2012-11-12T09:09:15-06:00 2011-12-31 042993500 JON R MORSE CPA PC 38 PLEASANT STREET GLOUCESTER MA 019305943 990 2011-01-01 042485199 GLOUCESTER STAGE COMPANY INC GLOU 9782814099 267 EAST MAIN STREET GLOUCESTER MA 01930 BEA WARING 9785467166 2012-10-16 1 JON R MORSE P00438625 9782832224 2012-10-15 2011 2016-02-24 21:20:13Z BEA WARING 3 SANDABA ROAD ROCKPORT MA 01966 854257 0 X WWW.GLOUCESTERSTAGE.COM X 1973 MA TO CONDUCT CULTURAL, CHARITABLE AND EDUCATIONAL ACTIVITIES 10 10 53 0 0 0 761335 530206 229979 224855 53 902 45845 47560 1037212 803523 0 0 0 0 269753 349271 0 0 42454 224707 300742 494460 650013 542752 153510 1539832 1428494 790435 525587 749397 902907 THE COMPANY'S STATED PURPOSE IS TO CONDUCT CULTURAL, CHARITABLE AND EDUCATIONAL ACTIVITIES. 0 0 515879 210932 TO OFFER THEATRICAL PROGRAMS AND PRODUCE PERFORMANCES AT AN AFFORDABLE PRICE. 433 15755 TO OFFER THEATRICAL PROGRAMS FOR YOUNG CHILDREN, HIGHSCHOOL AND COLLEGE STUDENTS. 516312 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 1 0 0 0 0 0 0 0 0 0 1 28 0 53 1 0 0 0 0 0 1 1 0 0 0 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 22574 507632 32279 530206 ADMISSIONS 711110 209100 209100 ACTING WORKSHOPS 711110 15755 15755 224855 119 119 20786 6602 14184 14184 14184 5901 5118 783 783 783 23190 22574 27514 -4324 -4324 30000 11500 18500 18500 PROGRAM AD SALES, NET 711110 17368 17368 TICKET HANDLING FEES 711110 2285 2285 CONSESSIONS 711110 -703 -703 250 250 19200 803523 226687 0 46630 281353 215026 33856 32471 24264 24264 43654 33303 5401 4950 18000 18000 98140 98140 27382 27382 15897 14381 1516 1960 1960 17004 17004 50055 50055 1544 1544 18535 18535 10685 2887 7369 429 PRODUCTION EXPENSES AND 25476 25476 ONLINT TICKET/CREDIT CA 10696 10696 FUNDRAISING EXPENSES 3088 3088 MEMBERSHIP DUES/FEES 1620 1620 660 660 650013 516312 91247 42454 50532 30337 44339 23150 480800 388000 555 8025 1161959 198786 956122 963173 5218 5034 2266 10775 1539832 1428494 10098 9565 7299 5450 757824 495000 15214 15572 790435 525587 X 251154 502517 497463 400390 780 0 749397 902907 1539832 1428494 153510 0 X 0 1 1 X 0 X 284209 235169 253136 230535 280205 1283254 284209 235169 253136 230535 280205 1283254 448305 834949 14632 20907 20073 17105 20905 93622 9249 7180 1965 4646 1832 24872 1401748 1398490 0.59560 0.61370 X SCHEDULE A, PART IV, LIST OF UNUSUAL GRANTS: GRANT FOR DEBT PAYOFF DATE: 05/17/11 AMOUNT: 250000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 375000 375000 716320 168895 547425 58418 28584 29834 12221 1307 10914 963173 PAYROLL TAXES PAYABLE 15572 15572 803523 650013 153510 153510 863885 60363 60363 803522 1 1 803523 710375 60363 60363 650012 1 1 650013 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2008, 2009, 2010 AND 2011 REMAIN OPEN YEARS AND SUBJECT TO REVIEW. 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: NETTED RENTAL EXPENSES $6,602 NETTED FUNDRAISING EXPENSES $25,911 NETTED GAMING EXPENSES $11,500 NETTED TICKET HANDLING COSTS $9,156 NETTED CONCESSION GOODS $7,194 TOTAL $60,363 SPRING GALA 21190 10755 10435 6543 5065 MOST HAPPY FELLA SUMMER SOIREE 15074 4762 10312 2586 8310 1 9500 7057 2443 5010 0 45764 22574 23190 14139 13375 27514 -4324 30000 10000 1500 1 30000 10000 1500 11500 18500 MA 1 0 0 0 0 0 X 1 4904 FMV AT DATE OF GIFT X 1 4000 FMV AT DATE OF GIFT X PERSONAL PROPERTY AND VACATIONS 25 13375 SELLING PRICE OF DONATED ITEMS X PIANO 1 10000 ESTIMATED VALUE DONOR 0 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.