2016-05-12T14:29:49-05:00 2015-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2014-07-01 560591306 THE LITTLE THEATRE OF CHARLOTTE INC LITT 7043763777 501 QUEENS ROAD CHARLOTTE NC 28207 RON LAW EXECUTIVE DIRECTOR 7043763777 2016-04-28 1 PAULA P TILLEY P00051456 7043770239 2016-04-28 2014 2016-08-17 19:52:53Z THEATRE CHARLOTTE RON LAW 501 QUEENS ROAD CHARLOTTE NC 28207 634494 0 X WWW.THEATRECHARLOTTE.ORG X 1929 NC TO PRODUCE VOLUNTEER-BASED THEATRICAL EVENTS IN THE CHARLOTTE, NC REGION. 16 16 4 890 0 0 207622 206202 347297 385014 -191 447 7877 25202 562605 616865 0 0 0 0 246674 272472 0 0 71476 355529 318239 602203 590711 -39598 26154 374311 380870 334755 315304 39556 65566 X THEATRE CHARLOTTE IS A VOLUNTEER-BASED COMMUNITY THEATRE DEDICATED TO CREATING OUTSTANDING THEATRE OPPORTUNITIES RELEVANT TO THE PEOPLE OF THE CHARLOTTE REGION. 0 0 414774 385014 THEATRE CHARLOTTE'S FY15 PROGRAMMING SERVED 15,844 PARTICIPANTS. THE MAIN STAGE SERIES CONSISTED OF 5 PRODUCTIONS: THE MUSICAL FOOTLOOSE, THE DRAMA TO KILL A MOCKINGBIRD, THE COMEDY HARVEY, THE DRAMA THE NORMAL HEART AND THE MUSICAL JESUS CHRIST SUPERSTAR. THEATRE CHARLOTTE ALSO PRESENTED ITS ANNUAL PRODUCTION OF A CHRISTMAS CAROL. THE PERCENTAGE OF PARTICIPANTS WAS 3% HIGHER THAN THE PREVIOUS SEASON. SINGLE TICKETS WERE 7% HIGHER AND SEASON TICKETS 5% HIGHER THAN THE PREVIOUS SEASON. OUR PRODUCTIONS FEATURED DIVERSE CASTS IN TERMS OF RACE, ETHNICITY, GENDER AND AGE. OUR VOLUNTEER BASE WAS ALSO DIVERSE IN TERMS OF RACE, ETHNICITY, GENDER AND AGE. THE THEATRE CHARLOTTE STUDENT THEATRE GUILD (STG), AN AREA-WIDE THEATRE GROUP FOR AGES 14 THROUGH COLLEGE, HAD 48 MEMBERS REPRESENTING 29 LOCAL AND REGIONAL HIGH SCHOOLS, COLLEGES AND UNIVERSITIES. THE STG HAD A TWO-WEEK SUMMER INTENSIVE IN JULY, MODELED AFTER PROFESSIONAL SUMMER STOCK THAT CULMINATED IN 4 WELL-ATTENDED PERFORMANCES OF THE BROADWAY MUSICAL SWEET CHARITY. TC JR, SECOND YOUTH GROUP FOR YOUNGER STUDENTS, AGES 9-14, FEATURED A PROFESSIONAL SUMMER STOCK MODEL WITH 6 PERFORMANCES OF DISNEY'S PETER PAN JR. ADMITTANCE TO BOTH PROGRAMS IS BY AUDITION ONLY. THEATRE CHARLOTTE CONTINUED ITS MUSICAL CABARET SERIES, GRAND NIGHTS FOR SINGING, WITH 2 CAPACITY PERFORMANCES IN THE THEATRE CHARLOTTE LOBBY. THESE PERFORMANCES FEATURED A TOTAL OF 30 PERFORMERS. 414774 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X NANCY WILSON 7043763777 501 QUEENS ROAD CHARLOTTE NC 28207 ALY LERNER BOARD MEMBER 1.00 X 0 0 0 BRANDON WILLIAMS BOARD MEMBER 1.00 X 0 0 0 BRYAN CROCKER LOAUNTIL 914 SECRETARY 2.00 X X 0 0 0 CATHERINE UPCHURCH BOARD MEMBER 1.00 X 0 0 0 CHERIE MCDONALD BOARD MEMBER 1.00 X 0 0 0 DAVID MITCHELL PRESIDENT 3.00 X X 0 0 0 DAVID SNIDER BOARD MEMBER 1.00 X 0 0 0 DREW BRANHAM BOARD MEMBER 1.00 X 0 0 0 EMORY GASH BOARD MEMBER 1.00 X 0 0 0 GEORGE HARRISON PRESIDENT ELECT 3.00 X X 0 0 0 JOSH PITTMAN BOARD MEMBER 1.00 X 0 0 0 KAREN HUMPHRIES TREASURER 2.00 X X 0 0 0 KEVIN CHAPMAN VICE-PRESIDENT 2.00 X X 0 0 0 MICHAEL DEPALMA BEG 1214 SECRETARY 2.00 X X 0 0 0 MICHELE MELCHIOR BOARD MEMBER 2.00 X 0 0 0 SUE GORMAN BOARD MEMBER 1.00 X 0 0 0 TODD BLANTON UNTIL 1214 BOARD MEMBER 1.00 X 0 0 0 TODD TAYLOR BOARD MEMBER 1.00 X 0 0 0 RON LAW EXECUTIVE DIRECTOR 40.00 X 64500 0 1275 64500 0 1275 0 0 0 0 0 95496 1165 109541 206202 TICKET SALES 711110 256527 256527 SEASON TICKETS 711110 68544 68544 CONCESSIONS 711110 35428 35428 STUDENT THEATRE GUILD 711110 16350 16350 FACILITY RENTALS 711110 8165 8165 385014 363 363 84 0 84 84 84 42306 1165 17629 24677 24677 PLAYBILL 541800 525 525 525 616865 350111 0 60552 66343 26537 19903 19903 168059 103399 27000 37660 4259 2667 654 938 17899 10016 3521 4362 15912 8845 3168 3899 10257 10257 24 24 6600 5940 660 37186 37186 31430 26716 4714 18316 16484 1832 10709 9638 1071 