2015-05-14T14:10:54-05:00 2014-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2013-07-01 560591306 THE LITTLE THEATRE OF CHARLOTTE INC LITT 7043763777 501 QUEENS ROAD CHARLOTTE NC 28207 RON LAW EXECUTIVE DIRECTOR 7043763777 2015-05-12 1 PAULA P TILLEY P00051456 7043770239 2015-05-12 2013 2016-03-07 17:11:31Z THEATRE CHARLOTTE RON LAW 501 QUEENS ROAD CHARLOTTE NC 28207 581260 0 X WWW.THEATRECHARLOTTE.ORG X 1929 NC TO PRODUCE VOLUNTEER-BASED THEATRICAL EVENTS IN THE CHARLOTTE, NC REGION. 16 16 4 992 0 0 254790 207622 315159 347297 1130 -191 141 7877 571220 562605 0 0 0 0 237367 246674 0 0 70177 295247 355529 532614 602203 38606 -39598 404290 374311 325442 334755 78848 39556 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 393379 348381 THEATRE CHARLOTTE'S FY14 PROGRAMMING SERVED 15,388 PARTICIPANTS. THE MAIN STAGE SERIES CONSISTED OF 5 PRODUCTIONS: THE MUSICAL "GYPSY", THE COMEDY "ARSENIC AND OLD LACE", THE COMEDY "MISS FIRECRACKER CONTEST", THE DRAMA "DRIVING MISS DAISY" AND THE MUSICAL "HAIR". THEATRE CHARLOTTE ALSO PRESENTED ITS ANNUAL PRODUCTION OF "A CHRISTMAS CAROL". THE PERCENTAGE OF PARTICIPANTS WAS 5.6% HIGHER THAN THE PREVIOUS SEASON. SEASON TICKETS WERE 27% HIGHER THAN FY13 AND 19% ABOVE PROJECTION. 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 52 MEMBERS REPRESENTING 28 LOCAL AND REGIONAL HIGH SCHOOLS, COLLEGES AND UNIVERSITIES. THE STG HAD ITS OWN OFFICERS, PLANNED PROGRAMMING UNDER THE SUPERVISION OF A VOLUNTEER ADVISOR AND THE TC EXECUTIVE DIRECTOR. THE PROGRAMMING INCLUDED WORKSHOPS COVERING STAGE COMBAT, AUDITION TECHNIQUES, DESIGN AND TECHNICAL THEATRE AND MUSICAL THEATRE. 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, "HOW TO SUCCEED IN BUSINESS WITHOUT REALLY TRYING". TCJR, A SECOND YOUTH GROUP FOR YOUNGER STUDENTS, AGES 9-14, FEATURED A PROFESSIONAL SUMMER STOCK MODEL WITH 6 PERFORMANCES OF "WILLY WONKA JR", IN JULY. THEATRE CHARLOTTE INAUGURATED A MUSICAL CABARET SERIES WITH 4 CAPACITY PERFORMANCES IN THE THEATRE CHARLOTTE LOBBY AND 1 AT THE BECHTLER MUSEUM. THESE PERFORMANCES FEATURED A TOTAL OF 80 PERFORMERS. THEATRE CHARLOTTE SPONSORED TWO SOLD-OUT MURDER MYSTERY DINNER THEATRE PRESENTATIONS: "DINNER AND A MURDER" AND "WINE, CHOCOLATE AND MURDER". 393379 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 50 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X NANCY WILSON 7043763777 501 QUEENS ROAD CHARLOTTE NC 28207 DAVID MITCHELL PRESIDENT 3.00 X X 0 0 0 KAREN HUMPHRIES TREASURER 2.00 X X 0 0 0 SCOTT MILLER SECRETARY 2.00 X X 0 0 0 KEVIN CHAPMAN VICE PRESIDENT 2.00 X X 0 0 0 BRYAN CROCKER BOARD MEMBER 1.00 X 0 0 0 SUE GORMAN BOARD MEMBER 1.00 X 0 0 0 TODD BLANTON BOARD MEMBER 1.00 X 0 0 0 MICHELE MELCHIOR BOARD MEMBER 1.00 X 0 0 0 TODD TAYLOR BOARD MEMBER 1.00 X 0 0 0 VICTOR SAYEGH BOARD MEMBER 1.00 X 0 0 0 DAVID SNIDER BOARD MEMBER 