2015-11-11T12:33:09-06:00 2014-12-31 420714325 RSM US LLP 1001 LAKESIDE AVE SUITE 200 CLEVELAND OH 441141152 990 2014-01-01 132894677 CAPITAL REPERTORY THEATRE CAPI 5183823884 432 STATE STREET SCHENECTADY NY 12305 PHILIP MORRIS CHIEF ADMINISTRATIVE OFFICER 5183823884 2015-11-10 1 ZACHARY FORTSCH P00052725 2165231900 2014 2016-02-25 16:41:14Z PHILIP MORRIS 432 STATE STREET SCHENECTADY NY 12305 2186685 0 X WWW.CAPITALREP.ORG X 1976 NY TO CREATE MEANINGFUL THEATRE GENERATED BY AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES. 19 19 171 0 0 0 359105 826224 483646 1181398 0 0 119332 138981 962083 2146603 0 0 0 0 280878 763851 0 0 175119 712220 1615761 993098 2379612 -31015 -233009 436508 296720 1422308 1515529 -985800 -1218809 TO CREATE MEANINGFUL THEATRE GENERATED BY AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES. 0 0 1742047 1157978 PRODUCTION OF PROFESSIONAL THEATRE. APPROXIMATELY 64,000 SERVED. 101531 71067 SUPPORTS AND ASSISTS IN ENGAGING AREA YOUTH WITH EDUCATIONAL PROGRAMMING AND SUMMER CAMPS. 1843578 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 37 0 1 171 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTOPHER MUSTO 5183823884 432 STATE STREET SCHENECTADY NY 12305 ANTHONY J BIFARO TRUSTEE 1.00 2.00 X 0 0 0 CAROLYN ANDERSON TRUSTEE 1.00 X 0 0 0 DONNA J PURNOMO TRUSTEE 1.00 X 0 0 0 HAROLD ISELIN PRESIDENT 1.00 X X 0 0 0 HOWARD READ TRUSTEE 1.00 X 0 0 0 JIM MILLER TRUSTEE 1.00 X 0 0 0 JOHN PRIVITERA TRUSTEE 1.00 X 0 0 0 JOSEPH NICOLLA TRUSTEE 1.00 X 0 0 0 M SHERRY GOLD TRUSTEE 1.00 X 0 0 0 MARCUS Q PRYOR TRUSTEE 1.00 X 0 0 0 MARTHA D BROWN VICE PRESIDENT 1.00 X X 0 0 0 MARTHA TUCK ROZETT TRUSTEE 1.00 X 0 0 0 MARY SCANLAN TRUSTEE 1.00 X 0 0 0 MICHAEL WHALEN TRUSTEE 1.00 X 0 0 0 NANCY E HOFFMAN TRUSTEE 1.00 X 0 0 0 PAUL CZECH TRUSTEE 1.00 X 0 0 0 RANDOLPH COLLINS TRUSTEE 1.00 X 0 0 0 RICHARD A CARLSTROM TREASURER 1.00 1.00 X X 0 0 0 STEPHEN MADARASZ TRUSTEE 1.00 X 0 0 0 TOM NARDACCI TRUSTEE 1.00 X 0 0 0 PHILIP MORRIS CHIEF ADMINISTRATIVE OFFICER 1.00 40.00 X 0 228600 13462 CHRISTOPHER MUSTO FINANCE DIRECTOR 1.00 40.00 X 0 73245 745 0 301845 14207 0 0 1 0 0 47700 778524 250000 826224 THEATRE TICKET REVENUE 711110 1181398 1181398 1181398 4578 0 4578 4578 4578 105480 19596 85884 85884 6650 1200 5450 5450 45809 19286 26523 26523 16546 16546 16546 2146603 1229045 0 91334 X 569894 254149 211264 104481 137548 61341 50990 25217 56409 25156 20911 10342 306 306 14877 14877 1038348 1035840 2384 124 202219 201362 684 173 176378 134163 28490 13725 46482 38865 7301 316 27624 13498 9316 4810 80 39 27 14 15552 12436 2134 982 3095 2959 107 29 23168 22327 644 197 REPAIRS/MAINTENANCE 47558 39788 7770 FUNDRAISING EXPENSE 12912 146 1510 11256 HOSPITALITY 6635 982 2200 3453 TAXES 527 527 2379612 1843578 360915 175119 52846 9389 112500 3540 10896 87728 106091 391175 227928 133699 163247 7097 46195 0 436508 296720 547890 977680 399418 411699 475000 126150 1422308 1515529 X -1015900 -1248909 30100 30100 -985800 -1218809 436508 296720 -233009 0 X 0 1 X 1 0 X 884287 798530 722380 359105 826224 3590526 1306004 1264376 1110270 503755 1339337 5523742 2190291 2062906 1832650 862860 2165561 9114268 0 0 0 9114268 4578 4578 4578 4578 64466 23553 72707 97719 16546 274991 2254757 2086459 1905357 960579 2186685 9393837 0.97020 0.97550 0.00050 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FORGIVENESS OF DEBT - 2010 AMOUNT: $ 64,466. 2011 AMOUNT: $ 23,553. 2012 AMOUNT: $ 72,707. 2013 AMOUNT: $ 97,719. OTHER REVENUE - 2014 AMOUNT: $ 16,546. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126596 126596 264579 227928 36651 163247 X PART X, LINE 2: THE FASB PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING CAPITAL REPERTORY THEATRE'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED 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 AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2014, MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, CAPITAL REPERTORY THEATRE IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES FOR YEARS BEFORE 2011. TULIP BALL 105480 105480 19596 105480 105480 19596 19596 85884 0 0 0 0 0 0 0 0 0 PHILIP MORRIS CHIEF ADMINISTRATIVE OFFICER 0 225000 0 0 0 3600 0 0 0 13462 0 242062 0 0 SCHEDULE J, PART 1, LINE 3 COMPENSATION OF THE ORGANIZATION'S CHIEF ADMINISTRATIVE OFFICER IS SET BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"). THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF ADMINISTRATIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS. X DEBT FORGIVENESS 1 250000 VALUE OF LOAN FORGIV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE REVIEW THE FORM 990. AFTER THEY HAVE COMPLETED THEIR REVIEW, A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, THE CEO REQUESTS EACH DIRECTOR TO FURNISH A WRITTEN LIST OF ALL AFFILIATIONS OR OTHER INTERESTS WHICH THE DIRECTOR BELIEVES COULD POTENTIALLY CONSTITUTE A CONFLICT OF INTEREST WITH CAPITAL REPERTORY THEATRE. THE CEO THEN REVIEWS THE LIST WITH A COMMITTEE OF THE BOARD AND OBTAINS ADVICE OF COUNSEL, IF NEEDED. THE CEO UPDATES THE BOARD WITH ANY ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE FILING ORGANIZATION DOES NOT COMPENSATE ITS CHIEF ADMINISTRATIVE OFFICER; INSTEAD, HE IS COMPENSATED BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"), A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF ADMINISTRATIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 CAPITAL REPERTORY THEATRE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, FOR THE SAME PERIOD OF TIME AS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART IX, LINE 11G SHOW TALENT FEES AND SUPPLIES: PROGRAM SERVICE EXPENSES 1,034,632. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,034,632. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 35. MANAGEMENT AND GENERAL EXPENSES 70. FUNDRAISING EXPENSES 4. TOTAL EXPENSES 109. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,173. MANAGEMENT AND GENERAL EXPENSES 2,314. FUNDRAISING EXPENSES 120. TOTAL EXPENSES 3,607. ARTS CENTER & THEATRE OF SCHENECTADY INC 432 STATE STREET SCHENECTADY NY 12305 141602083 COMMUNITY THEATRE NY 501(C)(3) LINE 9 0 440 STATE STREET 432 STATE STREET SCHENECTADY NY 12305 141797729 COMMUNITY ART NY 501(C)(3) LINE 9 ARTS CENTER & THEATRE OF SCHENECTADY INC 1 PT REDEVELOPMENT LLC 432 STATE STREET SCHENECTADY NY 12305 203849263 REAL ESTATE OWNERSHIP NY 0 0 PT DEVELOPMENT MANAGER LLC 432 STATE STREET SCHENECTADY NY 12305 203849194 MANAGE COMPLIANCE OPER OF PTR NY C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 ARTS CENTER & THEATRE OF SCHENECTADY INC Q 1189797 COST ARTS CENTER & THEATRE OF SCHENECTADY INC R 2042570 COST ARTS CENTER & THEATRE OF SCHENECTADY INC S 1680771 COST ARTS CENTER & THEATRE OF SCHENECTADY INC P 375028 COST