2012-05-15T13:53:19-05:00 2011-06-30 KEITERSTEPHENSHURSTGARY & SHREAVESPC 210 RIDGE MCINTIRE ROAD SUITE 500 CHARLOTTESVILLE VA 22903 990 2010-07-01 201562018 THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC PARA 4349791922 215 E MAIN STREET CHARLOTTESVILLE VA 22902 JAY FERGUSON 4349791922 2012-05-15 1 ROBERT L TOBEY 4342202800 2010 2016-02-24 21:20:13Z DEB MCMAHON 215 E MAIN STREET CHARLOTTESVILLE VA 22902 1937703 0 X WWW.THEPARAMOUNT.NET X 2004 VA TO OPERATE THE PARAMOUNT THEATER FOR THE ARTISTIC, EDUCATIONAL AND CHARITABLE BENEFIT OF ITS COMMUNITY. 20 20 47 163 35574 0 762668 380721 1533525 1125398 538 847 -323896 210732 1972835 1717698 0 9593 0 0 656890 619640 0 0 82980 1946436 1541423 2603326 2170656 -630491 -452958 476992 250957 1067369 733426 -590377 -482469 X THE MISSION OF THE PARAMOUNT THEATER OF CHARLOTTESVILLE, INC. IS TO OPERATE THE RESTORED HISTORIC PARAMOUNT THEATER, LOCATED IN DOWNTOWN CHARLOTTESVILLE, VA FOR THE ARTISTIC, EDUCATIONAL AND CHARITABLE BENEFIT OF ITS COMMUNITY, INCLUDING THE ENTIRE CENTRAL VIRGINIA REGION. 0 0 1807979 1166591 THE PARAMOUNT THEATER PROVIDED A VARIETY OF PROGRAMMING IN VARIOUS GENRES INCLUDING LIVE MUSIC, DANCE, THEATER, LECTURE SERIES AND SPOKEN WORD AND FILM FOR A TOTAL OF 247 PERFORMANCES. PARAMOUNT ARTSREACH EDUCATIONAL PROGRAMMING, ITS GOAL TO FOSTER APPRECIATION, UNDERSTANDING AND LOVE OF THE PERFORMING ARTS TOTALED 20 EDUCATIONAL PROGRAMS WITH 11,196 STUDENTS TOTAL IN ATTENDANCE WITH AN ADDITIONAL 85 STUDENTS WAIT LISTED FROM AREA SCHOOL SYSTEMS. ADDITIONALLY, A FULL SEASON LAUNCH IN 2009 & 2010 OF THE METROPOLITAN OPERA LIVE IN HD BROADCAST AND LIVE BROADCAST EVENTS OF COMMUNITY SIGNIFICANCE. NEW PROJECTION EQUIPMENT HAS ENABLED PARTNERSHIPS WITH THE VIRGINIA FILM SOCIETY AND MANY OTHER ORGANIZATIONS IN 2010 AND 2011. 1807979 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 13 0 47 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 20 20 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X ANGELA KENNEDY 4349791922 215 EAST MAIN STREET CHARLOTTESVILLE VA 22902 X ANNE FIFE 0.00 X 0 0 0 BARBARA B SEIG 5.00 X 0 0 0 CHRIS HOLDEN 10.00 X 0 0 0 ELSIE W THOMPSON 10.00 X 0 0 0 FREDERIC W SCOTT JR X 0 0 0 GARY TAYLOR 2.00 X 0 0 0 JANICE ARON 2.00 X 0 0 0 LESLIE GILLIAM 10.00 X 0 0 0 MARK GILES 10.00 X 0 0 0 MICHAEL GAFFNEY 7.00 X 0 0 0 MICHAEL R BENZIAN 7.00 X 0 0 0 MICHELLE D CONNER 2.00 X 0 0 0 PENNY BOSWORTH 7.00 X 0 0 0 SHELIA DAVIS 0.00 X 0 0 0 TY COOPER 2.00 X 0 0 0 ALISON S DICKIE 10.00 X 0 0 0 CHARLES FOSTER JR 5.00 X 0 0 0 DEB MCMAHON 2.00 X 0 0 0 J ALDEN ENGLISH 5.00 X 0 0 0 MARY P REESE 4.00 X 0 0 0 COLLEEN MARTIN 10.00 X 0 0 0 JAY G FERGUSON 10.00 X 0 0 0 NANCY GUZMAN X 0 0 0 ROBERT L BROOKS 2.00 X 0 0 0 0 0 0 0 0 0 0 0 12849 367872 380721 TICKET SALES 711300 429529 429529 PROGRAM REVENUE 711300 390431 390431 SPONSORSHIP INCOME 711300 176300 176300 SERVICE REVENUE 711300 101678 101678 EDUCATION 711300 24276 24276 3184 3184 1125398 847 847 192765 59296 133469 133469 133469 135463 12849 135463 0 66180 25246 40934 40934 ADVERTISING 541800 35574 35574 MISCELLANEOUS 711300 755 755 36329 1717698 1167087 35574 134316 9593 9593 512018 409614 76803 25601 65909 52728 9886 3295 41713 33370 6257 2086 40000 24000 16000 9234 9234 94573 72037 16902 5634 4799 3839 720 240 7465 5972 1120 373 267233 213786 40085 13362 9820 7856 1473 491 3792 3033 569 190 782 782 37626 30101 5644 1881 40375 32300 6056 2019 DIRECT ADVERTISING EXPE 18109 18109 0 0 ARTIST EXPENSE 483100 483100 0 0 UTILITIES 133508 106807 20026 6675 LICENSE AND FEES 121422 97138 18213 6071 REAL ESTATE TAXES 62300 49840 9345 3115 207285 154756 40582 11947 2170656 1807979 279697 82980 91056 70962 567 29399 261320 0 27379 100018 0 0 0 0 8182 0 3698 1288 244992 195702 84790 49290 476992 250957 241564 107270 114205 169806 711600 456350 1067369 733426 X -508669 -590377 26200 -590377 -482469 476992 250957 X -452958 560865 X 0 0 0 X 781209 639832 562384 762668 380721 3126814 3136687 2374418 1349536 1574276 1191578 9626495 3917896 3014250 1911920 2336944 1572299 12753309 61100 230960 349500 575650 1217210 0 61100 230960 349500 575650 1217210 11536099 205517 188929 144265 163984 193612 896307 205517 188929 144265 163984 193612 896307 106338 111701 60159 33435 35574 347207 2482 152 755 3389 4229751 3314880 2118826 2534515 1802240 14000212 0.82400 0.84450 0.06400 0.05120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 244992 195702 49290 49290 NOTE PAYABLE 75000 LONG-TERM NOTE PAYABLE - FND 381350 456350 1717698 2170656 -452958 560865 560865 107907 SCHEDULE D, PART XI, LINE 8: INCLUDES ADJUSTMENT FOR DISPOSAL OF LEASE OBLIGATION IN THE AMOUNT OF $496,513, ADJUSTMENT FOR RECLASSIFICATION OF EQUITY IN THE AMOUNT OF $38,152, AND AN ADJUSTMENT FOR CONTRIBUTION OF TEMPORARILY RESTRICTED FUNDS IN THE AMOUNT OF $26,200, FOR A TOTAL ADJUSTMENT OF $560,865. X X X X X X X VA SPECIAL EVENT 148312 148312 2884 10297 101000 21282 148312 148312 2884 10297 101000 21282 135463 12849 1 PARAMOUNT THEATER FOUNDATION INC PO BOX 2253 CHARLOTTESVILLE VA 22902 541554483 9593 ORGANIZATION HELD FUNDRAISER TO BENEFIT PARAMOUNT THEATER FOUNDATION. 1 PEPSI COLA BOTTLING COMPANY OWNER IS A BOARD OF DIRECTOR 4755 CONCESSION INVENTORY 0 GREEN SOUND OWNER IS AN EMPLOYEE 34208 AUDIO EQUIPMENT RENTAL 0 J ALDEN ENGLISH ATTORNEY IS THE LEGAL COUNCIL ON THE BOARD OF DIRECTORS 0 LEGAL WORK 0 FORM 990, PART VI, SECTION A, LINE 2 DUE TO THE SIZE AND FOCUS OF THE BUSINESS COMMUNITY IN CHARLOTTESVILLE, BOARD MEMBERS HAVE INDIRECT BUSINESS ASSOCIATIONS ON OCCASION. FORM 990, PART VI, SECTION A, LINE 3 THE PARAMOUNT THEATER OF CHARLOTTESVILLE, THE CHARITABLE ORGANIZATION THAT OPERATES THE HISTORIC 1040 SEAT PARAMOUNT THEATER SIGNED A CONSULTING- FACILITY MANAGEMENT AGREEMENT WITH SMG TO MANAGE THE DAY TO DAY FUNCTIONS OF THE THEATER INCLUDING BUT NOT LIMITED TO THE FOLLOWING PROGRAMS: VENUE MANAGEMENT, HR, EVENT BOOKING, PROGRAMMING, MARKETING AND FACILITIES-OPERATIONS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND DIRECTORS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 SALARIES FOR ALL STAFF ARE DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE PARAMOUNT MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DISPOSAL OF LEASE OBLIGATION 496,513. RECLASSIFICATION EQUITY 38,152. CONTRIBUTION TEMPORARILY RESTRICTED NET ASSETS 26,200. TOTAL TO FORM 990, PART XI, LINE 5: 560,865.