2024-04-01T17:02:21-05:00 2023-09-30 580692043 MAULDIN & JENKINS LLC 1401 MANATEE AVE W STE 1200 BRADENTON FL 34205 990 2022-10-01 237362760 FLORIDA STUDIO THEATRE INC FLOR 9413087595 1241 NORTH PALM AVENUE SARASOTA FL 34236 REBECCA HOPKINS COO 9413087595 2024-03-28 1 REBECCA HOPKINS 999009999 1 BRIAN CARTER P00536712 9417474483 2024-03-25 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z REBECCA HOPKINS 1241 NORTH PALM AVENUE SARASOTA FL 34236 35580767 0 X WWW.FLORIDASTUDIOTHEATRE.ORG X 1974 FL FLORIDA STUDIO THEATRE HOLDS THE FOLLOWING MISSION: TO MAKE THEATRE AFFORDABLE AND ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE; TO PRESENT THEATRE THAT CHALLENGES WITH AS MUCH GUSTO AS IT ENTERTAINS; TO CREATE A PUBLIC FORUM FOR THE ISSUES OF OUR DAY THAT WILL FOSTER POSITIVE CHANGE IN OUR COMMUNITY AND BEYOND; TO OPERATE WITHIN AND FOR THE PUBLIC TRUST. 11 10 300 298 106738 33777 10269559 4727781 5987098 7151754 526639 374157 312406 267837 17095702 12521529 0 0 0 0 5026351 5789021 0 0 608670 4385606 5170892 9411957 10959913 7683745 1561616 50410553 53951408 4239807 3998333 46170746 49953075 X FLORIDA STUDIO THEATRE HOLDS THE FOLLOWING MISSION: TO MAKE THEATRE AFFORDABLE AND ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE; TO PRESENT THEATRE THAT CHALLENGES WITH AS MUCH GUSTO AS IT ENTERTAINS; TO CREATE A PUBLIC FORUM FOR THE ISSUES OF OUR DAY THAT WILL FOSTER POSITIVE CHANGE IN OUR COMMUNITY AND BEYOND; TO OPERATE WITHIN AND FOR THE PUBLIC TRUST. 0 0 7040483 5316883 THEATER PRODUCTIONS: MAINSTAGE IS FST'S FLAGSHIP PROGRAM, PRODUCING THE BEST CONTEMPORARY AMERICAN THEATER BY PRESENTING PLAYS THAT SPEAK TO A LIVING, EVOLVING, DYNAMICALLY CHANGING WORLD. STAGE III IS DEDICATED TO THE PRESENTATION OF SOCIALLY SIGNIFICATN PRODUCTIONS, STIMULATING AUDIENCES BY PRESENTING CHALLENGING CONTENT TO AUDIENCES WHO MIGHT NOT OTHERWISE PARTICIPATE IN THEATRICAL EVENTS. IN ACCORDANCE WITH ITS MISSION POINT "TO MAKE THEATRE AFFORDABLE AND ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE," FST STAUNCHLY BELIEVES THAT THEATRE SHOULD NOT BE A PRIVILEGE OF THE FEW, BUT SHOULD BENEFIT EVERYONE. FST IS ABLE TO MAINTAIN REASONABLE TICKET PRICES; THE AVERAGE AMOUNT THAT A PERSON WILL PAY FOR A 4-PLAY SUBSCRIPTION TO THE MAINSTAGE SERIES IS $89, OR $22.25 PER SHOW. 1493589 1665895 CABARET CONCESSIONS: FST CABARET WAS ESTABLISHED TO DEVELOP NEW AUDIENCES WHO MIGHT NOT OTHERWISE PARTICIPATE IN THEATRICAL EVENTS. OFFERING RESTAURANT AND BEVERAGE SERVICE, THE CABARET PROVIDES A RELAXED, INVITING ATMOSPHERE FOR PEOPLE WHO ARE NEW TO THE PERFORMING ARTS. ITS WARM, WELCOMING SPACE REDUCES SOCIAL BARRIERS TO THEATRE AND ENCOURAGES COMMUNICATION AND INTIMACY. 544831 168976 EDUCATION AND TOURING: THE WRITE A PLAY TOURING PROGRAM IMPACTS STUDENTS IN GRADES K-12, WITH A SPECIAL EMPHASIS ON UNDERSERVED YOUTH THROUGHOUT FLORIDA. DURING THE COURSE OF A SCHOOL YEAR, FST'S TOURS INSPIRE 47,000 CHILDREN AND TEENS TO WRITE THEIR OWN ORIGINAL PLAYS THROUGH THE WRITE A PLAY ARTS IN EDUCATION INITIATIVE EACH YEAR. FST'S EDUCATION PROGRAM OFFERS CHILDREN AND ADULTS A WEALTH OF OPPORTUNITIES TO DISCOVER THEIR CREATIVITY. CLASSES ARE OFFERED EACH WEEK TO STUDENTS AGED 5-95 IN THEATRE, DANCE AND MUSIC. ACCESSIBILITY IS ENSURED THROUGH PROGRAMMING FOR FINANCIALLY DISADVANTAGED, PHYSICALLY AND MENTALLY CHALLENGED YOUTH AND ADULSTS. FST'S "CHILDREN'S SCHOLARSHIP PROGRAM" PROVIDES ABOUT 15% OF YOUTH WITH FULL OR PARTIAL TUITION WAIVERS, AND ADULT WORK/SCHOLARSHIPS IN WHICH PRICES ARE REDUCED IN EXCHANGE FOR VOLUNTEER HOURS WITH THE THEATRE, AND ARE AVAILABLE TO THOSE WITH A NEED. 115356 115356 9078903 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 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 0 0 0 0 1 147 0 300 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X RICHARD HOPKINS 9413669017 1241 N PALM AVE SARASOTA FL 34236 DENNIS MCGILLICUDDY PRESIDENT 2.00 X X 0 0 0 RICHARD HOPKINS CEO 40.00 X X 129800 0 105139 PATRICIA COURTOIS SECRETARY/TREASURER 2.00 X X 0 0 0 PAT MULVA TRUSTEE 2.00 X 0 0 0 CHERYL GORELICK TRUSTEE 2.00 X 0 0 0 NEIL COMBER