2015-02-13T13:32:06-06:00 2014-05-31 030225774 GALLAGHER FLYNN & COMPANY LLP 45 LYME RD SUITE 205 HANOVER NH 03755 990 2013-06-01 043387268 NORTHERN STAGE COMPANY NORT 8022919009 76 GATES STREET WHITE RIVER JCT VT 05001 JUDSON PIERSON TREASURER 8022919009 2015-02-13 1 PHILIP A LAPP CPA P00356904 6036430043 2013 2016-03-07 17:11:31Z ERIC BUNGE 76 GATES STREET WHITE RIVER JCT VT 05001 6698750 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. 18 18 109 190 0 0 642751 5741937 1229160 880378 90 -2767 35251 43523 1907252 6663071 0 0 0 0 898990 1003482 0 0 116347 1103258 1004521 2002248 2008003 -94996 4655068 1649115 6405039 977184 1057291 671931 5347748 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 1410181 833754 THEATER: CREATION OF HIGH-QUALITY PROFESSIONAL THEATER PRODUCTIONS USING TOP ACTORS, MANY WITH BROADWAY EXPERIENCE; COMMUNITY INVOLVEMENT IN THEATER ENRICHMENT PROGRAMS. 41830 46624 EDUCATION: THEATER EDUCATION PROGRAM, TAUGHT BY WORKING THEATER PROFESSIONALS. INCLUDES CLASSES FOR ALL ABILITY LEVELS; IN-SCHOOL RESIDENCIES; AND MATINEE PERFORMANCES FOR SCHOOL GROUPS. 1452011 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 53 0 109 1 0 0 0 0 0 1 1 0 0 0 0 1 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 NH X LAUREL DENNY 8022919009 76 GATES STREET WHITE RIVER JUNCTION VT 05001 HUNT WHITACRE MEMBER 1.00 X 0 0 0 JENNIFER PITTS MEMBER 1.00 X 0 0 0 MICHAEL GERLING MEMBER 1.00 X 0 0 0 HARRY TETHER MEMBER 1.00 X 0 0 0 SUZANNE GOLDMAN MEMBER 1.00 X 0 0 0 AL BLUM MEMBER 1.00 X 0 0 0 FRAN HANLON MEMBER 1.00 X 0 0 0 LINDA ROESCH MEMBER 1.00 X 0 0 0 JIM ADLER MEMBER 1.00 X 0 0 0 NANCY HEYL MEMBER 1.00 X 0 0 0 HEIDI REYNOLDS MEMBER 1.00 X 0 0 0 MATT SWETT MEMBER 1.00 X 0 0 0 CHARLOTTE BERNINI MEMBER 1.00 X 0 0 0 JAMIE HORTON MEMBER 1.00 X 0 0 0 SVEN KARLEN VICE CHAIR 2.00 X 0 0 0 JUDSON PIERSON TREASURER 2.00 X 0 0 0 CYNTHIA BARRETTE SECRETARY 2.00 X 0 0 0 JANET MILLER HAINES BOARD CHAIR 5.00 X 0 0 0 ERIC BUNGE MANAGING DIRECTOR 50.00 X 42836 0 0 42836 0 0 0 0 0 0 0 8035 5733902 5741937 THEATRICAL PRODUCTIONS 711110 833754 833754 EDUCATIONAL EXPERIENCE 711110 46624 46624 880378 26 26 1000 0 1000 1000 1000 9680 12473 -2793 -2793 -2793 50794 8035 23206 27588 27588 MISCELLANEOUS INCOME 711110 14935 14935 14935 6663071 895313 0 25821 201581 112378 63660 25543 693654 476377 167007 50270 9912 3141 6771 98335 69334 23536 5465 16300 16300 132320 94587 37733 58743 51692 7051 35173 11567 10355 13251 232214 194838 28330 9046 102754 102754 38974 38974 55840 46527 7132 2181 59596 47444 11708 444 PRODUCTION ELEMENTS 166779 166779 BOX OFFICE 38311 36817 602 892 PLAYBILL 20089 20089 MISCELLANEOUS 12360 9168 3192 35068 17687 11318 6063 2008003 1452011 439645 116347 477 600 78964 237403 7925 4524781 22468 10561 25100 0 32214 34641 1985935 503695 1481967 1482240 0 114813 1649115 6405039 92352 148116 36132 223483 106800 107500 741900 578192 977184 1057291 X 648001 757943 20935 4586810 2995 2995 671931 5347748 1649115 6405039 X 4655068 20749 X X 0 1 X 1 0 X 980694 747249 966982 642751 5741937 9079613 980694 747249 966982 642751 5741937 9079613 4758368 4321245 322 351 110 90 26 899 9080512 5770210 0.47590 0.66650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2995 2995 2995 2995 2995 2995 2995 2995 2995 2995 0.00000 1.00000 0.00000 0 0 250000 250000 1735935 503695 1232240 1482240 X 6747384 61107 23206 84313 6663071 0 6663071 2071567 40358 23206 63564 2008003 0 2008003 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, 2010 ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO SPECIAL EVENTS 23,206. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO SPECIAL EVENTS 23,206. DIAMONDS & DENIM EVENT 58829 8035 50794 23206 58829 8035 50794 23206 23206 27588 NANCY HEYL 3% NOTE TO FUND ORGANIZATION X 300 0 0 1 1 AL BLUM 3% NOTE TO FUND ORGANIZATION X 5000 0 0 1 1 SVEN KARLEN 3% NOTE TO FUND ORGANIZATION X 10000 0 0 1 1 MICHAEL GERLING 3% NOTE TO FUND ORGANIZATION X 25000 25000 0 1 1 HARRY TETHER 3% NOTE TO FUND ORGANIZATION X 10000 10000 0 1 1 LINDA ROESCH 3% NOTE TO FUND ORGANIZATION X 20000 20000 0 1 1 FRAN HANLON 3% NOTE TO FUND ORGANIZATION X 2500 0 0 1 1 JANET MILLER-HAINES 3% NOTE TO FUND ORGANIZATION X 10000 10000 0 1 1 JUDSON PIERSON 3% NOTE TO FUND ORGANIZATION X 5000 5000 0 1 1 SUZANNE GOLDMAN 3% NOTE TO FUND ORGANIZATION X 2000 2000 0 1 1 HEIDI REYNOLDS 3% NOTE TO FUND ORGANIZATION X 500 500 0 1 1 JIM ADLER 3% NOTE TO FUND ORGANIZATION X 5000 5000 0 1 1 STUART JOHNSON 3% NOTE TO FUND ORGANIZATION X 10000 10000 0 1 1 JENNIFER PITTS 3% NOTE TO FUND ORGANIZATION X 1500 0 0 1 1 JANET MILLER-HAINES 3% NOTE TO FUND ORGANIZATION X 20000 20000 0 1 1 107500 CYNTHIA BARRETTE BOARD MEMBER 100000 MADE A PLEDGE TO THE ORGANIZATION'S CAPITAL CAMPAIGN FOR THE ENDED 5/31/2014 0 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. 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 XI, LINE 9: IN-KIND CONTRIBUTIONS FOR DONATED PROPERTY CAPITALIZED INTO FIXED ASSETS 20,749. 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.