2024-05-15T13:59:06-05:00 2023-06-30 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2022-07-01 520780194 CENTER STAGE ASSOCIATES INC CENT 4109864003 700 NORTH CALVERT STREET BALTIMORE MD 21202 ADAM FRANK MANAGING DIRECTOR 4109864003 2024-05-15 1 ADAM FRANK XXX-XX-XXXX 0 DAMIEN NICKLE CPA P00802786 4107834900 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BALTIMORE CENTER STAGE ADAM FRANK 700 NORTH CALVERT STREET BALTIMORE MD 21202 6850539 0 X WWW.CENTERSTAGE.ORG X 1962 MD INSPIRED BY OUR HOME CITY, BALTIMORE CENTER STAGE ACTS AS A CULTURAL CATALYST FOR ALL COMMUNITIES TO ACCESS THEATER IN EVERY FORM AND ENGAGE IN COMPELLING CONVERSATIONS. PROGRAMMING: CAPTURE THE COLLECTIVE IMAGINATION AND BUILD COMMUNITY THROUGH JOY-FILLED THEATRICAL ACTIVITIES THAT LEAD TO A GREATER UNDERSTANDING OF OUR OURSELVES AND EACH OTHER. CONSTITUENCY: BUILD INTERDEPENDENT RELATIONSHIPS AND EXPAND PARTICIPATION IN SERVICE TO ALL COMMUNITIES IN BALTIMORE AND EVERY COUNTY IN THE STATE OF MARYLAND. CULTURE: FOSTER AN ENVIRONMENT OF BELONGING AND RELENTLESS CURIOSITY WHERE PEOPLE CAN BE THEIR BEST SELVES. IMPACT: CONTRIBUTE TO THE STORY OF BALTIMORE BY SHOWING UP LOCALLY AND NATIONALLY AS LEADERS, THOUGHT PARTNERS, AMPLIFIERS, AND NEIGHBORS. INSTITUTION: DEVELOP A RESILIENT ORGANIZATION THAT DELIVERS ON ITS MISSION AND MAKES A DISTINCTIVE IMPACT RELATIVE TO ITS RESOURCES. 44 44 249 0 2670 0 5456233 4902190 925706 791818 1187990 801630 202002 184527 7771931 6680165 0 0 0 0 4387653 4200939 0 0 558181 4144944 4277984 8532597 8478923 -760666 -1798758 42554287 41161282 1332949 1002517 41221338 40158765 X SEE SCHEDULE O.INSPIRED BY OUR HOME CITY, BALTIMORE CENTER STAGE ACTS AS A CULTURAL CATALYST FOR ALL COMMUNITIES TO ACCESS THEATER IN EVERY FORM AND ENGAGE IN COMPELLING CONVERSATIONS. PROGRAMMING: CAPTURE THE COLLECTIVE IMAGINATION AND BUILD COMMUNITY THROUGH JOY-FILLED THEATRICAL ACTIVITIES THAT LEAD TO A GREATER UNDERSTANDING OF OUR OURSELVES AND EACH OTHER. CONSTITUENCY: BUILD INTERDEPENDENT RELATIONSHIPS AND EXPAND PARTICIPATION IN SERVICE TO ALL COMMUNITIES IN BALTIMORE AND EVERY COUNTY IN THE STATE OF MARYLAND. CULTURE: FOSTER AN ENVIRONMENT OF BELONGING AND RELENTLESS CURIOSITY WHERE PEOPLE CAN BE THEIR BEST SELVES. IMPACT: CONTRIBUTE TO THE STORY OF BALTIMORE BY SHOWING UP LOCALLY AND NATIONALLY AS LEADERS, THOUGHT PARTNERS, AMPLIFIERS, AND NEIGHBORS. INSTITUTION: DEVELOP A RESILIENT ORGANIZATION THAT DELIVERS ON ITS MISSION AND MAKES A DISTINCTIVE IMPACT RELATIVE TO ITS RESOURCES. 0 0 5518789 753055 ARTISTIC: AS THE STATE THEATER OF MARYLAND AND BALTIMORE'S LARGEST THEATER, WE PRODUCE UP TO SIX FULL-LENGTH PLAYS PER SEASON IN OUR TWO MAINSTAGE THEATERS FOR OVER 50,000 VISITORS. THESE PLAYS REPRESENT A DIVERSE MIX OF CONTEMPORARY AND CLASSIC WORKS. 51419 EDUCATION: OUR EDUCATION PROGRAMS ANNUALLY BENEFIT 10,000 STUDENTS AND TEACHERS. INNOVATIVE PROGRAMS INTRODUCE STUDENTS TO THE PERFORMING ARTS AND HELP BUILD THE NEXT GENERATION OF WELL-ROUNDED CITIZENS. PROGRAMS INCLUDE THE YOUNG PLAYWRIGHTS FESTIVAL, STUDENT MATINEES, THE VIRTUAL STUDENT MATINEE LIBRARY, AND CAMP CENTERSTAGE. 170 NEW ART DEVELOPMENT: CENTER STAGE SUPPORTS THE DEVELOPMENT OF NEW WORK THROUGH OUR MULTI-FACETED NEW ART PROGRAMMING. THIS WORK INCLUDES PLAY LABS, COMMISSIONS, DEVELOPMENTAL WORKSHOPS, AND IN-HOUSE READINGS. 