1.00 X 0 0 0 CATHERINE UPCHURCH BOARD MEMBER 1.00 X 0 0 0 BRANDON WILLIAMS BOARD MEMBER 1.00 X 0 0 0 DREW BRANHAM BOARD MEMBER 1.00 X 0 0 0 GEORGE HARRISON BOARD MEMBER 1.00 X 0 0 0 RENEE MOORE BOARD MEMBER 1.00 X 0 0 0 RON LAW EXECUTIVE DIRECTOR 40.00 X 61000 0 315 61000 0 315 0 0 0 0 0 95496 7864 104262 257 207622 TICKET SALES 711110 221343 221343 SEASON TICKETS 711110 64716 64716 CONCESSIONS 711110 33028 33028 STUDENT THEATRE GUILD 711110 16465 16465 FACILITY RENTALS 711110 11745 11745 347297 159 159 93 0 443 93 -443 -350 -350 23005 7864 18212 4793 4793 PLAYBILL 541800 2650 2650 MISCELLANEOUS 711110 434 434 3084 562605 317353 0 37630 63944 26778 18583 18583 143864 84689 25200 33975 4005 2151 842 1012 19676 10695 4053 4928 15185 8155 3193 3837 10199 10199 24 24 7200 6480 720 44614 44614 35708 30352 5356 18410 16569 1841 12080 10872 1208 24250 21825 2425 10237 9213 1024 PRODUCTION COSTS 117940 117940 MISCELLANEOUS 45162 4931 37745 2486 CONCESSIONS 17087 17087 REPAIRS & MAINTENANCE 12618 11356 1262 602203 393379 138647 70177 48644 41306 14265 5225 19951 20493 804969 501350 318203 303619 3227 3668 404290 374311 26743 24362 45478 58604 253221 251789 325442 334755 X 76528 37236 2320 2320 78848 39556 404290 374311 -39598 306 0 X 0 1 X 1 0 X 205523 219035 221652 254790 207622 1108622 205523 219035 221652 254790 207622 1108622 1108622 12078 51 58 67 159 12413 1522 125 1100 2747 7838 18161 15251 21096 26089 88435 1212217 1434160 0.91450 0.92040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS - 2009 AMOUNT: $ 7,580. 2010 AMOUNT: $ 10,551. 2011 AMOUNT: $ 14,128. 2012 AMOUNT: $ 20,874. 2013 AMOUNT: $ 23,005. MISCELLANEOUS - 2009 AMOUNT: $ 258. 2010 AMOUNT: $ 4,960. 2011 AMOUNT: $ 973. 2012 AMOUNT: $ 95. 2013 AMOUNT: $ 434. PLAYBILL - 2010 AMOUNT: $ 2,650. 2011 AMOUNT: $ 150. 2012 AMOUNT: $ 127. 2013 AMOUNT: $ 2,650. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3227 465 24 3668 2925 327 25 3227 3010 -62 23 2925 2503 529 22 3010 2241 262 2503 1.00000 1 0 1500 1500 688151 404823 283328 115318 96527 18791 303619 X 593964 306 33120 -2043 31383 562581 24 24 562605 633256 33120 443 33563 599693 24 2486 2510 602203 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, 2014, THE TAX YEARS ENDED JUNE 30, 2011 THROUGH 2014 WERE OPEN FOR POTENTIAL EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2014 AND 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF FIXED ASSETS 443. FUNDRAISING EXPENSES -2,486. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF FIXED ASSETS 443. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 2,486. 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. DINNER AND A MURDER 10103 3228 6875 1319 4500 65 WINE, CHOCOLATE & MURDER 2014 20766 4636 16130 3091 9080 157 30869 7864 23005 4410 13580 222 18212 4793 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.