2013-11-04T11:42:56-06:00 2012-12-31 042993500 JON R MORSE CPA PC 38 PLEASANT STREET GLOUCESTER MA 019305943 990 2012-01-01 042485199 GLOUCESTER STAGE COMPANY INC GLOU 9782814099 267 EAST MAIN STREET GLOUCESTER MA 01930 ROBERT BOULRICE 9785467166 2013-10-30 1 JON R MORSE P00438625 9782832224 2013-10-30 2012 2016-02-25 16:41:14Z BEA WARING 3 SANDABA ROAD ROCKPORT MA 01966 647932 0 X WWW.GLOUCESTERSTAGE.COM X 1973 MA TO CONDUCT CULTURAL, CHARITABLE AND EDUCATIONAL ACTIVITIES 10 10 58 0 0 0 530206 332327 224855 222422 902 317 47560 39660 803523 594726 0 0 0 0 349271 366455 0 0 51325 300742 257864 650013 624319 153510 -29593 1428494 1323946 525587 445632 902907 878314 THE COMPANY'S STATED PURPOSE IS TO CONDUCT CULTURAL, CHARITABLE AND EDUCATIONAL ACTIVITIES. 0 0 484849 208300 TO OFFER THEATRICAL PROGRAMS AND PRODUCE PERFORMANCES AT AN AFFORDABLE PRICE. 2289 16471 TO OFFER THEATRICAL PROGRAMS FOR YOUNG CHILDREN, HIGHSCHOOL AND COLLEGE STUDENTS. 487138 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 58 1 0 0 0 0 0 1 1 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1 0 MA X THE CORPORATION 9782814099 267 EAST MAIN STREET GLOUCESTER MA 01930 X RICHARD P MILLS 1.00 X 0 0 0 MJ BOYLAN 1.00 X 0 0 0 CURTIS SIEBERT 1.00 X 0 0 0 MARYLOU CRANE 1.00 X 0 0 0 SALLY JACKSON 1.00 X 0 0 0 BEA WARING 4.00 X 0 0 0 ROBERT BOULRICE 4.00 X 0 0 0 GEOFFREY RICHON 1.00 X 0 0 0 ELIZABETH FRERE JONES 1.00 X 0 0 0 ELIZABETH NEUMEIER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 19554 312773 22102 332327 ADMISSIONS 711110 205951 205951 ACTING WORKSHOPS 711110 16471 16471 222422 114 114 18482 5033 13449 13449 13449 5107 4904 203 203 203 23026 19554 31769 -8743 -8743 30000 11500 18500 18500 PROGRAM AD SALES 711110 14219 14219 TICKET HANDLING FEES 711110 3384 3384 MISCELLANEOUS 711110 494 494 -1643 -1643 16454 594726 224771 0 37628 292301 229422 27500 35379 31928 28791 1327 1810 42226 33084 3918 5224 23300 23300 42747 42747 33943 33943 15660 13469 2191 585 585 16311 16311 43276 43276 789 789 19389 19389 11993 4127 7214 652 PRODUCTION EXPENSES AND 31284 31284 ONLINE TICKET/CREDIT CA 8339 8339 FUNDRAISING EXPENSES 6069 6069 EDUCATION PROGRAM EXPEN 2289 2289 1890 1890 624319 487138 85856 51325 30337 72076 23150 3427 388000 294200 8025 1150 1161959 220150 963173 941809 5034 4847 10775 6437 1428494 1323946 9565 20619 5450 5335 495000 408000 15572 11678 525587 445632 X 502517 577909 400390 300405 902907 878314 1428494 1323946 -29593 5000 0 X X 0 1 X 1 0 X 235169 253136 230535 280205 332327 1331372 235169 253136 230535 280205 332327 1331372 443969 887403 20907 20073 17105 20905 18596 97586 14219 14219 7180 1965 4646 1832 15623 1458800 1372776 0.60830 0.59560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 375000 375000 716320 185357 530963 58418 32468 25950 12221 2325 9896 941809 PAYROLL TAXES PAYABLE 11678 11678 X 663565 