THEATRE CHARLOTTE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THEATRE CHARLOTTE INC (EIN 56-0591306)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-04-26
- IRS object ID
- 201311169349300821
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-26T14:48:21-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561434747 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREERWALKER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 227 WEST TRADE ST SUITE 1100 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560591306 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LITTLE THEATRE OF CHARLOTTE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LITT | NameControl |
| Phone | 7043763777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 QUEENS ROAD | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28207 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RON LAW | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 7043763777 | Phone |
| Date Signed | 2013-04-17 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAULA P TILLEY | Name |
| PTIN | P00051456 | PTIN |
| Phone | 7043770239 | Phone |
| Date Prepared | 2013-04-17 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THEATRE CHARLOTTE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RON LAW | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 QUEENS ROAD | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28207 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 507134 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.THEATRECHARLOTTE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1929 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | TO PRODUCE VOLUNTEER-BASED THEATRICAL EVENTS IN THE CHARLOTTE, NC REGION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4 | TotalNbrEmployees |
| Total Nbr Volunteers | 900 | TotalNbrVolunteers |
| Total Gross UBI | 125 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 219035 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 221652 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 308450 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 270173 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 254 | InvestmentIncomePriorYear |
| Investment Income Current Year | -19 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1866 | OtherRevenuePriorYear |
| Other Revenue Current Year | -384 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 529605 | TotalRevenuePriorYear |
| Total Revenue Current Year | 491422 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 195003 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 226869 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 76664 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 274674 | OtherExpensePriorYear |
| Other Expenses Current Year | 290737 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 469677 | TotalExpensesPriorYear |
| Total Expenses Current Year | 517606 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 59928 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -26184 | RevenuesLessExpensesCY |
| Total Assets BOY | 407172 | TotalAssetsBOY |
| Total Assets EOY | 390294 | TotalAssetsEOY |
| Total Liabilities BOY | 340867 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 350248 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 66305 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 40046 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THEATRE CHARLOTTE IS A VOLUNTEER-BASED COMMUNITY THEATRE DEDICATED TO CREATING OUTSTANDING THEATRE OPPORTUNITIES RELEVANT TO THE PEOPLE OF THE CHARLOTTE REGION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 336491 | Expense |
| Revenue | 271296 | Revenue |
| Description | THEATRE CHARLOTTE'S FY12 PROGRAMMING SERVED 15,236 PARTICIPANTS. THE MAIN STAGE SERIES CONSISTED OF 5 PRODUCTIONS: THE MUSICAL 'THE MUSIC MAN', THE COMEDY/DRAMA 'ONE FLEW OVER THE CUCKOO'S NEST', THE DRAMA 'DOUBT', THE COMEDY 'AROUND THE WORLD IN 80 DAYS', AND THE MUSICAL 'THE 25TH ANNUAL PUTNAM COUNTY SPELLING BEE.' THEATRE CHARLOTTE ALSO PRESENTED 2 SPECIAL PRODUCTIONS: THE FAMILY-ORIENTED 'A CHRISTMAS CAROL' (FOR THE 5TH CONSECUTIVE YEAR) AND THE HIT BROADWAY COMEDY 'THE ODD COUPLE (FEMALE VERSION)'. OUR PRODUCTIONS FEATURED DIVERSE CASTS, IN TERMS OF RACE, ETHNICITY AND AGE, AND 3 PRODUCTIONS WERE DIRECTED BY FEMALE DIRECTORS.THE THEATRE CHARLOTTE STUDENT THEATRE GUILD (STG), AN AREA-WIDE THEATRE CLUB FOR AGES 14 THROUGH COLLEGE, HAD 26 MEMBERS, REPRESENTING 17 AREA/REGIONAL SCHOOLS, COLLEGES AND UNIVERSITIES. THE STG HAD ITS OWN BOARD OF DIRECTORS AND PLANNED ITS OWN PROGRAMMING UNDER THE SUPERVISION OF A VOLUNTEER ADVISOR AND THE TC EXECUTIVE DIRECTOR. THE PROGRAMMING INCLUDED MONTHLY WORKSHOPS COVERING STAGE MAKEUP, STAGE COMBAT, AUDITION TECHNIQUES, DESIGN AND TECHNICAL THEATRE AND MUSICAL THEATRE. THESE WERE CONDUCTED BY AREA THEATRE PROFESSIONALS, TEACHERS AND MEMBERS OF THE TC STAFF. THE STG HAD A TWO-WEEK SUMMER INTENSIVE IN JULY THAT CULMINATED IN 3 WELL-ATTENDED PERFORMANCES OF THE BROADWAY MUSICAL, 'CABARET'. THE SUMMER INTENSIVE WAS ATTENDED BY 26 AREA HIGH SCHOOL AND COLLEGE STUDENTS. THE INTENSIVE WAS SUPERVISED AND DIRECTED BY THEATRE AND MUSICAL PROFESSIONALS FROM THE CHARLOTTE AREA, PROVIDING THE STUDENTS WITH THE OPPORTUNITY TO HAVE A TRUE SUMMER STOCK EXPERIENCE.THEATRE CHARLOTTE ALSO COLLABORATED WITH CHARLOTTE PRODUCER VITO ABATE IN PRESENTING THE MONTHLY THEMED READING AND PERFORMANCE SERIES, 'JUST DO IT.' THIS WAS PRESENTED 6 TIMES DURING THE SEASON AND GAVE REGIONAL WRITERS, COMPOSERS, FILMMAKERS AND PERFORMERS THE OPPORTUNITY TO TRY OUT NEW WORK FOR AN AUDIENCE. THEATRE CHARLOTTE ALSO SPONSORED TWO SOLD OUT MURDER MYSTERY DINNER THEATRE PRESENTATIONS: "DINNER AND A MURDER" AND "WINE, CHOCOLATE AND MURDER." DUE TO POPULARITY AND HIGH DEMAND, THE "WINE CHOCOLATE AND MURDER" EVENT HAS GROWN IN ATTENDANCE, REQUIRING RENTING A LARGER FACILITY. ADDITIONALLY, THEATRE CHARLOTTE PRESENTED 3 SPECIAL PERFORMANCES OF THE MUSICAL 'SONGS FOR A NEW WORLD', AND THE 24 HOUR THEATRE PROJECT. THE 24 HOUR THEATRE PROJECT, FEATURED SIX 10-MINUTE SCRIPTS WRITTEN, CAST, REHEARSED AND PRESENTED TO AN AUDIENCE, ALL WITHIN 24 HOURS. | Description |
| Total Program Service Expense | 336491 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 39 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 4 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NANCY WILSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7043763777 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 QUEENS ROAD | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28207 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MICHELLE L GUTT | ||||||
| PRESIDENT | 3.00 | X | X | 0 | 0 | 0 |
| DEANA KOCYLOWSKY | ||||||
| VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| SCOTT MILLER | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| KEVIN CHAPMAN | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| R BRUCE NOFSINGER JR | ||||||
| PAST PRESIDENT | 1.00 | X | 0 | 0 | 0 | |
| KOBI KENNEDY BRINSON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| AMY CARROLL | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MICHELE MELCHIOR | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KIM KEELEN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KIM MATTHEWS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DAVID MITCHELL | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| BLAIR PRIMIS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| SHARON PETERSON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CLAIRE 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 | |
| JEFFREY WOODWARD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| RON LAW | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 60000 | 0 | 6624 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 60000 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 6624 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 97945 | FederatedCampaigns |
| Fundraising Events | 14171 | FundraisingEvents |
| All Other Contributions | 109536 | AllOtherContributions |
| Noncash Contributions | 577 | NoncashContributions |
| Total Contributions | 221652 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|---|
| TICKET SALES | 711110 | 174274 | 174274 | ||
| SEASON TICKETS | 711110 | 53128 | 53128 | ||
| CONCESSIONS | 711110 | 27812 | $27,812 | ||
| FACILITY RENTALS | 711110 | 10409 | 10284 | 125 | |
| STUDENT THEATRE GUILD | 711110 | 4550 | 4550 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 270173 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 58 | TotalRevenueColumn |
| Exclusion | $58 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 44 | Securities |
| Other | 33 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -44 | Securities |
| Other | -33 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -77 | TotalRevenueColumn |
| Related Or Exempt Function Income | -77 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 14128 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 14171 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 15635 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1507 | TotalRevenueColumn |
| Exclusion | -$1,507 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MISCELLANEOUS INCOME | 711110 | 973 | $973 |
| ADVERTISING INCOME | 541800 | 150 | $150 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1123 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 491422 | TotalRevenueColumn |
| Related Or Exempt Function Income | 242159 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 125 | UnrelatedBusinessRevenue |
| Exclusion | $27,486 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68939 | Total |
| Program Services | 26616 | ProgramServices |
| Management And General | 19817 | ManagementAndGeneral |
| Fundraising | 22506 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133313 | Total |
| Program Services | 51469 | ProgramServices |
| Management And General | 38322 | ManagementAndGeneral |
| Fundraising | 43522 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10392 | Total |
| Program Services | 4012 | ProgramServices |
| Management And General | 2987 | ManagementAndGeneral |
| Fundraising | 3393 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14225 | Total |
| Program Services | 5492 | ProgramServices |
| Management And General | 4089 | ManagementAndGeneral |
| Fundraising | 4644 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8000 | Total |
| Management And General | 8000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23 | Total |
| Program Services | 23 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7200 | Total |
| Program Services | 6480 | ProgramServices |
| Management And General | 720 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32874 | Total |
| Program Services | 32874 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17325 | Total |
| Management And General | 14726 | ManagementAndGeneral |
| Fundraising | 2599 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20821 | Total |
| Program Services | 18739 | ProgramServices |
| Management And General | 2082 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3344 | Total |
| Program Services | 3344 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15858 | Total |
| Program Services | 14272 | ProgramServices |
| Management And General | 1586 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27257 | Total |
| Program Services | 24531 | ProgramServices |
| Management And General | 2726 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9449 | Total |
| Program Services | 8504 | ProgramServices |
| Management And General | 945 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PLAY PRODUCTION EXPENSE | 115635 | 115635 | |
| CONCESSIONS | 14181 | 14181 | |
| REPAIRS & MAINTENANCE | 11466 | 10319 | 1147 |
| MISCELLANEOUS | 7304 | 7304 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 517606 | Total |
| Program Services | 336491 | ProgramServices |
| Management And General | 104451 | ManagementAndGeneral |
| Fundraising | 76664 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48065 | BOY |
| EOY | 24629 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7132 | BOY |
| EOY | 7698 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16669 | BOY |
| EOY | 12933 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 843715 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 501606 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 332296 | BOY |
| EOY | 342109 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3010 | BOY |
| EOY | 2925 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 407172 | BOY |
| EOY | 390294 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10973 | BOY |
| EOY | 24632 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47660 | BOY |
| EOY | 57492 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 282234 | BOY |
| EOY | 268124 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340867 | BOY |
| EOY | 350248 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63985 | BOY |
| EOY | 37726 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2320 | BOY |
| EOY | 2320 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66305 | BOY |
| EOY | 40046 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 407172 | BOY |
| EOY | 390294 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -26184 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -75 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 248103 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 238387 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 205523 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 219035 | CurrentTaxYearMinus1Year |
| Current Tax Year | 221652 | CurrentTaxYear |
| Total | 1132700 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 248103 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 238387 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 205523 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 219035 | CurrentTaxYearMinus1Year |
| Current Tax Year | 221652 | CurrentTaxYear |
| Total | 1132700 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 25429 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1107271 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10117 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19478 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12078 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 51 | CurrentTaxYearMinus1Year |
| Current Tax Year | 58 | CurrentTaxYear |
| Total | 41782 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 1522 | CurrentTaxYearMinus1Year |
| Current Tax Year | 125 | CurrentTaxYear |
| Total | 1647 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 36826 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1679 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7838 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4960 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1123 | CurrentTaxYear |
| Total | 52426 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1228555 | TotalSupport |
| Gross Receipts From Admissions Etc | 1144428 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.90130 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.86660 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3010 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -62 | InvestmentEarningsOrLosses |
| Administrative Expenses | 23 | AdministrativeExpenses |
| End Of Year Balance | 2925 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2503 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 529 | InvestmentEarningsOrLosses |
| Administrative Expenses | 22 | AdministrativeExpenses |
| End Of Year Balance | 3010 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2241 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 262 | InvestmentEarningsOrLosses |
