2023-11-15T09:24:50-06:00 2022-12-31 420714325 RSM US LLP 6 S PATTERSON BLVD DAYTON OH 45402 990 2022-01-01 132894677 CAPITAL REPERTORY COMPANY CAPI 5183823884 432 STATE ST SCHENECTADY NY 12305 PHILIP MORRIS CEO 5183823884 2023-11-15 1 PHILIP MORRIS XXX-XX-XXXX 0 KAREN O CRIM P00368385 9372980201 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CAPITAL REPERTORY THEATRE PHILIP MORRIS 432 STATE ST SCHENECTADY NY 12305 1125629 0 X WWW.CAPITALREP.ORG X 1976 NY TO CREATE MEANINGFUL THEATRE GENERATED BY AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES. 21 21 122 300 0 0 4428077 1054393 0 0 78826 62512 122711 8724 4629614 1125629 0 0 0 0 409026 807067 0 0 59279 326124 1038945 735150 1846012 3894464 -720383 11935930 12543143 5942688 4055851 5993242 8487292 TO CREATE MEANINGFUL THEATRE WITH AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES. 0 0 1342946 0 6480 THE PURPOSE OF CAPITAL REPERTORY THEATRE ("CRT") IS TO DEVELOP AND PROVIDE FOR THE RESTORATION OF AN HISTORIC VENUE FOR PRODUCING LIVE THEATRE, CULTURAL, EDUCATIONAL, AND COMMUNITY EVENTS, TO PROMOTE AND ENHANCE THE ECONOMIC VITALITY OF THE GREATER CAPITAL REGION, AND TO SERVE CITIZENS OF THAT AREA. 1342946 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 44 0 1 122 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTOPHER MUSTO 5183823884 432 STATE ST SCHENECTADY NY 12305 HAROLD ISELIN PRESIDENT 1.00 0.00 X X 0 0 0 MARTHA D BROWN SECRETARY 1.00 0.00 X X 0 0 0 PEGGY BECKER TREASURER 1.00 0.00 X X 0 0 0 ALBERT DESALVO TRUSTEE 1.00 0.00 X 0 0 0 BENNETT LIEBMAN TRUSTEE 1.00 0.00 X 0 0 0 CAROLYN ANDERSON TRUSTEE 1.00 0.00 X 0 0 0 DEBBIE RATNER TRUSTEE 1.00 0.00 X 0 0 0 DONNA J PURNOMO TRUSTEE 1.00 0.00 X 0 0 0 FRANK WALSH TRUSTEE 1.00 1.00 X 0 0 0 HOWARD READ TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER DORSEY TRUSTEE 1.00 0.00 X 0 0 0 JIM MILLER TRUSTEE 1.00 0.00 X 0 0 0 KIMBERLY SANGER JONES TRUSTEE 1.00 0.00 X 0 0 0 M SHERRY GOLD TRUSTEE 1.00 0.00 X 0 0 0 MONICE BARBERO TRUSTEE 1.00 0.00 X 0 0 0 RICHARD A CARLSTROM TRUSTEE 1.00 1.00 X 0 0 0 SCOTT SHPEEN TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN MADARASZ TRUSTEE 1.00 0.00 X 0 0 0 TAMANI WOOLEY TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM CHALMERS TRUSTEE 1.00 0.00 X 0 0 0 VALLENCIA LLOYD TRUSTEE (UNTIL 7/22) 1.00 0.00 X 0 0 0 VICKIE A SMITH TRUSTEE 1.00 0.00 X 0 0 0 PHILIP MORRIS CHIEF EXECUTIVE OFFICER 1.00 42.00 X 0 353637 1612 CHRISTOPHER MUSTO CHIEF FINANCIAL OFFICER 1.00 42.00 X 0 120495 832 0 474132 2444 0 0 1 0 TOTAL BENEFIT MANAGEMENT 333 GLEN STREET SUITE 601 GLENS FALLS NY 12801 PAYROLL PROCESSING 196101 M SULLIVAN CONSTRUCTION INC 131 TIVOLI STREET ALBANY NY 12207 CONSTRUCTION SERVICES 150741 2 59500 994893 1054393 62512 62512 6480 0 6480 6480 6480 2244 2244 2244 1125629 6480 0 64756 X 685111 454224 187144 43743 4450 2950 1216 284 65271 43275 17829 4167 52235 34631 14269 3335 987 987 9643 9643 690833 561873 128955 5 97276 96139 348 789 91563 64300 23080 4183 13781 9351 4315 115 2831 1802 872 157 64247 30965 32861 421 34430 21672 12517 241 9102 5882 3162 58 FUNDRAISING EXPENSES 12331 9106 1673 1552 REPAIRS/MAINTENANCE 7202 2743 4459 SECURITY 3015 3015 FILING FEES 887 887 817 131 457 229 1846012 1342946 443787 59279 552213 219407 724687 549226 336541 461465 3640400 3640400 132120 141869 1435559 305023 274798 1130536 6864 6864 3957870 4106752 2310437 2286624 11935930 12543143 58545 472343 81242 81242 3507016 3293317 2295885 208949 5942688 4055851 X 6374553 8868603 -381311 -381311 5993242 8487292 11935930 12543143 X -720383 8013 3206420 X X 0 1 X 1 1 1 X 2377218 1762912 461087 4428077 1054393 10083687 1874553 1625093 352656 3852302 4251771 3388005 813743 4428077 1054393 13935989 193897 145945 339842 0 193897 145945 339842 13596147 6295 7818 9044 85306 68992 177455 6295 7818 9044 85306 68992 177455 614378 116231 2244 732853 4258066 3395823 1437165 4629614 1125629 14846297 0.91580 0.93320 0.01200 0.00730 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FORGIVENESS OF DEBT - 2020 AMOUNT: $ 1,378. 