Civic Intelligence

Landmark Community Theatre Inc

EIN 27-1112550 • 501(c)3 • Thomaston, CT

Profile

The mission of the organization is to offer opportunities where the community may produce, partcipate in and enjoy the performing arts; to educate all ages in theater and music; and to preserve and protect the thomaston opera house as a historic landmark and community space.

PO Box 158Thomaston, CT 06787

www.landmarkcommunitytheatre.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.34x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.32x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-33%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$78,187

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 21.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

28th percentile

-27%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-37%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$339,731

Down $133,933 (-28%) from 2022

Liabilities

Down

$117,171

Down $37,783 (-24%) from 2022

Net Assets

Down

$222,560

Down $96,150 (-30%) from 2022

Revenue

Down

$371,900

Down $188,715 (-34%) from 2022

Expenses

Down

$496,272

Down $53,788 (-9.8%) from 2022

Net Income

Down

-$124,372

Down $134,927 (-1278%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2014: $207,700Liabilities 2014: $109,911Net Assets 2014: $97,7892014Assets 2016: $208,920Liabilities 2016: $112,390Net Assets 2016: $96,5302016Assets 2018: $335,998Liabilities 2018: $143,462Net Assets 2018: $192,5362018Assets 2019: $296,307Liabilities 2019: $121,003Net Assets 2019: $175,3042019Assets 2020: $291,973Liabilities 2020: $145,353Net Assets 2020: $146,6202020Assets 2021: $528,507Liabilities 2021: $227,469Net Assets 2021: $301,0382021Assets 2022: $473,664Liabilities 2022: $154,954Net Assets 2022: $318,7102022Assets 2024: $339,731Liabilities 2024: $117,171Net Assets 2024: $222,5602024

Highlighted filing

2024

Assets$339,731
Liabilities$117,171
Net Assets$222,560

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $337,636Expenses 2014: $348,962Net Income 2014: -$11,3262014Revenue 2016: $381,085Expenses 2016: $350,858Net Income 2016: $30,2272016Revenue 2018: $471,371Expenses 2018: $472,692Net Income 2018: -$1,3212018Revenue 2019: $471,781Expenses 2019: $489,013Net Income 2019: -$17,2322019Revenue 2020: $267,012Expenses 2020: $295,696Net Income 2020: -$28,6842020Revenue 2021: $514,612Expenses 2021: $360,194Net Income 2021: $154,4182021Revenue 2022: $560,615Expenses 2022: $550,060Net Income 2022: $10,5552022Revenue 2024: $371,900Expenses 2024: $496,272Net Income 2024: -$124,3722024

Highlighted filing

2024

Revenue$371,900
Expenses$496,272
Net Income-$124,372

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$597,295
Mission and Program Overview

Mission

The mission of the organization is to offer opportunities where the community may produce, partcipate in and enjoy the performing arts; to educate all ages in theater and music; and to preserve and protect the thomaston opera house as a historic landmark and community space.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$265,080$244,232▼ $20,848
Land, Buildings, and Equipment, Net$154,679$126,202▼ $28,477
Pledges and Grants Receivable$62,949$62,949→ $0
Cash and Non-Interest-Bearing Accounts$22,178$38,881▲ $16,703
Accounts Receivable$2,500$1,000▼ $1,500
Prepaid Expenses and Deferred Charges$21,121$400▼ $20,721
Total Assets$528,507$473,664▼ $54,843
Liabilities
Deferred Revenue$120,238$63,714▼ $56,524
Mortgage Notes Payable Secured by Investment Property$76,187$60,961▼ $15,226
Other Liabilities$23,430$26,628▲ $3,198
Accounts Payable and Accrued Expenses$7,614$3,651▼ $3,963
Total Liabilities$227,469$154,954▼ $72,515
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$298,038$315,710▲ $17,672
Net Assets With Donor Restrictions$3,000$3,000→ $0
Total Net Assets Fund Balance$301,038$318,710▲ $17,672
Total Liabilities and Net Assets / Fund Balance$528,507$473,664▼ $54,843

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$95,017$259,892$354,909
Land$31,185-$31,185
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey DunnExecutive DiFT$69,388$2,600$71,988

Board Members and Trustees

NameTitle
Gary KingsburyChairperson
Foster ReeseVice Chairpe
George SeabourneTrustee
Jen WollmanTrustee
John PiscopoTrustee
Juan Cardona JrTrustee
Courtney DeraleauSecretary
Christina MolliconiTreasurer-20
James WhitneyTreasurer-20
Revenue and Support