| End Of Year Balance | 2503 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2602 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -351 | InvestmentEarningsOrLosses |
| End Of Year Balance | 2241 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1500 | OtherCostOrOtherBasis |
| Book Value | 1500 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 720973 | OtherCostOrOtherBasis |
| Depreciation | 393765 | Depreciation |
| Book Value | 327208 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 121242 | OtherCostOrOtherBasis |
| Depreciation | 107841 | Depreciation |
| Book Value | 13401 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 342109 | TotalOfBookValueLandBuildings |
| Total Revenue | 491422 | TotalRevenue |
| Total Expenses | 517606 | TotalExpenses |
| Excess Or Deficit For Year | -26184 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -75 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -75 | TotalAdjustments |
| Excess Or Deficit Per FS | -26259 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 513477 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -75 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 22120 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 33 | OtherRevenues |
| Revenue Not Rptd F990 | 22078 | RevenueNotRptdF990 |
| Revenue Subtotal | 491399 | RevenueSubtotal |
| Investment Expenses Not Included | 23 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 23 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 491422 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 539736 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 22120 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 33 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 22153 | ExpensesNotRptdF990 |
| Expenses Subtotal | 517583 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 23 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 23 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 517606 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | 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, 2012, THE TAX YEARS ENDED JUNE 30, 2009 THROUGH 2012 WERE OPEN FOR POTENTIAL EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2012 AND 2011. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF ASSET RECORDED AS EXPENSE ON AUDIT 33. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF ASSET RECORDED AS EXPENSE ON AUDIT 33. | |
| 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. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DINER MURDER MYSTERY | NameOfEvent1 |
| Gross Receipts Event1 | 10240 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 5587 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 4653 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 1075 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 3208 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 370 | OtherDirectExpensesEvent1 |
| Name Of Event2 | VALENTINE MURDER MYSTERY | NameOfEvent2 |
| Gross Receipts Event2 | 18059 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 8584 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 9475 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 3486 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 5881 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 1615 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 28299 | GrossReceiptsTotal |
| Charitable Contributions Total | 14171 | CharitableContributionsTotal |
| Gross Revenue Total Events | 14128 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 4561 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 9089 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 1985 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 15635 | DirectExpenseSummaryEvents |
| Net Income Summary | -1507 | NetIncomeSummary |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | IN ACCORDANCE WITH THE BY LAWS: IF A SITUATION ARISES REQUIRING IMMEDIATE ACTION, AND IT IS BETWEEN MEETINGS OF THE BOARD OR IT IS NOT PRACTICAL OR FEASIBLE FOR THE BOARD TO MEET, THEN THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE THEATRE, SUBJECT TO SUCH LIMITATIONS AS MAY BE REQUIRED BY LAW OR IMPOSED BY RESOLUTION OF THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION MADE THE FOLLOWING CHANGES TO ITS BY LAWS DURING THE YEAR: 1) LANGUAGE REGARDING AUTHORITY OF THE EXECUTIVE COMMITTEE WAS UPDATED DURING THE YEAR. REFER TO THE ANSWER FOR PART VI, LINE 1 FOR THE REVISED LANGUAGE. 2) PREVIOUSLY, THE BY LAWS CONTAINED THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. DURING THE FISCAL YEAR, THE ORGANIZATION REMOVED THE POLICY FROM THE BY LAWS AND CREATED A SEPARATE POLICY. THE REVISED BY LAWS NOW STATE: 'AT ALL TIMES, THEATRE CHARLOTTE SHALL HAVE IN PLACE A CONFLICT OF INTEREST POLICY THAT APPLIES TO MEMBERS OF THE BOARD OF DIRECTORS AND THE MANAGEMENT EMPLOYEES OF THEATRE CHARLOTTE. IN ORDER TO AVOID CONFLICTS OF INTEREST OR APPEARANCES OF IMPROPRIETY, ALL BOARD MEMBERS AND EMPLOYEES SHALL BE INFORMED OF THIS POLICY AND COMPLIANCE WITH THIS POLICY SHALL BE REQUIRED OF ALL SUCH PERSONS.' | |
| 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. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -75. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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