2016-03-14T16:11:13-05:00 2015-07-31 020449197 OSTER & WHEELER PC 86 WEST ST PO BOX 623 KEENE NH 03431 990 2014-08-01 020466087 THE COLONIAL THEATRE COLO 6033571233 95 MAIN STREET PO BOX 77 KEENE NH 03431 JOSEPH PARISI TREASURER 6033571233 2016-03-14 1 CHRISTOPHER R WHEELER CPA P01436628 6033524500 2016-03-14 2014 2016-08-17 19:52:53Z JOSEPH PARISI 95 MAIN STREET PO BOX 77 KEENE NH 03431 1447594 0 X N/A X 1993 NH THE COLONIAL THEATRE IS AN HISTORIC PERFORMING ARTS CENTER, WHICH BRINGS THE CULTURAL AND CREATIVE SPIRIT OF OUR COMMUNITY TO LIFE.THE COLONIAL THEATRE WILL BE THE MODEL REGIONAL PERFORMING ARTS CENTER; EXCITING, EDUCATING AND CHALLENGING AUDIENCES OF ALL AGES. 12 12 35 130 0 0 539596 487424 864536 807374 125670 8264 65841 103515 1595643 1406577 0 0 0 0 561268 530369 0 0 96587 1075524 1107885 1636792 1638254 -41149 -231677 2678266 2607977 492878 660707 2185388 1947270 X THE COLONIAL THEATRE IS AN HISTORIC PERFORMING ARTS CENTER, WHICH BRINGS THE CULTURAL AND CREATIVE SPIRIT OF OUR COMMUNITY TO LIFE.THE COLONIAL THEATRE WILL BE THE MODEL REGIONAL PERFORMING ARTS CENTER; EXCITING, EDUCATING AND CHALLENGING AUDIENCES OF ALL AGES. 0 0 1229925 840502 OPERATION OF HISTORIC THEATRE AS A COMMUNITY PERFORMING ARTS CENTER, PROVIDING LIVE PERFORMANCES, FILM SHOWINGS AND ACTIVITIES OF VARIOUS TYPES, INCLUDING EDUCATIONAL OUTREACH TO SCHOOLS AND THE COMMUNITY. 1229925 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 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 15 0 1 35 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 12 12 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 NH X STEVE D'ALESSIO 6033521000 543 WEST STREET KEENE NH 03431 X RICHARD GUERRIERO DIRECTOR 0.00 X 0 0 0 JOSEPH PARISI TREASURER 0.00 X X 0 0 0 CHRIS MARSEILLES CHAIR 0.00 X X 0 0 0 SALLY HANSEL DIRECTOR 0.00 X 0 0 0 PETER SCHRADER DIRECTOR 0.00 X 0 0 0 HEATHER MINKLER DIRECTOR 0.00 X 0 0 0 SUSAN NEWCOMER DIRECTOR 0.00 X 0 0 0 ROB HARRIS DIRECTOR 0.00 X 0 0 0 LIANE WILEY DIRECTOR 0.00 X 0 0 0 BETH KOSAK DIRECTOR 0.00 X 0 0 0 JUDITH PUTZEL DIRECTOR 0.00 X 0 0 0 JULIE TEWKSBURY SECRETARY 0.00 X X 0 0 0 ALEXANDER DOYLE EXECUTIVE DIRECTOR 40.00 X 81351 0 18565 81351 0 18565 0 0 0 0 0 281522 205902 19442 487424 THEATRE REVENUE 711110 807374 807374 807374 8264 8264 60891 16041 44850 44850 44850 50513 24976 25537 25537 MISC. REVENUE-RELATED- 900099 33128 33128 33128 1406577 840502 0 78651 101421 20285 60852 20284 340673 200997 88575 51101 7400 4366 1924 1110 48832 28811 12696 7325 32043 18906 8331 4806 31954 31954 12727 12727 315 315 171772 165521 3675 2576 16103 16103 8992 8665 192 135 99255 97813 721 721 LIVE PERFORMANCE COSTS 592495 592495 EQUIPMENT COSTS 40920 40920 FILM COSTS 24565 24565 EQUIPMENT RENTAL AND RE 23663 23663 85124 2918 73677 8529 1638254 1229925 311742 96587 20219 88133 2384 7195 14937 2455 3130 3679 67732 68736 3303919 1697953 1701019 