Revenue Composition

Contributions and Grants
$240,558
Program Service Revenue
$302,840
Investment Income
$366
Other Revenue
$16,851
All Other Contributions
$104,803
Change in Net Assets
$10,555
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$332,147
Salaries, Compensation, and Employee Benefits$215,413
Total Fundraising Expense$25,073
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,799$50,000-$117,799
Current Officers, Directors, Trustees, and Key Employees$34,694$13,878$20,816$69,388
Fees for Services Other$57,930-$1,416$59,346
Office Expenses$21,037$29,476-$50,513
Royalties$45,189--$45,189
Advertising$37,257--$37,257
Depreciation Depletion$32,106$1,350-$33,456
All Other Expenses$21,698$6,125-$27,823
Payroll Taxes$10,149$6,325$2,061$18,535
Occupancy$15,622--$15,622
Pension Plan Contributions$6,441$2,470$780$9,691
Insurance$4,055$4,055-$8,110
Other Expenses$6,022--$6,022
Interest-$2,696-$2,696
Grants to Domestic Individuals$2,500--$2,500
Travel-$1,530-$1,530
Total Functional Expenses$407,082$117,905$25,073$550,060
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,287
Fundraising Gross Income$19,287
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$38,285$19,287-$19,287
Total Events$38,285$19,287$19,287-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposts$15,176
Restoration Fee Liability$6,412
Credit Card Payable$5,040
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The board of trustees of the corporation are the members of the corporation and, when meeting as trustees, may exercise the rights and powers of members.

Form 990, Page 6, Part VI, Line 7A

The board of trustees are elected by a majority vote of the trustees who are also the members of the corporation.

Form 990, Page 6, Part VI, Line 11B

The organization's form 990 is prepared and reviewed by the organization's executive director and treasurer and reviewed by the finance committee of the board of trustees. A copy of the completed form 990 is provided to each board of trustees member before it is filed.

Form 990, Page 6, Part VI, Line 12C

Each member of the board of trustees is provided with a copy of the conflict of interest policy and the related annual disclosure form. Each trustee completes the annual disclosure form as required by the policy. When faced with a potential conflict of interest, the trustee with such potential conflict may make a presentation to the board of trustees, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the board of trustees, if appropriate, may appoint the governance committee to investigate alternatives to the proposed transaction or arrangement.

Form 990, Page 6, Part VI, Line 15A

On an annual basis, the organization's executive committee reviews the executive director and determines the compensation level of such individual, taking into account the executive director's performance, known comparable compensation levels for similar size organizations, and all other factors, as necessary. The executive committee then makes its recommendation to the board of trustees, after which the board of trustees votes on the compensation level.

Form 990, Page 6, Part VI, Line 15B

The organization does not have any other officers or key employees who are compensated.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and annual 990 filing are available for inspection by members of the public at the organization's place of business during normal business hours. Appointments for review of these documents must be made with the organization's executive director in advance.

Filing and Contact Details

Filer

Filer Name
Landmark Community Theatre Inc
EIN
27-1112550
Phone
8602838558
Address
PO BOX 158, THOMASTON, CT 06787

Signing Officer

Name
Gary Kingsbury
Title
Chairperson
Phone
8602838558
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Kingsbury
Formed
2009
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
8
Volunteers
200

Preparer

Firm
Budwitz & Meyerjack Pc
Address
1122 HIGHLAND AVE, CHESHIRE, CT 06410-1654
Preparer
Daniel C Vollaro CPA
Phone
2032721621
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the organization is to offer opportunities where the community may produce, partcipate in and enjoy the performing arts; to educate all ages in theater and music; and to preserve and protect the thomaston opera house as a historic landmark and community space.

Form 990, Part IX, Line 11G

Outside contract services 10,192 0 0 payroll processing fees 3,225 0 0 music,tech,director fees 44,410 0 0 other fundraising expenses 0 0 1,416 outside services 103 0 0 total 57,930 0 1,416