68839 68839 594726 0 594726 688158 63839 63839 624319 0 624319 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: INCOME TAX STATUS THE COMPANY QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE COMPANY IS NOT A PRIVATE FOUNDATION. IN 2009, THE COMPANY ADOPTED TOPIC 740 OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC) RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS REQUIRED BY THIS TOPIC, MANAGEMENT OF THE COMPANY HAS EVALUATED ITS TAX POSITIONS, APPLYING A "MORE LIKELY THAN NOT" STANDARD, AND BELIEVES THAT THERE WOULD BE NO MATERIAL CHANGES TO THE RESULTS OF ITS OPERATIONS OR FINANCIAL POSITION AS A RESULT OF AN AUDIT BY APPLICABLE TAXING AUTHORITIES, FEDERAL OR STATE. THE COMPANY HAS FILED ALL OF ITS KNOWN REQUIRED RETURNS IN A TIMELY MANNER INCLUDING PERMITTED EXTENSIONS. ACCORDINGLY, MANAGEMENT BELIEVES THAT TAX YEARS 2009, 2010, 2011 AND 2012 REMAIN OPEN YEARS AND SUBJECT TO REVIEW. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES, NETTED PAGE 9 , FORM 990 DIRECT FUNDRAISING EXPENSES, NETTED PAGE 9, FORM 990 DIRECT GAMING EXPENSES, NETTED PAGE 9, FORM 990 TICKET HANDLING FEE COSTS, NETTED PAGE 9, FORM 990 CONCESSION COSTS, NETTED PAGE 10, FORM 990 VALUE OF DONATED ADVERTISING ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSION EXPENSES, NETTED RENTAL EXPENSES, PAGE 1 990, FORM 990 DIRECT GAMING EXPENSES, PAGE 1. FORM 990 TICKET HANDLING FEE COSTS, NETTED PAGE 9, FORM 990 DIRECT FUNDRAISING EXPENSES, NETTED PAGE 9, FORM 990 ROUNDING PART XII AND XIII RECONCILIATION OF INCOME AND EXPENSES PER AUDITED FINANCIAL STATEMENTS TO THE TAX RETURN. THE FOLLOWING IS A SUMMARY OF RECONCILING ITEMS: PART XII PART XIII NETTED RENTAL EXPENSES $5,033 $5,033 NETTED FUNDRAISING EXPENSES $32,515 $32,515 NETTED GAMING EXPENSES $11,500 $11,500 NETTED TICKET HANDLING COSTS $8,201 $8,201 NETTED CONCESSION GOODS $6,588 $6,588 VALUE OF DONATED ADVERTISING $5,000 -0- ROUNDING $ 2 $ 2 TOTAL $68,839 $63,839 SPRING GALA 23680 9800 13880 9119 600 8980 HOLIDAY BENEFIT DINNER PARTY 12655 5917 6738 6577 3780 1 6245 3837 2408 2223 490 42580 19554 23026 17919 600 13250 31769 -8743 30000 10000 1500 1 1.00000 30000 10000 1500 11500 18500 MA 1 0 1 0 1.00000 ANDREW BURGREEN AND BARABARA HARGRO 267 EAST MAIN STREET GLOUCESTER MA 01930 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S TREASURER REVIEWS THE FORM 990 BEFORE FILING AND PROVIDES A COPY TO BOARD MEMBERS UPON REQUEST FORM 990, PART VI, SECTION B, LINE 15 POSITIONS AND SALARIES FOR TOP MANAGEMENT, OFFICERS AND KEY EMPLOYEES ARE REVIEWED AND APPROVED BY ALL VOTING MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. REVIEW OF TAX RETURNS & FINANCIALS PART XII LINE 2C TAX RETURNS & FINANCIALS ARE REVIEWED AND ACCEPTED BY THE TREASURER; PRESENTED TO THE EXECUTIVE COMMITTEE AND THE BOARD FOR DISCUSSION. COPIES ARE AVAILABLE UPON REQUEST.