2012-04-04T08:11:46-05:00 2011-06-30 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2010-07-01 223230841 SPEAKEASY STAGE COMPANY INC SPEA 6174823279 539 TREMONT STREET BOSTON MA 02116 PAUL DAIGNEAULT 6174823279 2012-03-20 1 DAVID A DIIULIS 6174711120 2012-03-20 2010 2016-02-24 21:20:13Z PAUL DAIGNEAULT 539 TREMONT STREET BOSTON MA 02116 1438035 0 X WWW.SPEAKEASYSTAGE.COM X 1992 MA TO CONNECT, INSPIRE, AND CHALLENGE OUR AUDIENCES WITH THE MOST SOCIALLY RELEVANT THEATRICAL PREMIERES FEATURING THE MOST TALENTED ARTISTS IN BOSTON. 12 10 46 20 0 0 275440 281049 817990 974194 89 1551 92275 88860 1185794 1345654 0 0 0 0 379029 488943 0 0 79545 649833 855059 1028862 1344002 156932 1652 151094 206909 137118 191281 13976 15628 TO CONNECT, INSPIRE, AND CHALLENGE OUR AUDIENCES WITH THE MOST SOCIALLY RELEVANT THEATRICAL PREMIERES FEATURING THE MOST TALENTED ARTISTS IN BOSTON. 0 0 960951 974194 THE FOCUS IS ON PRODUCING QUALITY THEATRE PERFORMANCES WHILE FOSTERING TEAMWORK AND EFFICIENCY TO ACHIEVE EXCELLENCE. THIS IS BASED ON THE BELIEF THAT LIVE THEATER MUST BE AN INTIMATE AND ENTERTAINING EXPERIENCE AND THEREFORE GO ABOVE AND BEYOND FOR OUR AUDIENCE TO CREATE AN ENVIRONMENT THAT IS PROFESSIONAL, COMFORTABLE, AND FUN. 960951 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 40 0 1 46 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MA X X LESLIE J HOLMQUIST 6174823279 539 TREMONT STREET BOSTON MA 02116 ALEX BAKER 1.00 X X 0 0 0 JEFF BEHRENS 1.00 X 0 0 0 KERRY DOWLING 1.00 X 4254 0 0 MARK HADDAD 1.00 X 0 0 0 PAUL KASTNER 1.00 X X 0 0 0 MELISSA LANGA 1.00 X 0 0 0 BARNEY WEINSTEIN 1.00 X 0 0 0 ROSS OZER 1.00 X 0 0 0 NANCY ROBERTS 1.00 X 0 0 0 MIGUEL RODRIGUEZ 1.00 X 0 0 0 DAWN SAGLIO 1.00 X X 0 0 0 PAUL DAIGNEAULT 40.00 X 60075 0 0 64329 0 0 0 0 0 0 0 72915 208134 281049 THEATRE PRODUCTION 711110 974194 974194 974194 169 169 50189 48807 1382 1382 1382 131103 72915 43574 87529 87529 OTHER 711110 1331 1331 1331 1345654 974194 0 90411 64329 64329 307321 193258 62032 52031 77948 40533 26502 10913 39345 20459 13378 5508 13750 13750 142951 142951 104879 54114 50765 6488 6488 83528 83528 150030 144030 6000 1984 1984 13903 7397 6506 BOX OFFICE FEES 103450 103450 SET AND PROPS 75327 75327 OTHER FEES 42824 32118 9421 1285 MATERIALS AND SUPPLIES 29508 20945 8563 COSTUMES 20076 20076 66361 22765 33788 9808 1344002 960951 303506 79545 58707 126299 3750 22225 7884 837 13170 38203 7231 7231 0 0 48807 0 18776 19345 151094 206909 7118 25 96514 130000 94742 137118 191281 X 10226 -366 3750 15994 13976 15628 151094 206909 1652 0 X X 0 1 1 X 0 X 212842 142665 280657 277940 281049 1195153 613942 966528 832879 817990 974194 4205533 826784 1109193 1113536 1095930 1255243 5400686 0 0 0 5400686 660 734 276 89 169 1928 660 734 276 89 169 1928 26123 97632 -8145 92275 88860 296745 853567 1207559 1105667 1188294 1344272 5699359 0.94760 0.95970 0.00030 0.00040 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE AMOUNTS SHOWN REPRESENT FUNDRAISING INCOME, AS WELL AS MISCELLANEOUS EXEMPT INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7231 7231 0 0 SECURITY DEPOSITS 1700 RESTRICTED CASH & EQUIVALENTS 17645 19345 1345654 1344002 1652 0 1652 1389228 43574 43574 1345654 0 1345654 1387576 43574 43574 1344002 0 1344002 PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE FORM 990, PART X THE ORGANIZATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION MONITORS ITS ACTIVITIES AND IT CONSIDERS THE POTENTIAL FOR INCOME TAXES IF ANY ACTIVITIES ARE NOT RELATED TO ITS EXEMPT PURPOSE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRACTICED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" ("MLTN") SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. INTEREST AND PENALTIES, IF ANY, RELATED TO ASSESSMENTS BY TAX AUTHORITIES WILL BE CLASSIFIED AS A COMPONENT OF INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY, IN THE STATEMENT OF ACTIVITIES. A TAX POSITION MAY BE CONSIDERED AS TAKEN ANY TIME A TAXPAYER CHOOSES AMONGST ALTERNATIVES THAT AFFECT THE AMOUNT OF THEIR TAX OBLIGATIONS AND INCLUDE FOR EXAMPLE: TAX EXEMPT STATUS; STATUS AS A PASS-THROUGH ENTITY (S-CORPORATION); DECISIONS MADE IN THE PROCESS OF CONFORMING WITH TAX LAWS; DECISIONS NOT TO FILE IN CERTAIN JURISDICTIONS; ALLOCATION OF INCOME BETWEEN JURISDICTIONS AND THE CHARACTERIZATION OF INCOME OR EXPENSES. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. THE ORGANIZATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. SINCE THE CONTINUANCE OF THIS STATUS IS BASED UPON CONTINUING QUALIFICATION, THE ORGANIZATION HAS IDENTIFIED THIS AS A TAX POSITION. HOWEVER, IT HAS DETERMINED THAT THIS TAX POSITION MEETS MLTN SUSTAINABILITY AND DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGES IN ITS POSITION REGARDING THIS MATTER IN THE NEXT TWELVE MONTHS. ANNUAL SPRING GALA 179040 72915 106125 36691 FALL CONCERT 24978 24978 6883 1 204018 72915 131103 43574 43574 87529 FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER AND FINANCE COMMITTEE REVIEW THE 990 ALONG WITH KEY STAFF MEMBERS FOR ACCURACY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THIS POLICY WILL ANNUALLY DISCLOSE OR UPDATE TO THE CHAIRMAN OF THE BOARD OF DIRECTORS THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENTS HOLDINGS, AND OTHER TRANSACTION OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES COMPENSATION EACH YEAR DURING THE BUDGET APPROVAL PROCESS AND BASES COMPENSATION ON PERFORMANCE AND A REVIEW OF SALARIES AT OTHER LOCAL THEATRE COMPANIES. FORM 990, PART VI, SECTION C, LINE 19 THE COMPANY MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENT APPROVAL FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE BOARD OF DIRECTORS HAVE ASSUMED RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.