Raw XML AppendixShowing 400 of 495 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc3VOLUNTEER EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt024335
IRS990/OtherExpensesGrp/ProgramServicesAmt111107
IRS990/OtherExpensesGrp/ProgramServicesAmt29141
IRS990/OtherExpensesGrp/ProgramServicesAmt36022
IRS990/OtherExpensesGrp/TotalAmt024335
IRS990/OtherExpensesGrp/TotalAmt111107
IRS990/OtherExpensesGrp/TotalAmt29141
IRS990/OtherExpensesGrp/TotalAmt36022
IRS990/OtherLiabilitiesGrp/BOYAmt023430
IRS990/OtherLiabilitiesGrp/EOYAmt026628
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067799
IRS990/OtherSalariesAndWagesGrp/TotalAmt0117799
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02061
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06325
IRS990/PayrollTaxesGrp/ProgramServicesAmt010149
IRS990/PayrollTaxesGrp/TotalAmt018535
IRS990/PensionPlanContributionsGrp/FundraisingAmt0780
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02470
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06441
IRS990/PensionPlanContributionsGrp/TotalAmt09691
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt062949
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt062949
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021121
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0400
IRS990/PrincipalOfficerNm0GARY KINGSBURY
IRS990/PriorPeriodAdjustmentsAmt07117
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SHOW INCOME - TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1THEATRE USAGE FEES
IRS990/ProgramServiceRevenueGrp/Desc2COSTUME RENTAL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0300449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11891
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0300449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11891
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0311338
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0500
IRS990/PYInvestmentIncomeAmt0168
IRS990/PYOtherExpensesAmt0238326
IRS990/PYOtherRevenueAmt027503
IRS990/PYProgramServiceRevenueAmt0175603
IRS990/PYRevenuesLessExpensesAmt0154418
IRS990/PYSalariesCompEmpBnftPaidAmt0121368
IRS990/PYTotalExpensesAmt0360194
IRS990/PYTotalRevenueAmt0514612
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt010555
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0302840
IRS990/RoyaltiesGrp/ProgramServicesAmt045189
IRS990/RoyaltiesGrp/TotalAmt045189
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0265080
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0244232
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0240558
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0311338
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0186822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt086881
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt072121
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0897720
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0366
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0302840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0175489
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt064721
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0356579
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0370965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01270594
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt034244
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt017083
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02223
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt021142
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt024102
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt098794
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0366
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0647
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt013083
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt014352
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt010025
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt010452
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt047912
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97900
IRS990ScheduleA/PublicSupportPY509Pct00.97620
IRS990ScheduleA/PublicSupportTotal509Amt02267108
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0577642
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0503910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0253766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0464602
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0467188
IRS990ScheduleA/Total509Grp/TotalAmt02267108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0578008
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0517161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0268160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0474683
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0477655
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02315667
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt031185
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031185
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt095017
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0259892
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0354909
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16412
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESTORATION FEE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0126202
IRS990ScheduleD/TotalLiabilityAmt026628
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt018998
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018998
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019287
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019287
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019287
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt019287
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt019287
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE ORGANIZATION IS TO OFFER OPPORTUNITIES WHERE THE COMMUNITY MAY PRODUCE, PARTCIPATE IN AND ENJOY THE PERFORMING ARTS; TO EDUCATE ALL AGES IN THEATER AND MUSIC; AND TO PRESERVE AND PROTECT THE THOMASTON OPERA HOUSE AS A HISTORIC LANDMARK AND COMMUNITY SPACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES OF THE CORPORATION ARE THE MEMBERS OF THE CORPORATION AND, WHEN MEETING AS TRUSTEES, MAY EXERCISE THE RIGHTS AND POWERS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES ARE ELECTED BY A MAJORITY VOTE OF THE TRUSTEES WHO ARE ALSO THE MEMBERS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORM 990 IS PREPARED AND REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND TREASURER AND REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. A COPY OF THE COMPLETED FORM 990 IS PROVIDED TO EACH BOARD OF TRUSTEES MEMBER BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH MEMBER OF THE BOARD OF TRUSTEES IS PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND THE RELATED ANNUAL DISCLOSURE FORM. EACH TRUSTEE COMPLETES THE ANNUAL DISCLOSURE FORM AS REQUIRED BY THE POLICY. WHEN FACED WITH A POTENTIAL CONFLICT OF INTEREST, THE TRUSTEE WITH SUCH POTENTIAL CONFLICT MAY MAKE A PRESENTATION TO THE BOARD OF TRUSTEES, BUT AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OF TRUSTEES, IF APPROPRIATE, MAY APPOINT THE GOVERNANCE COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ON AN ANNUAL BASIS, THE ORGANIZATION'S EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR AND DETERMINES THE COMPENSATION LEVEL OF SUCH INDIVIDUAL, TAKING INTO ACCOUNT THE EXECUTIVE DIRECTOR'S PERFORMANCE, KNOWN COMPARABLE COMPENSATION LEVELS FOR SIMILAR SIZE ORGANIZATIONS, AND ALL OTHER FACTORS, AS NECESSARY. THE EXECUTIVE COMMITTEE THEN MAKES ITS RECOMMENDATION TO THE BOARD OF TRUSTEES, AFTER WHICH THE BOARD OF TRUSTEES VOTES ON THE COMPENSATION LEVEL.

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