Civic Intelligence

Landmark Community Theatre Inc

990 • Fiscal year 2013 • EIN 27-1112550

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 12, 2014

PO Box 15806787

(860) 283-8558

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.22x

Higher debt load relative to assets than 82% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

81st percentile

0.10x

Higher debt load relative to revenue than 81% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

95th percentile

$58,308

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$139,185

No earlier filing loaded for comparison.

Net Assets

$109,115

No earlier filing loaded for comparison.

Liabilities

$30,070

No earlier filing loaded for comparison.

Revenue

$301,766

No earlier filing loaded for comparison.

Expenses

$264,882

No earlier filing loaded for comparison.

Net Income

$36,884

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2013: $139,185Liabilities 2013: $30,070Net Assets 2013: $109,1152013Assets 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

2013

Assets$139,185
Liabilities$30,070
Net Assets$109,115

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $301,766Expenses 2013: $264,882Net Income 2013: $36,8842013Revenue 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

2013

Revenue$301,766
Expenses$264,882
Net Income$36,884
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 12, 2014
Return Version
2013v3.1
Gross Receipts
$314,274
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
Cash and Non-Interest-Bearing Accounts$87,835$73,683▼ $14,152
Land, Buildings, and Equipment, Net$2,654$44,043▲ $41,389
Prepaid Expenses and Deferred Charges$246$8,621▲ $8,375
Accounts Receivable-$7,147-
Savings and Temporary Cash Investments$7,816$5,691▼ $2,125
Total Assets$98,551$139,185▲ $40,634
Liabilities
Deferred Revenue$19,063$29,071▲ $10,008
Other Liabilities$5,042$594▼ $4,448
Accounts Payable and Accrued Expenses$2,215$405▼ $1,810
Total Liabilities$26,320$30,070▲ $3,750
Net Assets / Fund Balance
Unrestricted Net Assets$72,231$109,115▲ $36,884
Total Net Assets Fund Balance$72,231$109,115▲ $36,884
Total Liabilities and Net Assets / Fund Balance$98,551$139,185▲ $40,634

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$44,043$5,179$49,222
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeffrey DunnExecutive DiFT$58,308$58,308

Board Members and Trustees

NameTitle
Gary KingsburyChairperson
Charles M StangoVice Chairpe
Alicia FarrellTrustee
Eric WilczakTrustee
John PiscopoTrustee
Juan Cardona SrTrustee
Philip CanditoTrustee
Rick RiceTrustee
Foster ReeseSecretary
James WhitneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$41,507
Program Service Revenue
$239,449
Investment Income
$43
Other Revenue
$20,767
All Other Contributions
$41,507
Change in Net Assets
$36,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,553
Salaries, Compensation, and Employee Benefits$82,329
Total Fundraising Expense$23,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$29,154$11,662$17,492$58,308
Office Expenses$27,003$11,686$2,647$41,336
Royalties$28,957--$28,957
Advertising$21,199-$346$21,545
Other Salaries and Wages$2,070$14,769-$16,839
Occupancy$13,750--$13,750
All Other Expenses$4,756$4,166$1,276$10,198
Payroll Taxes$3,016$2,514$1,652$7,182
Depreciation Depletion$4,932--$4,932
Other Expenses$4,758--$4,758
Insurance$306$3,669-$3,975
Fees for Services Other$3,205--$3,205
Information Technology$2,592--$2,592
Conferences and Meetings$120$1,436-$1,556
Total Functional Expenses$191,567$49,902$23,413$264,882
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,247
Fundraising Direct Expenses$7,873
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$17,247$17,247-$17,247
Total Events$17,247$17,247$7,873$9,374
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Restoration Fee Liability$594
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 annual 990 filing is available for inspection on the publicly available website guide star. The organization's annual 990 filing is available for public inspection at the public charities unit of the connecticut department of consumer protection in hartford, ct. The organization registers annually under the ct soliciation of charitable funds act as required. 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

EIN
27-1112550
Phone
8602838558

Signing Officer

Name
Gary Kingsbury
Title
Chairperson
Phone
8602838558
Signed
2014-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Kingsbury Chairperson
Formed
2009
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
50

Preparer

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, Page 2, Part III, Line 4D

Sales of advertising space in show playbill

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IRS990/ProgramServiceRevenueGrp/Desc2FACILITY FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3THEATRE USAGE FEES
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33400
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0SALES OF ADVERTISING SPACE IN SHOW PLAYBILL
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IRS990/RoyaltiesGrp/TotalAmt028957
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt041507
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05834
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt016028
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt08404
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05834
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0516002
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESTORATION FEE LIABILITY
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IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GOLF TOURNAMENT
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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/ExplanationTxt1SALES OF ADVERTISING SPACE IN SHOW PLAYBILL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3THE BOARD OF TRUSTEES ARE ELECTED BY A MAJORITY VOTE OF THE TRUSTEES WHO ARE ALSO THE MEMBERS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5EACH 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/ExplanationTxt6ON 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DOES NOT HAVE ANY OTHER OFFICERS OR KEY EMPLOYEES WHO ARE COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION'S ANNUAL 990 FILING IS AVAILABLE FOR INSPECTION ON THE PUBLICLY AVAILABLE WEBSITE GUIDE STAR. THE ORGANIZATION'S ANNUAL 990 FILING IS AVAILABLE FOR PUBLIC INSPECTION AT THE PUBLIC CHARITIES UNIT OF THE CONNECTICUT DEPARTMENT OF CONSUMER PROTECTION IN HARTFORD, CT. THE ORGANIZATION REGISTERS ANNUALLY UNDER THE CT SOLICIATION OF CHARITABLE FUNDS ACT AS REQUIRED. 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalContributionsAmt041507
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt023413

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