324393 155338 18223 10792 14580 11330 91161 93262 391175 234735 159760 156440 6301 6300 290025 278124 970409 1100879 408925 371492 112500 0 1491834 1472371 X -1231909 -1224347 30100 30100 -1201809 -1194247 290025 278124 7562 0 X 0 1 X 1 0 X 722380 359105 826224 834201 738626 3480536 1110270 503755 1339337 1290932 1549448 5793742 1832650 862860 2165561 2125133 2288074 9274278 0 0 0 9274278 4578 5304 2535 12417 4578 5304 2535 12417 72707 97719 16546 87495 69599 344066 1905357 960579 2186685 2217932 2360208 9630761 0.96300 0.96710 0.00130 0.00110 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FORGIVENESS OF DEBT - 2012 AMOUNT: $ 72,707. 2013 AMOUNT: $ 97,719. OTHER REVENUE - 2014 AMOUNT: $ 16,546. 2015 AMOUNT: $ 87,495. 2016 AMOUNT: $ 69,599. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126596 126596 264579 234735 29844 156440 X PART X, LINE 2: THE FASB PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING CAPITAL REPERTORY THEATRE'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2016, MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, CAPITAL REPERTORY THEATRE IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES FOR YEARS BEFORE 2013. TULIP BALL 89965 12060 77905 18287 4300 1748 WINE & DINE 30388 30388 120353 12060 108293 18287 4300 1748 24335 83958 18300 2500 1 1.00000 18300 2500 2500 15800 NY 1 0 1 0 1.00000 CHRISTOPHER MUSTO 432 STATE STREET SCHENECTADY NY 12305 0 CHRISTOPHER MUSTO 913 RECORDKEEPING AND DEPOSITS X 0 0 0 0 0 0 0 0 0 0 PHILIP MORRIS CHIEF EXECUTIVE OFFICER 0 269999 0 0 0 3600 0 0 0 10294 0 283893 0 0 SCHEDULE J, PART 1, LINE 3 COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS SET BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"). THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. IS THE SOLE MEMBER OF CAPITAL REPERTORY THEATRE. FORM 990, PART VI, SECTION A, LINE 7A THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. ("ACTS") IS THE SOLE MEMBER OF CAPITAL REPERTORY THEATRE ("CRT"). MEMBERS OF THE CRT BOARD ARE NOMINATED BY ACTS' GOVERNANCE COMMITTEE AND ELECTED BY THE ACTS' BOARD, RECOGNIZING CANDIDATE RECOMMENDATIONS FROM CRT'S BOARD. VACANCIES ON THE CRT BOARD MAY BE FILLED BY APPOINTMENT BY THE ACTS' BOARD FOR TERMS LASTING UNTIL THE NEXT ANNUAL MEETING. OFFICERS OF THE CRT BOARD ARE ELECTED BY THE CRT BOARD AND ARE SUBJECT TO APPROVAL BY THE ACTS' BOARD. INDIVIDUAL OFFICER'S TERMS MAY BE EXTENDED FOR A PERIOD OF ONE YEAR IF APPROVED BY TWO-THIRDS MAJORITY VOTE OF CRT'S BOARD AND APPROVED BY ACTS' BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. ("ACTS") IS THE SOLE MEMBER OF CAPITAL REPERTORY THEATRE ("CRT"). MEMBERS OF THE CRT BOARD ARE NOMINATED BY ACTS' GOVERNANCE COMMITTEE AND ELECTED BY THE ACTS' BOARD, RECOGNIZING CANDIDATE RECOMMENDATIONS FROM CRT'S BOARD. VACANCIES ON THE CRT BOARD MAY BE FILLED BY APPOINTMENT BY THE ACTS' BOARD FOR TERMS LASTING UNTIL THE NEXT ANNUAL MEETING. OFFICERS OF THE CRT BOARD ARE ELECTED BY THE CRT BOARD AND ARE SUBJECT TO APPROVAL BY THE ACTS' BOARD. INDIVIDUAL OFFICER'S TERMS MAY BE EXTENDED FOR A PERIOD OF ONE YEAR IF APPROVED BY TWO-THIRDS MAJORITY VOTE OF CRT'S BOARD AND APPROVED BY ACTS' BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE REVIEW THE FORM 990. AFTER THEY HAVE COMPLETED THEIR REVIEW, A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, THE CEO REQUESTS EACH DIRECTOR TO FURNISH A WRITTEN LIST OF ALL AFFILIATIONS OR OTHER INTERESTS WHICH THE DIRECTOR BELIEVES COULD POTENTIALLY CONSTITUTE A CONFLICT OF INTEREST WITH CAPITAL REPERTORY THEATRE. THE CEO THEN REVIEWS THE LIST WITH A COMMITTEE OF THE BOARD AND OBTAINS ADVICE OF COUNSEL, IF NEEDED. THE CEO UPDATES THE BOARD WITH ANY ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE FILING ORGANIZATION DOES NOT COMPENSATE ITS CHIEF EXECUTIVE OFFICER; INSTEAD, HE IS COMPENSATED BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"), A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 CAPITAL REPERTORY THEATRE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, FOR THE SAME PERIOD OF TIME AS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART IX, LINE 11G SHOW TALENT FEES AND SUPPLIES: PROGRAM SERVICE EXPENSES 1,090,558. MANAGEMENT AND GENERAL EXPENSES 64. FUNDRAISING EXPENSES 1,891. TOTAL EXPENSES 1,092,513. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 361. MANAGEMENT AND GENERAL EXPENSES 2,386. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,747. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 32. MANAGEMENT AND GENERAL EXPENSES 215. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 247. ARTS CENTER & THEATRE OF SCHENECTADY INC 432 STATE STREET SCHENECTADY NY 12305 141602083 COMMUNITY THEATRE NY 501(C)(3) LINE 10 N/A 0 440 STATE STREET 432 STATE STREET SCHENECTADY NY 12305 141797729 COMMUNITY ART NY 501(C)(3) LINE 10 ARTS CENTER & THEATRE OF SCHENECTADY INC 0 SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL 25 WASHINGTON STREET SARATOGA SPRINGS NY 12866 320033321 COMMUNITY THEATRE NY 501(C)(3) LINE 7 ARTS CENTER & THEATRE OF SCHENECTADY INC 0 CAPITAL REGION CREATIVE MEDIA LLC 432 STATE STREET SCHENECTADY NY 12305 813659526 NEWS PUBLICATION NY N/A PT REDEVELOPMENT MANAGER LLC 432 STATE STREET SCHENECTADY NY 12305 203849194 MANAGE COMPLIANCE OPER OF PTR NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1