2016-11-22T10:40:48-06:00 2016-07-31 BRUCE E BERNSTIEN & ASSOCIATES 10440 N CENTRAL EXPRESSWAY STE 1040 DALLAS TX 75231 990 2015-08-01 751961619 UNDERMAIN THEATRE % KATHERINE OWENS UND9 2147471424 PO Box 140193 DALLAS TX 75214 KATHERINE OWENS ARTISTIC DIRECTOR 2147471424 2016-11-21 true BRUCE E BERNSTIEN P01424343 2147060840 2015 2017-02-10 21:41:12Z X KATHERINE OWENS PO Box 140193 DALLAS TX 75214 975391 false X WWW.UNDERMAIN.ORG X 1984 TX Undermain Theatre is a company of artists that performs new and experimental plays with a particular focus on poetic and language-driven works. 17 15 17 5 0 518539 705996 91191 97516 736 -8299 0 2006 610466 797219 0 0 0 0 222048 284935 0 0 53981 435220 535491 657268 820426 -46802 -23207 780144 834599 41490 32962 738654 801637 UNDERMAIN THEATRE IS A COMPANY OF ARTISTS THAT PERFORMS NEW AND EXPERIMENTAL PLAYS WITH A PARTICULAR FOCUS ON POETIC AND LANGUAGE-DRIVEN WORKS. false false 660725 97516 The theatre produced 5 artistic projects during the year. 660725 true true false false false false false false false false true true false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 39 0 true 17 true false false false false false true true false false false false X 17 15 true false false false false false false true true false false true true true true true true true true false X KATHERINE OWENS 2147471424 PO BOX 140193 DALLAS TX 75214 Pat Rosenthal director 1.0 0.0 X 0 0 0 Lin Medlin President 5.0 0.0 X X 0 0 0 Johnette Alter Secretary 1.0 0.0 X X 0 0 0 Deborah Nugent Treasurer 5.0 0.0 X X 0 0 0 Barbara Ashworth DIRECTOR 1.0 0.0 X 0 0 0 Robert Brown vice president 5.0 0.0 X X 0 0 0 Joleen Chambers DIRECTOR 1.0 0.0 X 0 0 0 Don Elwood DIRECTOR 1.0 0.0 X 0 0 0 Graham Greene DIRECTOR 1.0 0.0 X 0 0 0 Ashley Kisner DIRECTOR 1.0 0.0 X 0 0 0 Tim Langford DIRECTOR 1.0 0.0 X 0 0 0 Katherine Owens Artistic Director 20.0 0.0 X X 32041 0 0 Linda Patston DIRECTOR 1.0 0.0 X 0 0 0 Bill Swart DIRECTOR 1.0 0.0 X 0 0 0 Larry Taylor DIRECTOR 1.0 0.0 X 0 0 0 Angus Wynne III DIRECTOR 1.0 0.0 X 0 0 0 BRUCE DUBOSE EXECUTIVE PRODUCER 20.0 0.0 X 21611 0 0 53652 0 0 0 false false false 0 67954 638042 705996 TICKET AND CONCESSION SALES 711110 97516 97516 97516 2728 2728 0 0 0 0 0 167145 178172 -11027 -11027 -11027 0 0 0 BENIFICIAL INTEREST-CHANGE IN VALUE 2006 2006 2006 797219 97516 -6293 0 0 0 0 52000 52000 0 186621 117886 41178 27557 0 27132 27132 19182 13893 3219 2070 0 0 13047 13047 0 0 0 241837 210262 13255 18320 46079 45699 380 20692 6748 10529 3415 4017 1179 2550 288 0 43593 38963 4630 14522 14489 16 17 0 6953 4913 2040 0 0 20176 17706 2470 9347 2199 7148 PLAY PRODUCTION EXPENSES 43600 43600 0 0 SECUR.PARKING&FRONT OF HOUSE 39759 39134 625 0 CONCESSIONS 12931 12931 0 0 CREDIT CARD & BANK FEE 11986 11986 0 0 6952 4918 1760 274 820426 660725 105720 53981 410344 198089 25258 7981 70166 40709 0 0 0 0 0 0 0 0 0 0 25354 42594 292590 237329 70851 55261 178171 228613 0 200745 0 0 0 0 0 60607 780144 834599 41490 32962 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 41490 32962 X 669567 761078 69087 40559 0 0 738654 801637 780144 834599 -23207 27589 58601 X X false true X true false X 331384 586702 616745 518539 705996 2759366 60049 88627 64287 91191 97516 401670 0 0 0 391433 675329 681032 609730 803512 3161036 33039 91600 83556 72622 114329 395146 0 33039 91600 83556 72622 114329 395146 2765890 16680 3841 761 736 2728 24746 0 16680 3841 761 736 2728 24746 0 2006 2006 408113 679170 681793 610466 808246 3187788 0.86765 0.87370 0.00776 0.00796 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59852 48334 11518 86430 76308 10122 146308 112687 33621 55261 CD WITH MATURITIES > 1 YR 200745 200745 BENEFICIAL INT HELD BY FDN 60607 60607 0 0 X 903372 27589 78564 106153 797219 797219 898990 78564 78564 820426 820426 FIN 48 (ASC-740) FORM 990, SCHEDULE D, PART X, LINE 2: The Theatre is exempt from federal income taxes under Section 501(c) (3) of the Internal Revenue Code. Accordingly, no provision for income taxes is reflected in the accompanying financial statements. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Theatres tax returns to determine whether the tax positions are more likely than not of being sustained 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 in the current year. A reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. The Theatre is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding accounting for uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations, and interpretations thereof. The Theatre recognizes interest and penalties, if any, related to uncertain tax positions as other expenses. For the year ended July 31, 2015, interest and penalties were approximately $2,100. The Theatres informational returns filed are generally subject to examination for three years after the later of the due date or date of filing. As a result, the Theatre is no longer subject to income tax examinations by tax authorities for years prior to 2012. return review process FORM 990, PART VI, SECTION B, LINE 11: The Form 990 is first reviewed and approved by the Finance Committee of the Board of Trustees. Then a copy of the Form 990 is provided to all of the Trustees in their Board meeting package. THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY FORM 990, PART VI, SECTION B, LINE 12C: AS EACH NEW BOARD MEMBER IS RECRUITED, THEY ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY. DURING ORIENTATION FOR NEW BOARD MEMBERS, AN EXPLANATION OF THE CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM IS PRESENTED. EVERY YEAR, THE THEATRE REQUIRES EVERY BOARD MEMBER AND KEY EMPLOYEE TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD PRESIDENT FOLLOWS UP WITH EACH BOARD MEMBER TO ENSURE THAT THIS IS DONE. EACH BOARD MEMBER AND KEY EMPLOYEE FORM IS MAINTAINED ON FILE IN THE THEATRE'S ADMINISTRATIVE OFFICE. DURING BOARD AND COMMITTEE MEETINGS, BOARD MEMBERS AND KEY EMPLOYEES ARE ASKED TO RECUSE THEMSELVES FROM ANY VOTE THAT MAY PRESENT A CONFLICT OF INTEREST AND SUCH RECUSAL IS RECORDED IN THE MINUTES. process for determining compensation form 990, part vi, line 15A&15B: The Finance Committee of the Board of Trustees reviews and approves the operating budget (including compensation for all officers and key employees) prior to the start of each fiscal year. This review includes comparison of proposed salaries to benchmarks provided in third-party published reports. The final budget is then approved by the Board of Trustees. public disclosure form 990, part vi, line 19: The Theatre's governing documents, conflict of interest policy and financial statements are available to the public upon request. boardmember relationship form 990, part vi, section a, 2: Katherine Owens, Artistic Director and Board Member, is married to Bruce Dubose, Executive Producer and Board Member. THE ORGANIZATION HAS A COMMITTEE FOR OVERSIGHT OF THE AUDIT FORM 990, PART XII, LINE C: The organization has a finance committee for oversight of the audit. The finance committee engages the independent auditor, meets with them to review and approve the final version of the statements and to discuss any required disclosures and communications. FORM 990 PART IX LINE 11G DESCRIPTION:ARTIST FEES TOTAL FEES:180037 FORM 990 PART IX LINE 11G DESCRIPTION:TECHNICAL FEES TOTAL FEES:30225 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING FEES-STRATEGIC PLAN TOTAL FEES:13255 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING FEES-GRANT WRITER TOTAL FEES:18320