5518789 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 155 0 1 249 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X ADAM FRANK 4109864000 700 NORTH CALVERT STREET BALTIMORE MD 21202 BRIAN M EAKES TREASURER 4.00 X X 0 0 0 JILL PRATT VICE PRESIDENT 4.00 X X 0 0 0 JORDAN D ROSENFELD SECRETARY 4.00 X X 0 0 0 SANDY LIOTTA PRESIDENT 10.00 X X 0 0 0 SCOT T SPENCER VICE PRESIDENT 4.00 X X 0 0 0 AMY ELIAS TRUSTEE 1.00 X 0 0 0 ANDREW GIDDENS TRUSTEE 1.00 X 0 0 0 AUGUST J CHIASERA TRUSTEE 1.00 X 0 0 0 BAYINNAH SHABAZZ TRUSTEE 1.00 X 0 0 0 BENJAMIN YANNUZZI TRUSTEE 1.00 X 0 0 0 BRADIE BARR TRUSTEE 1.00 X 0 0 0 CHARLES J MORTON JR TRUSTEE 1.00 X 0 0 0 CHERYL O'DONNELL GUTH TRUSTEE 1.00 X 0 0 0 CHRIS JEFFRIES TRUSTEE 1.00 X 0 0 0 CHRISSY THORNTON TRUSTEE 1.00 X 0 0 0 DAWN MOORE TRUSTEE 1.00 X 0 0 0 DEBORAH ST LAWRENCE THOMPSON TRUSTEE 1.00 X 0 0 0 DURRYLE BROOKS TRUSTEE 1.00 X 0 0 0 E HUTCHINSON ROBBINS JR TRUSTEE 1.00 X 0 0 0 EDWARD C BERNARD TRUSTEE 1.00 X 0 0 0 ELIZABETH J HIMELFARB HURWITZ TRUSTEE 1.00 X 0 0 0 HARRY THOMASIAN TRUSTEE 1.00 X 0 0 0 HUGH W MOHLER JR TRUSTEE 1.00 X 0 0 0 JANE WI DROPPA TRUSTEE 1.00 X 0 0 0 JED DIETZ TRUSTEE 1.00 X 0 0 0 JESSE SALAZAR TRUSTEE 1.00 X 0 0 0 JOHN MCCARDELL TRUSTEE 1.00 X 0 0 0 JULIE WOLF TRUSTEE 1.00 X 0 0 0 JULIET A EURICH TRUSTEE 1.00 X 0 0 0 KOBI LITTLE TRUSTEE 1.00 X 0 0 0 LETEIRI SCHNOR TRUSTEE 1.00 X 0 0 0 LUNA RAVENNA TRUSTEE 1.00 X 0 0 0 MEGAN GILLICK TRUSTEE 1.00 X 0 0 0 NIA BANKS TRUSTEE 1.00 X 0 0 0 PHILIP J RAUCH TRUSTEE 1.00 X 0 0 0 ROB DANIELS TRUSTEE 1.00 X 0 0 0 ROB FURLONG TRUSTEE 1.00 X 0 0 0 ROBERT E BURKS TRUSTEE 1.00 X 0 0 0 ROBERT W SMITH JR TRUSTEE 1.00 X 0 0 0 SCOTT SOMERVILLE TRUSTEE 1.00 X 0 0 0 SHARONNE BONARDI TRUSTEE 1.00 X 0 0 0 SHEELA MURTHY TRUSTEE 1.00 X 0 0 0 STEPHANIE SMITH TRUSTEE 1.00 X 0 0 0 WALTER B DOGGETT III TRUSTEE 1.00 X 0 0 0 CHRISTOPHER MARSHALL CHIEF RESOURCE OFFICER 40.00 X 100000 0 0 ADAM FRANK MANAGING DIRECTOR 40.00 X 22382 0 0 STEPHANIE YBARRA ARTISTIC DIRECTOR 40.00 X 206061 0 3939 328443 0 3939 1 0 1 0 0 35595 3278298 1588297 4902190 SEASON/SINGLE TICKETS 900099 687789 687789 EDUCATIONS WORKSHOPS 900099 51419 51419 REFRESHMENTS 900099 50110 50110 ADVERTISING 900099 2500 2500 791818 801630 801630 170 170 70179 0 70179 70179 70179 219116 35595 170374 48742 48742 MISCELLANEOUS 900099 65436 65436 65436 6680165 804644 2670 970661 332382 217674 90400 24308 3587747 2350417 975110 262220 14722 9357 4233 1132 266088 169107 76520 20461 609403 77591 531812 175234 116802 44924 13508 156073 109643 42170 4260 51038 51038 717081 466320 179181 71580 95835 91718 4037 80 45240 29406 11310 4524 86321 56109 21580 8632 EQUIPMENT & RENTAL MAIN 1373010 891521 346219 135270 PRODUCTIONS 780949 780949 FIRST AID AND SAFETY 41518 26987 10379 4152 STAFF 40562 27916 9507 3139 105720 46234 54571 4915 8478923 5518789 2401953 558181 1858870 1084281 41148 45077 892706 912700 230328 2042 271483 245689 39393726 15657623 24940152 23736103 13784942 14723110 42187 534658 370093 42554287 41161282 192897 182975 18480 165996 219268 896467 539055 77589 42739 1332949 1002517 X 27771487 26322922 13449851 13835843 41221338 40158765 42554287 41161282 -1798758 736186 0 X X 0 1 X 1 0 X 3875776 6207660 7072575 4834283 4866595 26856889 3875776 6207660 7072575 4834283 4866595 26856889 26856889 1375471 518514 1234850 1191371 801800 5122006 104562 213990 41812 65683 65436 491483 32470378 6283895 0.82710 0.80070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 104,562. 