2017-01-25T09:18:26-06:00 2016-05-31 030225774 GALLAGHER FLYNN & COMPANY LLP 45 LYME RD SUITE 205 HANOVER NH 03755 990 2015-06-01 043387268 NORTHERN STAGE COMPANY NORT 8022919009 76 GATES STREET WHITE RIVER JCT VT 05001 HARRY TETHER TREASURER 8022919009 2017-01-18 1 PHILIP A LAPP CPA P00356904 6036430043 2015 2021-01-29 14:40:06Z ERIC BUNGE 76 GATES STREET WHITE RIVER JCT VT 05001 3249725 0 X WWW.NORTHERNSTAGE.ORG X 1997 VT THE COMPANY IS ORGANIZED TO ENGAGE IN PRODUCING AND PRESENTING PERFORMING ARTS, INCLUDING BUT NOT LIMITED TO LIVE THEATRICAL, FILM, MOTION PICTURES, MUSICAL, DANCE, ARTISTIC THREE DIMENSIONAL WORKS AND OTHER RELATED CULTURAL PURSUITS. 12 12 85 250 0 0 3743043 2100236 733849 1036559 1849 417 43499 112513 4522240 3249725 0 0 0 0 852169 1113376 0 0 165698 1134488 1287754 1986657 2401130 2535583 848595 10047342 10260124 2159846 1524033 7887496 8736091 THE COMPANY IS ORGANIZED TO ENGAGE IN PRODUCING AND PRESENTING PERFORMING ARTS, INCLUDING BUT NOT LIMITED TO LIVE THEATRICAL, FILM, MOTION PICTURES, MUSICAL, DANCE, ARTISTIC THREE DIMENSIONAL WORKS AND OTHER RELATED CULTURAL PURSUITS. 0 0 1768374 991140 THEATER: CREATION OF HIGH-QUALITY PROFESSIONAL THEATER PRODUCTIONS USING TOP ACTORS, MANY WITH BROADWAY EXPERIENCE; COMMUNITY INVOLVEMENT IN THEATER ENRICHMENT PROGRAMS. 45283 45419 EDUCATION: THEATER EDUCATION PROGRAM, TAUGHT BY WORKING THEATER PROFESSIONALS. INCLUDES CLASSES FOR ALL ABILITY LEVELS; IN-SCHOOL RESIDENCIES; AND MATINEE PERFORMANCES FOR SCHOOL GROUPS. 98876 98876 1813657 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 1 85 1 0 0 0 0 0 1 1 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 NH X ERIC BUNGE 8022919009 76 GATES STREET WHITE RIVER JUNCTION VT 05001 JANET MILLER HAINES BOARD CHAIR 5.00 X X 0 0 0 AL BLUM VICE CHAIR 2.00 X X 0 0 0 TERRY SAMWICK SECRETARY 2.00 X X 0 0 0 HARRY DORMAN TREASURER 2.00 X X 0 0 0 AMY REDPATH MEMBER 1.00 X 0 0 0 BEA EDGAR MEMBER 1.00 X 0 0 0 HARRY TETHER MEMBER 1.00 X 0 0 0 SVEN KARLEN MEMBER 1.00 X 0 0 0 JIM ADLER MEMBER 1.00 X 0 0 0 CYNTHIA BARRETTE MEMBER 1.00 X 0 0 0 MATT SWETT MEMBER 1.00 X 0 0 0 JAMIE HORTON MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 BREAD LOAF CORPORATION 1293 ROUTE 7 SOUTH MIDDLEBURY VT 05753 CONSTRUCTION 3041172 1 2100236 2100236 THEATRICAL PRODUCTIONS 711110 991140 991140 EDUCATIONAL EXPERIENCE 711110 45419 45419 1036559 417 417 13637 0 13637 13637 13637 MISCELLANEOUS INCOME 711110 98876 98876 98876 3249725 1135435 0 14054 925938 635983 205057 84898 115427 111110 3148 1169 72011 49480 15934 6597 810 810 29835 29835 130018 115326 4453 10239 74479 73103 1376 95817 95817 161612 142207 18863 542 135195 113704 3199 18292 34499 34499 217162 152013 65149 44419 32680 11377 362 PRODUCTION ELEMENTS 140571 140571 EQUIPMENT AND SUPPLIES 78663 46001 11977 20685 BANK CHARGES 58195 49349 2702 6144 MISCELLANEOUS 25394 4730 8918 11746 61085 51583 5854 3648 2401130 1813657 421775 165698 600 513 1393119 537135 2375035 1396453 2504 16762 57723 66035 9013125 769899 1389135 8243226 4829226 0 10047342 10260124 1223222 85304 286124 285623 650500 1135000 18106 2159846 1524033 X 5314727 7229256 2569774 1503840 2995 2995 7887496 8736091 10047342 10260124 848595 0 X X 0 1 X 1 0 X 966982 642751 5741937 3743043 2100056 13194769 966982 642751 5741937 3743043 2100056 13194769 5891583 7303186 110 90 26 1849 417 2492 13197261 5336348 0.55340 0.43700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2995 2995 2995 2995 2995 2995 2995 2995 2995 2995 1.00000 0 0 250000 250000 8763125 769899 7993226 8243226 X 3300688 50963 50963 3249725 0 3249725 2452093 50963 50963 2401130 0 2401130 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE RESTRICTED FOR AN ENDOWMENT FUND IN PERPETUITY, THE EARNINGS OF WHICH ARE UNRESTRICTED. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, THE ORGANIZATION HAS NOT PROVIDED FOR INCOME TAXES IN THESE FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE ORGANIZATION HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE ORGANIZATION HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, THEREFORE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. TAX RETURNS FOR YEARS SUBSEQUENT TO MAY 31, 2012 ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. MICHAEL GERLING FORMER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 25000 0 0 1 1 HARRY TETHER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 10000 0 0 1 1 LINDA ROESCH FORMER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 500000 500000 0 1 1 JANET MILLER-HAINES BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 35000 0 0 1 1 RICHARD HAINES SPOUSE OF BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 10000 10000 0 1 1 JUDSON PIERSON FORMER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 5000 0 0 1 1 HEIDI REYNOLDS FORMER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 500 0 0 1 1 JIM ADLER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 5000 5000 0 1 1 STUART JOHNSON FORMER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 10000 0 0 1 1 CYNTHIA BARRETTE BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 600000 570000 0 1 1 CHARLES PLIMPTON FORMER BOARD MEMBER 3% NOTE TO FUND ORGANIZATION X 50000 50000 0 1 1 1135000 FORM 990, PART VI, SECTION B, LINE 11 THE BOOKKEEPER, MANAGING DIRECTOR, BOARD PRESIDENT, AND BOARD TREASURER, AS WELL AS ANY OTHER BOARD MEMBER THAT IS WILLING TO, REVIEWS THE DRAFT OF THE TAX RETURN FOR ACCURACY BEFORE FILING THE RETURN. A COPY OF THE TAX RETURN IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE ASKED TO SIGN A FORM ON CONFLICT OF INTEREST. THIS ISSUE IS DISCUSSED AT LEAST ANNUALLY. IT IS THE POLICY OF THE ORGANIZATION TO HANDLE ANY CONFLICTS OF INTEREST THAT MAY ARISE IN THE FUTURE, ON AN INDIVIDUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD PRESIDENT RESEARCHES COMPARABLE SALARIES AND THE WHOLE BOARD AGREES TO INITIAL COMPENSATION OFFERINGS AND SALARY INCREASES FOR THE POSITION OF ARTISTIC DIRECTOR AND MANAGING DIRECTOR. COMPENSATION FOR ALL OTHER POSITIONS IS REVIEWED BY GENERAL MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE'S OVERSIGHT PROCESS AND ROLE IN SELECTING INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR.