2024-09-12T08:57:46-05:00 2023-10-31 202000257 Fiore Fedeli Snyder Carothers LLP 2013 Sandy Dr Ste 200 State College PA 16803 990 2022-11-01 680490220 STATE THEATRE INC STAT 8142720606 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 KIRK LARTER TREASURER 8142720606 2024-09-09 1 1 JOSEPH P FEDELI CPA P00538622 8142378999 2024-09-09 2022 2024-08-08 14:25:15Z JAY BARTLETT 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 1401078 0 X WWW.THESTATETHEATRE.ORG X 2001 PA COMMUNITY PERFORMING ARTS CENTER 13 13 42 44 0 0 689712 157395 629649 1063750 6026 37799 66729 107114 1392116 1366058 31397 0 0 0 432611 471685 0 0 21262 883180 1096460 1347188 1568145 44928 -202087 5639231 5691196 3708539 3800997 1930692 1890199 X THE STATE THEATRE IS A NON-PROFIT, PERFORMING ARTS CENTER WHOSE MISSION IS TO ENTERTAIN, ENRICH, EDUCATE, AND INSPIRE. 0 0 1262151 1063750 THE STATE THEATRE OPENED IN DECEMBER 2006 AS A COMMUNITY OWNED AND OPERATED PERFORMING ARTS CENTER. WE ARE LOCATED IN DOWNTOWN STATE COLLEGE, ACROSS THE STREET FROM PENN STATE UNIVERSITY. WE ENRICH THE COMMUNITY'S CULTURAL OPPORTUNITIES WITH DIVERSE LOCAL AND REGIONAL PERFORMANCES, NATIONAL TOURING ACTS, SIMULCASTS OF METROPOLITAN OPERA PERFORMANCES, AND INDEPENDENT, CLASSIC, AND FOREIGN FILMS. IN FY 23, OVER 10,000 PATRONS EXPERIENCED 29 NATIONAL TOURING ACTS, 51 PRESENTATIONS OF LOCAL PERFORMING ARTS GROUPS, 78 DIVERSE MOVIE SHOWINGS, AND 15 METROPOLITAN OPERA PERFORMANCES. THE THEATRE WAS UTILIZED AN ADDITIONAL 89 TIMES BY VARIOUS COMMUNITY ORGANIZATIONS, SUCH AS CHILDRENS DANCE ENSEMBLES, THE LOCAL ORCHESTRA, HIGH SCHOOL DRAMA GROUPS, IMPROV COMEDY ENSEMBLES, PUPPETEERS, AS WELL AS UNIVERSITY HOSTED SYMPOSIUMS AND UNDERGRADUATE CLASSES IN THEATRE AND DRAMA. 1262151 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 42 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 PA X X DANIELLE NATTERMAN ACCOUNTANT 8142720606 130 WEST COLLEGE AVENUE STATE COLLEGE PA 16801 JAY BARTLETT PRESIDENT 5.00 X X 0 0 0 MARY WUJEK VICE PRESIDENT 5.00 X X 0 0 0 KIRK LARTER TREASURER 5.00 X X 0 0 0 BETH YODER SECRETARY 5.00 X X 0 0 0 KURT BERNIER DIRECTOR 5.00 X 0 0 0 AJ BRADLEY DIRECTOR 5.00 X 0 0 0 PATRICK DOBY DIRECTOR 5.00 X 0 0 0 AMY FRANK DIRECTOR 5.00 X 0 0 0 KIRK FRENCH DIRECTOR 5.00 X 0 0 0 MATT JORDAN DIRECTOR 5.00 X 0 0 0 MIKE KRIDER DIRECTOR 5.00 X 0 0 0 BILL RYAN DIRECTOR 5.00 X 0 0 0 RYAN WILLIAMS DIRECTOR 5.00 X 0 0 0 JOHN RATTIE EXECUTIVE DIRECTOR 40.00 X 56164 0 0 56164 0 0 0 0 0 0 0 64867 25000 67528 157395 TICKET SALES & FEES 711310 821753 821753 OTHER EVENT RELATED IN 711310 241997 241997 1063750 37799 37799 139983 35020 104963 104963 CHANGE IN CCCF ASSETS 900099 2151 2151 2151 1366058 1063750 0 144913 56150 42113 8422 5615 365292 204897 156260 4135 14233 7117 6789 327 