1605966 868845 831813 2678266 2607977 70110 88491 221633 219404 196735 347372 4400 5440 492878 660707 X 1316097 1116846 869291 830424 2185388 1947270 2678266 2607977 X -231677 -6441 X 0 1 X 0 0 X 588238 407765 642690 568634 487424 2694751 890925 908168 1066803 920096 857887 4643879 1479163 1315933 1709493 1488730 1345311 7338630 0 0 0 7338630 152793 152787 136726 65308 60892 568506 152793 152787 136726 65308 60892 568506 109 4637 4334 4794 33128 47002 1632065 1473357 1850553 1558832 1439331 7954138 0.92260 0.92270 0.07150 0.07560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150861 150861 351249 196264 154985 2313998 1090035 1223963 487811 411654 76157 1605966 BENEFICIAL INTEREST 826277 LOAN COSTS 5536 831813 TENANTS'' SECURITY DEPOSIT 5440 5440 X 1447594 41017 41017 1406577 0 1406577 1679271 41017 41017 1638254 0 1638254 PART X, LINE 2: INCOME TAXES - THE COLONIAL QUALIFIES AS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. THE COLONIAL HAS EVALUATED ITS SIGNIFICANT TAX POSITIONS, INCLUDING THEIR TAX EXEMPT STATUS, AND DETERMINED THAT THEY DO NOT NEED TO RECOGNIZE A LIABILITY FOR ANY UNCERTAIN TAX POSITIONS FOR INTEREST, PENALTIES OR POTENTIAL TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. THE COLONIAL'S ANNUAL FEDERAL RETURN FILING (FORM 990) AND NEW HAMPSHIRE ANNUAL REPORT (NHCT-2A) REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS FOR THE STANDARD THREE-YEAR STATUTE OF LIMITATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION SALES 24,976. RENTAL EXPENSES 16,041. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION SALES 24,976. RENTAL EXPENSES 16,041. FORM 990, PART VI, SECTION A, LINE 5 IN NOVEMBER OF 2014 THE COLONIAL THEATRE BECAME AWARE OF FRAUDULENT ACTS PERPETRATED BY A FORMER EMPLOYEE. THESE ACTS GENERALLY INVOLVED FRAUDULENT EXPENDITURES AND MISAPPROPRIATION OF THEATRE ASSETS. MANAGEMENT AND THE BOARD OF DIRECTORS IMMEDIATELY INITIATED AN INVESTIGATION TO IDENTIFY THE SCOPE OF THE FRAUDULENT ACTIVITY AND TO DETERMINE THE METHODS BY WHICH IT OCCURRED. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWED AND DISCUSSED THE FORM 990 AND DESIGNATED FINAL APPROVAL TO THE TREASURER AND EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST STATEMENT UPON JOINING THE BOARD AND AT LEAST ANNUALLY THEREAFTER. THE DIRECTOR OF FINANCE AND ADMINISTRATION KEEPS THE STATEMENTS ON FILE IN THE BUSINESS OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE. EACH BOARD MEMBER COMPLETES A PERFORMANCE REVIEW FORM AND SUBMITS IT TO THE EXECUTIVE COMMITTEE WHICH THEN REVIEWS THE FORMS AND HAS A REVIEW SESSION WITH THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES OF REQUESTED DOCUMENTS MAY BE OBTAINED AT THE BUSINESS OFFICE IN KEENE, NH BY APPOINTMENT, OR MAY BE MAILED TO THE REQUESTOR AT HIS/HER LOCATION. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR MARKET VALUE OF BENEFICIAL INTEREST -6,441.