22293 20064 2229 13285 11956 1329 PRODUCTION COSTS 128617 128617 REPAIRS & MAINTENANCE 16658 14992 1666 CONCESSIONS 16057 16057 MISCELLANEOUS 6807 2352 4455 590711 414774 104461 71476 41306 55530 5225 3131 20493 33731 808451 523643 303619 284808 3668 3670 374311 380870 24362 19783 58604 55606 251789 239915 334755 315304 X 37236 55796 7450 2320 2320 39556 65566 374311 380870 26154 -144 0 X 0 1 X 1 0 X 219035 221652 254790 207622 206202 1109301 219035 221652 254790 207622 206202 1109301 1109301 51 58 67 159 363 698 1522 125 1100 2747 18161 15251 21096 26089 42831 123428 1236174 1626118 0.89740 0.91450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS - 2010 AMOUNT: $ 10,551. 2011 AMOUNT: $ 14,128. 2012 AMOUNT: $ 20,874. 2013 AMOUNT: $ 23,005. 2014 AMOUNT: $ 42,306. MISCELLANEOUS - 2010 AMOUNT: $ 4,960. 2011 AMOUNT: $ 973. 2012 AMOUNT: $ 95. 2013 AMOUNT: $ 434. 2014 AMOUNT: $ 0. PLAYBILL - 2010 AMOUNT: $ 2,650. 2011 AMOUNT: $ 150. 2012 AMOUNT: $ 127. 2013 AMOUNT: $ 2,650. 2014 AMOUNT: $ 525. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3668 26 24 3670 3227 465 24 3668 2925 327 25 3227 3010 -62 23 2925 2503 529 22 3010 1.00000 1 0 1500 1500 691633 422858 268775 115318 100785 14533 284808 X 638817 -144 22120 21976 616841 24 24 616865 612807 22120 22120 590687 24 24 590711 PART X, LINE 2: THE THEATRE IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE THEATRE RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2015, THE TAX YEARS ENDED JUNE 30, 2012 THROUGH 2015 WERE OPEN FOR POTENTIAL EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2015 AND 2014. FORM 990, PART V, LINE 4 USE OF ENDOWMENT FUNDS CONTRIBUTIONS TO THE TRUST ARE TO BE INVESTED IN PERPETUITY. INCOME EARNED CAN BE USED FOR GENERAL EXPENSES. BROADWAY BALL 43471 1165 42306 2200 8877 2500 4052 43471 1165 42306 2200 8877 2500 4052 17629 24677 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS CHERIE MCDONALD AND CATHERINE UPCHURCH ARE SISTERS. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THEATRE CHARLOTTE'S FORM 990 WAS REVIEWED IN DETAIL BY THE DIRECTOR OF BUSINESS AND A MEMBER OF THE BOARD'S FINANCE COMMITTEE. A HIGHER LEVEL PRESENTATION OF THE FORM 990 WAS CONDUCTED AT A MEETING OF THE BOARD OF DIRECTORS. THE FORM 990 WAS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE THEATRE'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND MANAGEMENT EMPLOYEES. EACH BOARD MEMBER AND OFFICER IS REQUIRED TO ANNUALLY COMPLETE AN ACKNOWLEDGEMENT OF THE THEATRE'S CONFLICT OF INTEREST POLICY. IN ACCORDANCE WITH THE THEATRE'S POLICY: IF A POTENTIAL CONFLICT OF INTEREST ARISES, THE BOARD MEMBER OR MANAGEMENT EMPLOYEE MUST DISCLOSE THE POTENTIAL CONFLICT TO THE BOARD OF DIRECTORS. FURTHER, THE BOARD MEMBER SHALL NOT VOTE ON ANY CONTRACT OR GRANT, AND NO MANAGEMENT EMPLOYEE SHALL PARTICIPATE IN THE SOLICITATION, NEGOTIATION, FORMATION, AWARD, ARBITRATION, MODIFICATION, OR SETTLEMENT OF ANY CONTRACT OR GRANT WHEN THE BOARD MEMBER OR MANAGEMENT EMPLOYEE STANDS TO BENEFIT, EITHER DIRECTLY OR INDIRECTLY FROM SUCH CONTRACT OR GRANT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE SHALL SET THE COMPENSATION OF THE EXECUTIVE DIRECTOR, SUBJECT TO THE BOARD'S REVIEW AND APPROVAL. THE PRESIDENT, WITH ASSISTANCE FROM THE GOVERNANCE CHAIR ANNUALLY COORDINATES A FORMAL WRITTEN REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE WHICH INCLUDES FEEDBACK FROM THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR DETERMINING APPROPRIATE COMPENSATION WHICH IS VOTED ON BY THE FULL BOARD DURING THE ANNUAL BUDGETING PROCESS AND APPROVAL. THE THEATRE DOES NOT HAVE OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE THEATRE'S BYLAWS, CONFLICT OF INTEREST POLICY, WHISTLE-BLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.