2011-04-13T17:36:37-05:00 2010-06-30 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2009-07-01 223230841 SPEAKEASY STAGE COMPANY INC SPEA 6174823279 539 Tremont Street Boston MA 02116 PAUL DAIGNEAULT 6174823279 2011-03-30 1 DAVID A DIIULIS 6174711120 2011-03-30 2009 2016-02-24 21:20:13Z PAUL DAIGNEAULT 539 Tremont Street Boston MA 02116 1215550 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 12 32 20 0 0 280657 275440 832879 817990 276 89 -8145 92275 1105667 1185794 0 0 365847 379029 0 44496 758130 649833 1123977 1028862 -18310 156932 51652 151094 191933 137118 -140281 13976 TO CONNECT, INSPIRE, AND CHALLENGE OUR AUDIENCES WITH THE MOST SOCIALLY RELEVANT THEATRICAL PREMIERES FEATURING THE MOST TALENTED ARTISTS IN BOSTON. 0 0 787769 817990 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. 787769 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 32 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12 12 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 MA X LESLIE J HOLMQUIST 6174823279 539 TREMONT STREET BOSTON MA 02116 ALEX BAKER 1.00 X 0 0 0 JEFF BEHRENS 1.00 X 0 0 0 KERRY DOWLING 1.00 X X 0 0 0 MARK GUTIERREZ 1.00 X 0 0 0 PAUL KASTNER 1.00 X X 0 0 0 MELISSA LANGA 1.00 X 0 0 0 KEITH MACDONALD 1.00 X 0 0 0 MARK MURPHY 1.00 X 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 SCHALL 1.00 X 0 0 0 PAUL DAIGNEAULT 40.00 X 54075 0 0 54075 0 0 0 0 0 0 0 69302 206138 51482 275440 PLAY PRODUCTIONS 711110 817990 817990 817990 89 89 116649 69302 29756 86893 86893 OTHER 711110 5382 5382 5382 1185794 817990 0 92364 54075 54075 233620 199394 4226 30000 63441 43970 12856 6615 27893 19332 5652 2909 13350 13350 35464 35464 7485 7485 68822 68822 141435 135435 6000 4450 4450 11307 6433 4874 OTHER CONTRACTORS 94698 94698 BOX OFFICE FEES 64685 64685 SET AND PROPS 55861 55861 MARKETING 43183 43183 OTHER FEES 33049 24633 7704 712 76044 39042 32742 4260 1028862 787769 196597 44496 615 58707 7500 3750 8184 7884 16365 13170 7231 7231 0 0 48807 18988 18776 51652 151094 51370 7118 250 140313 130000 191933 137118 X -147781 10226 7500 3750 -140281 13976 51652 151094 X 0 1 1 X 0 X 164032 212842 142665 280657 277940 1078136 722691 613942 966528 832879 817990 3954030 886723 826784 1109193 1113536 1095930 5032166 0 0 0 5032166 390 660 734 276 89 2149 390 660 734 276 89 2149 1520 26123 97632 -8145 92275 209405 888633 853567 1207559 1105667 1188294 5243720 0.95970 0.98860 0.00040 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 COMMON STOCKS 48807 F 48807 SECURITY DEPOSITS 1300 EQUITY BOND 17476 18776 1185794 1028862 156932 -2675 -2675 154257 1212875 -2675 29756 27081 1185794 0 1185794 1058618 29756 29756 1028862 0 1028862 Part X: Description of Uncertain Tax Positions Under FIN 48: 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 as 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 Corporations, LLC's, etc.); decisions made in the process of conforming with tax laws; decisions not to file in certain jurisdictions; allocation of income between jurisdictions and that 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 statute 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. Part XII, Line 2d - Other Adjustments: Fundraising Event Expense Part XIII, Line 2d - Other Adjustments: Fundraising Event Expense ANNUAL SPRING GALA 171627 69302 102325 26610 SORRY WRONG NUMBER EVENT 14324 14324 3146 185951 69302 116649 29756 29756 86893 X 1 51482 FAIR MARKET VALUE 0 0 0 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 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. FORM 990, PART XI, LINE 2C FINANCIAL STATEMENT APPROVAL THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE BOARD OF DIRECTORS HAVE ASSUMED RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. FORM 990, PART VI, SECTION B, #14 DOCUMENT RETENTION AND DESTRUCTION POLICY THE FOUNDATION IS IN THE PROCESS OF IMPLEMENTING A DOCUMENT RETENTION AND DESTRUCTION POLICY DURING 2011.