2019 AMOUNT: $ 213,990. 2020 AMOUNT: $ 41,812. 2021 AMOUNT: $ 65,683. 2022 AMOUNT: $ 65,436. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13494882 70001 1515724 394938 43553 14642116 16857382 20296 -2531372 797196 54228 13494882 13887270 19719 3845779 834240 61146 16857382 14317787 18884 807648 1200884 56165 13887270 14300170 17874 1227374 1166100 61531 14317787 0.08000 0.85000 0.07000 0 0 35322718 12869151 22453567 3448761 2373638 1075123 622247 414834 207413 23736103 LEASE LIABILITY 42739 42739 X 7416350 736185 736185 6680165 0 6680165 8478924 0 8478924 0 8478924 PART X, LINE 2: THE THEATER IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE THEATER DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE THEATER HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE THEATER MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE THEATER'S TAX POSITIONS AND HAS CONCLUDED THAT THE THEATER HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. GENERALLY, THE THEATER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. X X X X X X X MD GALA 254711 35595 219116 62840 9700 97834 254711 35595 219116 62840 9700 97834 170374 48742 X X X X 0 0 0 0 0 0 0 0 0 STEPHANIE YBARRA ARTISTIC DIRECTOR 176061 0 30000 0 0 0 0 0 3939 0 210000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF RESOURCE OFFICER IN COLLABORATION WITH THE DIRECTOR OF FINANCE PROVIDES PREPARATION INFORMATION TO COHNREZNICK LLP, THE RETURN PREPARER. A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE MANAGING DIRECTOR, DEVELOPMENT DIRECTOR, BOARD PRESIDENT, AUDIT AND FINANCE COMMITTEE CHAIR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL TRUSTEES AND OFFICERS AND TO ANY EMPLOYEE WHO CAN INFLUENCE THE ACTIONS OF CENTER STAGE. IT IS THE POLICY OF THE BOARD OF TRUSTEES THAT THE EXISTENCE OF ANY CONFLICT OF INTEREST SHALL BE DISCLOSED BEFORE ANY RELATED TRANSACTION IS CONSUMMATED. IT SHALL BE THE CONTINUING RESPONSIBILITY OF TRUSTEES, OFFICERS AND EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTEREST AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO MAKE SUCH DISCLOSURE. TRUSTEES, OFFICERS, AND EMPLOYEES WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHOULD NOT PARTICIPATE IN DISCUSSIONS OR VOTE ON MATTERS AFFECTING TRANSACTIONS GIVING RISE TO THE CONFLICT. A CONFLICT OF INTEREST QUESTIONNAIRE WILL BE DISTRIBUTED ANNUALLY TO ASCERTAIN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ON THE PART OF ALL CENTERSTAGE TRUSTEES. THE MANAGING DIRECTOR WILL RECOMMEND A LIST OF EMPLOYEES TO THE BOARD OF TRUSTEES COMMITTEE WHO SHOULD BE ASKED TO COMPLETE THIS QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 EVERY SEASON EMPLOYEE COMPENSATION IS EVALUATED AND COMPARED WITH DATA AVAILABLE THROUGH OUR PAYROLL PROVIDER AND WITH A TRADE ORGANIZATION, THEATRE COMMUNICATIONS GROUP. SALARY LEVELS ARE REVIEWED AND APPROVED BY THE MANAGING DIRECTOR, HUMAN RESOURCES AND/OR DIRECTOR OF FINANCE. THE MANAGING DIRECTOR AND ARTISTIC DIRECTOR'S COMPENSATION PACKAGE IS DETERMINED, REVIEWED AND APPROVED BY THE PRESIDENT OF THE BOARD OF TRUSTEES. EMPLOYMENT UNDERSTANDING MEMOS ARE ISSUED AND SIGNED BY EACH EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION AT OUR THEATERS'S OFFICES AND ARE AVAILABLE ELECTRONICALLY OR IN PAPER UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.