2014-10-24T17:01:04-07:00 2014-06-30 Harrigan Price Fronk & Co LLP 975 SW Colorado Ave Suite 200 Bend OR 97702 990 2013-07-01 911829147 Tower Theatre Foundation Inc TOWE 5413170700 PO Box 1378 Bend OR 97709 RAY SOLLEY Executive Direc 2014-10-17 true CANDACE S FRONK P00051000 5413824791 X 2013 2015-11-30 17:44:51Z RAY SOLLEY 1162060 false false X www.towertheatre.org X 1997 OR to be Central OR's leading performing arts organization, providing cultural & education programs that make essential contributions to the region's lifestyle & strength of community, by providing an extraordinary space for performances, education, civic gatherings & social events. 9 9 23 175 0 164393 240552 935363 921285 278 -265 0 1100034 1161572 0 0 480526 551216 0 136036 716379 715685 1196905 1266901 -96871 -105329 3020596 2945682 405185 435600 2615411 2510082 to be Central OR's leading performing arts organization, providing cultural & education programs that make essential contributions to the region's lifestyle & strength of community, by providing an extraordinary space for performances, education, civic gatherings & social events. false false 1027664 921285 THE THEATRE WAS UTILIZED FOR A WIDE VARIETY OF CULTURAL EVENTS ON 164 DAYS DURING THE YEAR. ATTENDANCE AT 159 EVENTS AMOUNTED TO 51,530. 62% OF THE THEATRE'S LICENSEES WERE NONPROFIT ORGANIZATIONS. 1027664 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 33 0 false 23 true false false false false false false false false 0 false false false false false false false false false false X 9 9 false false false false false false false true false false false false true true true false true true false false X ANGELA MILLER 5413170700 835 NW WALL ST BEND OR 97701 X ALISON HAMM Director 1.00 0.00 X 0 0 0 BOB SINGER Chairman 1.00 0.00 X X 0 0 0 STEVE MAGIDSON Secretary 1.00 0.00 X X 0 0 0 CARLY MCFARLAND Treasurer 1.00 0.00 X X 0 0 0 JIM DAVIDSON Director 1.00 0.00 X 0 0 0 CASSONDRA SCHINDLER Director 1.00 0.00 X 0 0 0 BRIAN TOMPKINS Director 1.00 0.00 X 0 0 0 KEVIN SPARKS Director 1.00 0.00 X 0 0 0 DOUGLAS WATSON Director 1.00 0.00 X 0 0 0 RAY SOLLEY EXECUTIVE DIRECTOR 40.00 0.00 X 110000 0 0 110000 1 false false false 0 240552 240552 EVENTS AND RELATED INCOME 459623 459623 IN HOUSE PRESENTING 337836 337836 TICKET OFFICE 123826 123826 921285 223 223 0 0 0 488 -488 -488 -488 0 0 0 0 1161572 921285 -265 0 0 0 0 110000 78269 13465 18266 0 396830 282360 48575 65895 0 0 44386 32402 4882 7102 0 270 176 67 27 5700 3716 1412 572 0 0 0 37110 24197 9190 3723 0 4674 3506 701 467 17168 11195 4251 1722 0 44056 38493 3463 2100 0 0 0 0 0 105788 105788 17600 15488 2112 IN-HOUSE PRESENTING EXPENSES 301787 293077 8710 OTHER EXPENSES 77307 40200 12369 24738 CONCESSION EXPENSES 57731 57731 REPAIRS AND MAINTENACE 24778 24778 21716 16288 2714 2714 1266901 1027664 103201 136036 1971 2127 222730 205594 22216 26508 0 0 0 0 0 14566 35522 3737071 1061140 2759113 2675931 0 0 0 0 0 3020596 2945682 46498 32549 76412 144776 282275 258275 405185 435600 X 2600134 2463426 15277 46656 2615411 2510082 3020596 2945682 -105329 X false true X true false X 443456 237418 175415 164393 240552 1261234 0 0 443456 237418 175415 164393 240552 1261234 52686 1208548 1884 1540 633 278 223 4558 0 0 1265792 3750372 0.95480 0.81950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 202844 202844 3255773 856898 2398875 278454 204242 74212 2675931 X 1200945 39373 39373 1161572 1161572 1306274 39373 39373 1266901 1266901 Part X : FIN48 Footnote The Theatre is exempt from federal and state income taxes, with the exception of federal taxes for net profits on unrelated business income, under Internal Revenue Code Section 501(c)(3).Regarding uncertain tax positions, the Theatre will recognize in its financial statements the benefit of a tax position when it believes that tax position will more likely than not be sustained on audit based on the technical merits of the position. For an exempt organization, uncertain tax positions could result from unrelated business income activities or actions that jeopardize its status as tax-exempt, such as political activity, substantial lobbying expenditures or excessive unrelated business activities. The Theatre has concluded that it had no unrecognized income tax benefits at June 30, 2014, or June 30, 2013, and it has no tax positions for which it estimates a significant change over the next 12 months.The Theatre is subject to examination by state and federal tax authorities. With few exceptions, the Theatre is no longer subject to examination by major taxing authorities for years before 2010. Part XII, Line 2d: Other expenses and losses per audited F/S ADVERTISING EXPENSES $31362 OTHER EXPENSES $7523 $488 Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE PRIOR TO BEING FILED. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts PERIODIC REVIEWS BY THE BOARD; AUTHORITY TO APPOINT A DISINTERESTED PERSON TO INVESTIGATE, REQUIREMENT FOR PERIODIC REVIEWS Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Salary comparability data is provided by a local employment placing agency, which is then averaged with regional and state data obtained through an internet resource. In addition, the Foundation independently surveys other non-profit performing arts theatres throughout the state of Oregon and investigates salaries paid to theatre managers and Executive Directors at performing arts theatres nationwide. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE THEATRE'S ADMINISTRATIVE OFFICES LOCATED AT 777 WALL ST., SUITE 200, BEND, OR 97701