TRUSTEE 2.00 X 0 0 0 BOB ISRAELOFF TRUSTEE 2.00 X 0 0 0 CHARLES WILLIAMS TRUSTEE 2.00 X 0 0 0 GAELE BARTHOLD TRUSTEE 2.00 X 0 0 0 GEORGIA COURT TRUSTEE 2.00 X 0 0 0 EUAN FANNELL TRUSTEE 2.00 X 0 0 0 REBECCA HOPKINS COO 40.00 X 129800 0 91472 259600 0 196611 2 0 1 0 MADE MEDIA INC 251 LITTLE FALLS DRIVE WILMINGTON DE 19808 CONSULTANT 264450 C ALAN ANDERSON ARCHITECT PA 3908 MIDLAND RD SARASOTA FL 34231 ARCHITECT 225384 SPOTLIGHT GRAPHCIS AND PACKAGING 6054 CLARK CENTER AVE SARASOTA FL 34238 PRINTING 203984 3 253985 4473796 4727781 THEATER PRODUCTIONS 711110 5316883 5316883 CABARET CONCESSIONS 711110 1665895 1665895 EDUCATION AND TOURING 711110 168976 168976 7151754 554081 554081 152481 0 152481 152481 106738 45743 22879314 23059238 -179924 -179924 -179924 MISCELLANEOUS 900099 115356 115356 115356 12521529 7267110 106738 419900 400399 322366 41151 36882 4609817 3711414 473777 424626 170233 137056 17496 15681 211599 170361 21747 19491 396973 319607 40799 36567 28931 28931 49019 49019 744745 676022 1438 67285 258755 7279 251476 821631 742737 78894 189034 189034 406897 297035 101724 8138 277807 277807 THEATER PRODUCTION 1543635 1543635 CONCESSIONS 594322 594322 MISCELLANEOUS 148774 2748 146026 0 MATERIALS AND SUPPLIES 71687 71687 35655 15793 19862 10959913 9078903 1272340 608670 338401 364279 13368048 545587 7472137 5243956 11123 23590 29061 256743 176733 21954981 6078615 15763455 15876366 13060441 31573743 127738 130560 50410553 53951408 592836 475672 3629599 3509670 17372 12991 4239807 3998333 X 24139011 26567541 22031735 23385534 46170746 49953075 50410553 53951408 1561616 2220713 0 X X 0 1 X 1 0 X 7610438 5784480 9802813 10269559 4727781 38195071 4871695 3703085 2125732 6184870 7151754 24037136 12482133 9487565 11928545 16454429 11879535 62232207 322303 322303 0 322303 322303 61909904 229480 243017 388876 428288 706562 1996223 7125 41263 62991 34604 34777 180760 236605 284280 451867 462892 741339 2176983 74439 74439 115356 115356 12793177 9771845 12380412 16917321 12736230 64598985 0.95840 0.96430 0.03370 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4858280 53175 435192 435192 4911455 4793663 58067 122248 115698 4858280 4691821 101842 105535 105535 4793663 4512057 134212 190592 145040 4691821 4495707 16351 485952 485953 4512057 1.00000 0 0 1864425 1864425 18267938 5482805 12785133 1005379 531336 474043 817239 64474 752765 15876366 INVESTMENTS 31573743 F 31573743 SECURITY DEPOSITS 12991 12991 X 14821250 2220713 107939 2328652 12492598 28931 28931 12521529 11038921 107939 107939 10930982 28931 28931 10959913 PART X, LINE 2: THE THEATRE QUALIFIES AS A CHARITABLE ORGANIZATION AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A). HOWEVER, THE THEATRE IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED SEPTEMBER 30, 2023, THE THEATRE INCURRED NO INCOME TAX EXPENSE. IT IS THE THEATRE'S POLICY TO ACCOUNT FOR ANY UNCERTAINTIES IN INCOME TAX LAW IN ACCORDANCE WITH FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND REQUIRES THAT THE THEATRE RECOGNIZE THE IMPACT OF SUCH A TAX POSITION IN ITS FINANCIAL STATEMENTS IF, UPON ULTIMATE SETTLEMENT, THAT POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED. MANAGEMENT HAS EVALUATED THE THEATRE'S TAX POSITIONS AND CONCLUDED THAT THE THEATRE HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. AS A RESULT, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE THEATRE FILES A 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. X X 0 0 0 0 0 0 0 0 0 RICHARD HOPKINS CEO 129800 0 0 0 0 0 105139 0 0 0 234939 0 0 0 REBECCA HOPKINS COO 129800 0 0 0 0 0 91472 0 0 0 221272 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RICHARD HOPKINS, VICE PRESIDENT AND REBECCA HOPKINS, MANAGING DIRECTOR ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND MANAGING DIRECTOR. IT IS THEN REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEW ALL POLICIES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS DETERMINED BY AN EXECUTIVE COMPENSATION COMMITTEE FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST PART XII, LINE 2C THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR.