2026-02-05T14:39:45-06:00 2025-06-30 560571159 BERNARD ROBINSON & COMPANY LLP 100 E CUMBERLAND STREET DUNN NC 28334 990 2024-07-01 560856992 CAPE FEAR REGIONAL THEATRE AT FAYETTEVILLE INC CAPE 9103234234 1209 HAY STREET FAYETTEVILLE NC 28305 BILL HEDGEPETH PRESIDENT 9103234234 2026-02-05 1 0 JOHN M ROBINSON P01281319 9108921021 2026-02-02 2024 2025-03-06 01:10:19Z BILL HEDGEPETH 1209 HAY STREET FAYETTEVILLE NC 28305 10083194 0 X WWW.CFRT.ORG X 1963 NC THEATRICAL PERFORMANCES AND EDUCATION IN THE ARTS. 23 23 30 200 14180 0 4594314 8082378 1459582 1243613 375646 234154 22638 32390 6452180 9592535 0 0 0 0 1342217 1481141 0 0 7241 1172496 1255482 2514713 2736623 3937467 6855912 18914996 24272322 6009070 4468548 12905926 19803774 X CAPE FEAR REGIONAL THEATRE IS A 501(C)3 NON-PROFIT ORGANIZATION. WE BELIEVE IN THE POWER OF STORYTELLING AND THE VISCERAL IMPACT OF LIVE THEATRE. WE STRIVE FOR THE HIGHEST STANDARDS OF EXCELLENCE IN OUR ARTISTIC WORK, EDUCATIONAL OFFERINGS, AND OUTREACH EFFORTS. WE PROVIDE THE REGION A PLACE TO COME TOGETHER TO LAUGH HARDER, THINK DEEPER, SHARE OUR EXPERIENCES AND GROW AS A COMMUNITY. 0 0 1890477 1229433 THE THEATRE PRESENTED A TOTAL OF FIVE PRODUCTIONS, AS WELL AS NUMEROUS OUTREACH EVENTS AND EDUCATION PROGRAMS INCLUDING SUMMER CAMPS, DAY CAMPS, AND STUDIO CLASSES, TOGETHER REACHING MORE THAN 60,000 PEOPLE IN FY25. 1890477 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 132 0 1 30 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X ELLA WRENN 9103234234 1209 HAY STREET FAYETTEVILLE NC 28305 X BILL HEDGEPETH PRESIDENT 3.00 X X 0 0 0 ZACH PRITCHETT VICE-PRESIDENT 3.00 X X 0 0 0 KAREN TISDALE TREASURER 3.00 X X 0 0 0 JUELLE MCDONALD SECRETARY 3.00 X X 0 0 0 ROLLINDA THOMAS ASSISTANT SECRETARY 3.00 X X 0 0 0 TAYLOR WHITLEY ASSISTANT TREASURER 3.00 X X 0 0 0 LAUREN ALLRED BOARD MEMBER 1.00 X 0 0 0 AL AYCOCK BOARD MEMBER 1.00 X 0 0 0 CHERYL Y BURNS BOARD MEMBER 1.00 X 0 0 0 JUDY CHAVIS BOARD MEMBER 1.00 X 0 0 0 CAROLYN DAWSON BOARD MEMBER 1.00 X 0 0 0 JENNY DEVIERE BOARD MEMBER 3.00 X 0 0 0 MEGHAN ENGLE BOARD MEMBER 1.00 X 0 0 0 JOHN HOLMES BOARD MEMBER 1.00 X 0 0 0 LUCY JONES BOARD MEMBER 1.00 X 0 0 0 MARILYN KISER BOARD MEMBER 1.00 X 0 0 0 ANTOINE MCGILL BOARD MEMBER 1.00 X 0 0 0 TIFFANY PENNINK BOARD MEMBER 1.00 X 0 0 0 CHARLES PIMBLE BOARD MEMBER 1.00 X 0 0 0 MARIE RUNKLE BOARD MEMBER 1.00 X 0 0 0 DARSWEIL RODGERS BOARD MEMBER 1.00 X 0 0 0 TYLER PATTON BOARD MEMBER 1.00 X 0 0 0 NISHA PATEL BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1744864 6337514 171346 8082378 BOX OFFICE RECEIPTS 711110 528144 528144 PRODUCTION SPONSORSHIP 711110 190160 190160 SEASON TICKET COUPONS 711110 176732 176732 DRAMA CAMPS AND CLASSES 711110 164316 164316 CONCESSIONS 722515 101245 101245 83016 68836 14180 1243613 401923 401923 32390 0 32390 32390 32390 322890 257183 233476 65707 -233476 -167769 -167769 9592535 1229433 14180 266544 X 1305676 796462 509214 97297 59351 37946 78168 47683 30485 2886 1558 1328 49191 26567 22624 18512 18512 8656 4675 3981 27202 27202 18395 10546 7849 88118 88118 63954 41571 22383 43280 43280 1217 795 422 108279 71555 36724 55016 35761 19255 OTHER 206119 167899 38220 RENT 110400 71760 38640 SETS AND PROPS 55428 55428 COSTUMES 41540 41540 357289 298726 51322 7241 2736623 1890477 838905 7241 518798 183624 7461316 6953671 3551155 7226723 117690 550438 1618 1618 71258 82225 6810859 798004 3930381 6012855 2941470 2983497 101667 108203 219643 169468 18914996 24272322 138931 327525 106541 141815 5763598 3999208 6009070 4468548 X 5881086 7771097 7024840 12032677 12905926 19803774 18914996 24272322 6855912 41936 0 X X 0 1 X 1 0 X 1384562 4465065 2602214 4594314 8082378 21128533 191528 796537 1031277 1445807 1229433 4694582 1576090 5261602 3633491 6040121 9311811 25823115 1465850 25000 350000 821650 2662500 0 1465850 25000 350000 821650 2662500 23160615 9556 38169 128164 349152 434313 959354 9556 38169 128164 349152 434313 959354 10610 15280 13775 14180 53845 37220 37220 1622866 5310381 3776935 6403048 9760304 26873534 0.86180 0.86770 0.03570 0.02900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 101667 11510 3800 1174 108203 92780 925 12804 3750 1092 101667 89468 8879 4560 1007 92780 107177 1000 -13398 4150 1161 89468 86752 1475 23309 3230 1129 107177 1.00000 1 0 1187221 1187221 2454533 534146 1920387 493189 263858 229331 2675916 2675916 6012855 REFUNDABLE ADVANCES, GRANTS 3837240 OPERATING LEASE LIABILITIES 161968 3999208 X 10062105 41936 212670 254606 9807499 18512 -233476 -214964 9592535 3164257 212670 233476 446146 2718111 18512 18512 2736623 PART X, LINE 2: IT IS THE TAXPAYER'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY, PLANT AND EQUIPMENT -233,476. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY, PLANT AND EQUIPMENT 233,476. X 2 45048 MARKET QUOTATION X 1 100298 APPRAISAL X FORMAL WEAR 1 11000 RETAIL PRICE X WINDOW SIGNAGE 1 6000 RETAIL PRICE X LUMBER 1 5000 RETAIL PRICE X BAKED GOODS 1 4000 RETAIL PRICE 0 0 0 1 PART I, LINE 32B: HERDMAN LAND HOLDINGS, LLC, A RELATED SINGLE MEMBER LLC HELD BY THE ORGANIZATION, WAS USED FOR THE COMMERCIAL REAL ESTATE CONTRIBUTION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE AND REVIEWED BY THE FINANCE COMMITTEE PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY TO ENSURE THERE ARE NO POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION FOLLOWS THE PROCESS DESCRIBED IN TREASURY REGULATION 4958(6)(C) FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS IN THE REVIEW, APPROVAL, AND DOCUMENTATION OF OFFICER, KEY MANAGEMENT, AND DIRECTOR COMPENSATION. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE ENTIRE COMPENSATION PACKAGE OF EACH PERSON BASED ON COMPARABILITY FACTORS INCLUDING BUT NOT LIMITED TO THE SIZE OF THE ORGANIZATION, THE GEOGRAPHICAL LOCATION OF THE ORGANIZATION, AND THE EMPLOYEE'S LENGTH OF SERVICE. THIS PROCESS IS CONDUCTED ON AN ANNUAL BASIS FOR ALL POSITIONS FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS REQUIRED TO BE OPEN TO PUBLIC INSEPCTION ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MUSIC - PRODUCTIONS: PROGRAM SERVICE EXPENSES 41,277. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,277. CONCESSIONS: PROGRAM SERVICE EXPENSES 36,841. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,841. SOUND AND LIGHTING: PROGRAM SERVICE EXPENSES 28,821. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,821. PROGRAMS: PROGRAM SERVICE EXPENSES 27,853. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,853. IN-KIND: PROGRAM SERVICE EXPENSES 26,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,000. REPAIRS - BUILDING: PROGRAM SERVICE EXPENSES 16,361. MANAGEMENT AND GENERAL EXPENSES 8,810. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,171. BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 14,214. MANAGEMENT AND GENERAL EXPENSES 7,652. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,866. PRINTING: PROGRAM SERVICE EXPENSES 20,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,260. PARTIES AND BANQUETS: PROGRAM SERVICE EXPENSES 7,559. MANAGEMENT AND GENERAL EXPENSES 11,445. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,004. HOUSING - PRODUCTIONS: PROGRAM SERVICE EXPENSES 18,436. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,436. CUSTODIAL: PROGRAM SERVICE EXPENSES 9,331. MANAGEMENT AND GENERAL EXPENSES 9,096. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,427. POSTAGE AND FREIGHT: PROGRAM SERVICE EXPENSES 12,156. MANAGEMENT AND GENERAL EXPENSES 4,212. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,368. PRODUCTIONS EXPENSES - GENERAL: PROGRAM SERVICE EXPENSES 13,630. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,630. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 8,577. MANAGEMENT AND GENERAL EXPENSES 4,618. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,195. FUNDRAISING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,241. TOTAL EXPENSES 7,241. TAXES AND LICENSES: PROGRAM SERVICE EXPENSES 4,261. MANAGEMENT AND GENERAL EXPENSES 2,298. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,559. EQUIPMENT LEASE: PROGRAM SERVICE EXPENSES 3,837. MANAGEMENT AND GENERAL EXPENSES 2,063. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,900. EDUCATION: PROGRAM SERVICE EXPENSES 4,251. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,251. TELEPHONE: PROGRAM SERVICE EXPENSES 2,091. MANAGEMENT AND GENERAL EXPENSES 1,128. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,219. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 2,970. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,970. FORM 990, PART XII, LINE 2C THE PROCESS OF THE OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMTNS HAS NOT CHANGED DURING THE YEAR. HERDMAN LAND HOLDINGS LLC 1209 HAY STREET FAYETTEVILLE NC 28305 333702008 TO FACILITATE REAL ESTATE PURCHASES AND ARRANGEMENTS FOR THE THEATRE NC 11978 411216