2021 AMOUNT: $ 265. OTHER REVENUE - 2020 AMOUNT: $ 613,000. 2021 AMOUNT: $ 7,705. 2022 AMOUNT: $ 2,244. EMPLOYEE RETENTION CREDIT - 2021 AMOUNT: $ 108,261. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126596 126596 804574 8940 795634 418794 296083 122711 85595 85595 1130536 INVESTMENT IN THEREP MANAGER, LLC 4106752 C 4106752 MORTGAGE RECEIVABLE 2000000 RIGHT OF USE ASSET 181705 INTERCOMPANY RECEIVABLE 104919 2286624 RIGHT OF USE LEASE LIABILITY 208949 208949 X PART X, LINE 2: THE FASB PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING CAPITAL REPERTORY THEATRE'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2022, MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 PHILIP MORRIS CHIEF EXECUTIVE OFFICER 0 353637 0 0 0 0 0 780 0 832 0 355249 0 0 SCHEDULE J, PART 1, LINE 3 COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS SET BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"). THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. IS THE SOLE MEMBER OF CAPITAL REPERTORY THEATRE. FORM 990, PART VI, SECTION A, LINE 7A THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. ("ACTS") IS THE SOLE MEMBER OF CAPITAL REPERTORY THEATRE ("CRT"). MEMBERS OF THE CRT BOARD ARE NOMINATED BY ACTS' GOVERNANCE COMMITTEE AND ELECTED BY THE ACTS' BOARD, RECOGNIZING CANDIDATE RECOMMENDATIONS FROM CRT'S BOARD. VACANCIES ON THE CRT BOARD MAY BE FILLED BY APPOINTMENT BY THE ACTS' BOARD FOR TERMS LASTING UNTIL THE NEXT ANNUAL MEETING. OFFICERS OF THE CRT BOARD ARE ELECTED BY THE CRT BOARD AND ARE SUBJECT TO APPROVAL BY THE ACTS' BOARD. INDIVIDUAL OFFICER'S TERMS MAY BE EXTENDED FOR A PERIOD OF ONE YEAR IF APPROVED BY TWO-THIRDS MAJORITY VOTE OF CRT'S BOARD AND APPROVED BY ACTS' BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. ("ACTS") IS THE SOLE MEMBER OF CAPITAL REPERTORY THEATRE ("CRT"). MEMBERS OF THE CRT BOARD ARE NOMINATED BY ACTS' GOVERNANCE COMMITTEE AND ELECTED BY THE ACTS' BOARD, RECOGNIZING CANDIDATE RECOMMENDATIONS FROM CRT'S BOARD. VACANCIES ON THE CRT BOARD MAY BE FILLED BY APPOINTMENT BY THE ACTS' BOARD FOR TERMS LASTING UNTIL THE NEXT ANNUAL MEETING. OFFICERS OF THE CRT BOARD ARE ELECTED BY THE CRT BOARD AND ARE SUBJECT TO APPROVAL BY THE ACTS' BOARD. INDIVIDUAL OFFICER'S TERMS MAY BE EXTENDED FOR A PERIOD OF ONE YEAR IF APPROVED BY TWO-THIRDS MAJORITY VOTE OF CRT'S BOARD AND APPROVED BY ACTS' BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE REVIEW THE FORM 990. AFTER THEY HAVE COMPLETED THEIR REVIEW, A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, THE CEO REQUESTS EACH DIRECTOR TO FURNISH A WRITTEN LIST OF ALL AFFILIATIONS OR OTHER INTERESTS WHICH THE DIRECTOR BELIEVES COULD POTENTIALLY CONSTITUTE A CONFLICT OF INTEREST WITH CAPITAL REPERTORY THEATRE. THE CEO THEN REVIEWS THE LIST WITH A COMMITTEE OF THE BOARD AND OBTAINS ADVICE OF COUNSEL, IF NEEDED. THE CEO UPDATES THE BOARD WITH ANY ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE FILING ORGANIZATION DOES NOT COMPENSATE ITS CHIEF EXECUTIVE OFFICER; INSTEAD, HE IS COMPENSATED BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"), A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 CAPITAL REPERTORY THEATRE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, FOR THE SAME PERIOD OF TIME AS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART IX, LINE 11G SHOW TALENT FEES AND SUPPLIES: PROGRAM SERVICE EXPENSES 560,408. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5. TOTAL EXPENSES 560,413. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,465. MANAGEMENT AND GENERAL EXPENSES 128,955. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130,420. FORM 990, PART XI, LINE 9: PAID-IN CAPITAL CONTRIBUTIONS 3,206,420. PART XII, LINE 2C EXPLANATION THE ORGANIZATION'S OVERSIGHT PROCESS AND SELECTION PROCESS HAVE NOT CHANGED FROM THE PRIOR YEAR. 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