36010 19439 15645 926 8240 8240 1770 985 533 252 35825 35108 717 24668 4569 19529 570 66034 52827 11688 1519 81750 65400 14470 1880 185674 148539 32864 4271 16193 10849 4972 372 SHOW EXPENSES 646716 646716 0 0 REPAIRS & MAINTENANCE 29490 23592 5220 678 OTHER 100 100 1568145 1262151 284732 21262 263032 31995 704410 920502 4357 69300 756 2550 10866 5391 7906105 3408393 4655810 4497712 0 163746 5639231 5691196 34673 47466 178560 211922 2098592 2281038 1396714 1260571 3708539 3800997 X 1910692 1870199 20000 20000 1930692 1890199 5639231 5691196 -202087 161594 0 X X 1 X 0 1 0 X 251279 338372 717437 689712 157395 2154195 251279 338372 717437 689712 157395 2154195 2154195 765 1238 7513 13226 37799 60541 1661 2018 150 2151 5980 2220716 3780330 0.97000 0.95280 X Schedule A, Part II, Line 10, Explanation of Other Income: OTHER INCOME - 2019 Amount: $ 1,661. 2020 Amount: $ 2,018. 2021 Amount: $ 150. 2022 Amount: $ 0. CHANGE IN CCCF ASSETS - 2022 Amount: $ 2,151. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 600000 600000 6568797 2749087 3819710 737308 659306 78002 4497712 ACCRUED INTEREST 1260571 1260571 X Part X, Line 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT HAS DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AS OF OCTOBER 31, 2023. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS FOR YEARS SUBSEQUENT TO 2019 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section A, line 8b NO DECISIONS BY A COMMITTEE ARE BINDING TO THE BOARD OF DIRECTORS. COMMITTEES ARE ADVISORY ONLY. THUS, MINUTES OF EVERY MEETING OF EVERY COMMITTEE ARE NOT MAINTAINED. Form 990, Part VI, Section B, line 11b OUR PROCESS IS THE ACCOUNTANT COMPLETES THE 990 INFORMATIONAL CHECKLIST. THE DRAFT 990 FORM IS PROVIDED TO THE FINANCE COMMITTEE AND THEN THE DRAFT FORM IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO SUBMITTING TO THE IRS. Form 990, Part VI, Section B, line 12c THE INDEPENDENT DIRECTORS POLICY AND DUTY OF LOYALTY AND CONFLICT OF INTERST POLICY DEFINE THE PERSONAL, FAMILY, AND BUSINESS RELATIONSHIPS WHICH MAY GIVE RISE TO CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO ANNUALLY CONFIRM IN WRITING THE ABSENCE OF CONFLICTS OF INTEREST OR TO DISCLOSE EXISTING CONFLICTS. THE PRESIDENT RECEIVES THE DISCLOSURE AND FORWARDS THEM TO THE SECRETARY WHO REPORTS CONFLICTS TO THE BOARD. MEMBERS ARE REQUIRED TO REPORT NEW CONFLICTS THAT ARISE BETWEEN ANNUAL REPORTS. CONFLICTED MEMBERS DO NOT PARTICIPATE IN DISCUSSIONS AND VOTES ON MATTERS IN WHICH THEY ARE CONFLICTED. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AT THE THEATRE'S MAIN OFFICE. Form 990, Part XII, Line 2c: THE DRAFT OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE AND THEN THE DRAFT IS PROVIDED TO THE ENTIRE BOARD FOR APPROVAL PRIOR TO SUBMISSION.