﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-03-22T05:44:07-06:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>271183474</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>SweetBooks LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>27696 Highway 145</AddressLine1>
        <City>Dolores</City>
        <State>CO</State>
        <ZIPCode>81323</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>841153491</EIN>
      <Name>
        <BusinessNameLine1>Telluride Repertory Theatre Company</BusinessNameLine1>
      </Name>
      <NameControl>TELL</NameControl>
      <USAddress>
        <AddressLine1>PO Box 2469</AddressLine1>
        <City>Telluride</City>
        <State>CO</State>
        <ZIPCode>81435</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Dylan Brooks</Name>
      <Title>President</Title>
      <DateSigned>2013-02-15</DateSigned>
      <AuthorizeThirdParty>false</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Erin Sweet Neer CPA</Name>
      <PTIN>P01218580</PTIN>
      <Phone>9707291619</Phone>
      <DatePrepared>2013-03-22</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990EZ documentId="IRS990EZ">
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <Organization501c3 referenceDocumentId="990A">X</Organization501c3>
      <GrossReceipts>143762</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>63506</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>35844</ProgramServiceRevenue>
      <MembershipDues>26153</MembershipDues>
      <FundraisingGrossIncome>18259</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>4092</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>14167</SpecialEventsNetIncomeLoss>
      <TotalRevenue>139670</TotalRevenue>
      <SalariesOtherCompEmplBenefits>36601</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>60002</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>4567</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>4473</PrintingPublicationsPostage>
      <OtherExpensesTotal>35510</OtherExpensesTotal>
      <TotalExpenses>141153</TotalExpenses>
      <ExcessOrDeficitForYear>-1483</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>21365</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>-2870</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>17012</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>37988</BOY>
        <EOY>17012</EOY>
      </CashSavingsAndInvestments>
      <LandAndBuildings>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </LandAndBuildings>
      <OtherAssetsTotal>
        <BOY>2927</BOY>
        <EOY>0</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>40915</BOY>
        <EOY>17012</EOY>
      </TotalAssets>
      <SumOfTotalLiabilities>
        <BOY>19550</BOY>
        <EOY>0</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>21365</BOY>
        <EOY>17012</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>Education and participatory opps in arts</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Staging of performances within school system providing educational and training opportunities in theater performing in a number of elementary school systems throughout SW Colorad</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>12975</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Staging of various performances and productions of the community promoting appreciation and education in theater Two major productions of plays and several small productions</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>54895</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>67870</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Dylan Brooks</PersonName>
        <Title>President</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Jim Lindheim</PersonName>
        <Title>Vice President</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Bobbie Schaffer</PersonName>
        <Title>Secretary</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Todd Brown</PersonName>
        <Title>Treasurer</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Janet Kask</PersonName>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Sasha Sullivan</PersonName>
        <Title>Artistic Director</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Buff Hooper</PersonName>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Linda Levin</PersonName>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Beth Kelly</PersonName>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Pete Wagner</PersonName>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Brian Werner</PersonName>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>The Organization</NamePerson>
        <AddressUS>
          <AddressLine1>PO Box 2469</AddressLine1>
          <City>Telluride</City>
          <State>CO</State>
          <ZIPCode>81435</ZIPCode>
        </AddressUS>
        <TelephoneNumber>9707291619</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="990A">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>94396</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>73426</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>69475</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>38592</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>103826</CurrentTaxYear>
        <Total>379715</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>3794</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>26038</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>17103</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>14888</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>35844</CurrentTaxYear>
        <Total>97667</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>98190</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>99464</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>86578</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>53480</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>139670</CurrentTaxYear>
        <Total>477382</Total>
      </Total509>
      <PublicSupportTotal509>477382</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>55</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>19</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>49</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>6</CurrentTaxYearMinus1Year>
        <Total>129</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>55</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>19</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>49</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>6</CurrentTaxYearMinus1Year>
        <Total>129</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <CurrentTaxYearMinus4Years>98245</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>99483</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>86627</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>53486</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>139670</CurrentTaxYear>
        <Total>477511</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.99970</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.99960</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00030</InvestmentIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleG documentId="990G">
      <MailSolicitations>X</MailSolicitations>
      <EmailSolicitations>X</EmailSolicitations>
      <PhoneSolicitations>X</PhoneSolicitations>
      <InPersonSolicitations>X</InPersonSolicitations>
      <SolicitationOfNonGovtGrants>X</SolicitationOfNonGovtGrants>
      <SolicitationOfGovtGrants>X</SolicitationOfGovtGrants>
      <SpecialFundraisingEvents>X</SpecialFundraisingEvents>
      <AgreementRefFundraising>false</AgreementRefFundraising>
      <EventsInformation>
        <NameOfEvent1>Burlesque</NameOfEvent1>
        <GrossReceiptsEvent1>18259</GrossReceiptsEvent1>
        <GrossRevenueEvent1>18259</GrossRevenueEvent1>
        <OtherDirectExpensesEvent1>4092</OtherDirectExpensesEvent1>
        <GrossReceiptsTotal>18259</GrossReceiptsTotal>
        <GrossRevenueTotalEvents>18259</GrossRevenueTotalEvents>
        <OtherDirectExpensesTotalEvents>4092</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>4092</DirectExpenseSummaryEvents>
        <NetIncomeSummary>14167</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="990O">
      <GeneralExplanation>
        <Identifier>O01</Identifier>
        <ReturnReference>Description of other expenses Part I line 16</ReturnReference>
        <Explanation>Description Amount Artistic development 2,020 Indirect fundraising costs 963 Website design &amp; maintenance 5,030 Production expenses 22,661 Insurance 2,108 Office supplies 837 Online services 972 Travel 384 Other expenses 535</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O02</Identifier>
        <ReturnReference>Other changes in net assets or fund balances Part I line 20</ReturnReference>
        <Explanation>Description Amount Merger with Squidshow (2,870)</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O03</Identifier>
        <ReturnReference>Description of other assets Part II line 24</ReturnReference>
        <Explanation>Category Beginning of Year End of Year Accounts Receivable 2,927 0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O04</Identifier>
        <ReturnReference>Description of total liabilities Part II line 26</ReturnReference>
        <Explanation>Category Beginning of Year End of Year Accounts Payabme 19,550 0</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>