2024-10-22T01:34:58-05:00 2023-12-31 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2023-01-01 872656228 UNITED THEATRE EDUCATION CENTER UNIT 4013152030 PO BOX 384 WESTERLY RI 02891 BARRY OKUN TREASURER 4013152030 2024-10-21 1 1 JOLANTA TUCK CPA P01340068 9592007000 2024-10-18 2023 2024-10-15 13:58:12Z BARRY OKUN PO BOX 384 WESTERLY RI 02891 170485 0 X UNITEDTHEATRE.ORG X 2021 RI TO OPERATE A MUSIC SCHOOL PRIMARILY FOR SCHOOL-AGE CHILDREN, OFFERING INDIVIDUAL INSTRUCTION AND ENSEMBLE CLASSES. 3 3 4 3 0 0 120446 32075 112351 138410 0 0 0 0 232797 170485 210 6988 0 0 117625 142795 0 0 0 13557 55634 131392 205417 101405 -34932 111619 123738 51306 98357 60313 25381 TO OPERATE A MUSIC SCHOOL PRIMARILY FOR SCHOOL-AGE CHILDREN, OFFERING INDIVIDUAL INSTUCTION AND ENSEMBLE CLASSES. 0 0 156277 6988 138410 TO OPERATE A MUSIC SCHOOL PRIMARILY FOR SCHOOL-AGE CHILDREN, OFFERING INDIVIDUAL INSTRUCTION AND ENSEMBLE CLASSES. 156277 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 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 1 3 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 RI X CARLY CALLAHAN 4013152030 PO BOX 384 WESTERLY RI 02891 X JOSEPH MICELI PRESIDENT 1.00 X X 0 0 0 ANNETTE MOZZONI VICE PRESIDENT 1.00 X X 0 0 0 ADRIANNE BOYNTON SECRETARY/TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 32075 1200 32075 MUSIC SCHOOL REVENUE 611710 138410 138410 138410 170485 138410 0 0 6988 6988 130440 130440 2864 2864 9491 9491 2520 2520 3195 1883 1312 2716 2716 12661 12661 20292 20292 REPAIRS & MAINTENANCE 8188 8188 SUPPLIES 1746 1746 4316 4316 205417 156277 49140 0 111619 101207 21610 921 111619 123738 5183 13382 46123 84975 51306 98357 X 60313 21115 4266 60313 25381 111619 123738 -34932 0 X 0 1 X 1 0 X X 1 THE OCEAN COMMUNITY UNITED THEATRE INC 463579526 10 1 0 156277 1 0 156277 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X 1 0 PART IV, SECTION E, LINE 2A: THE ORGANIZATION WAS FORMED TO CARRY OUT THE PURPOSES OF OCEAN COMMUNITY UNITED THEATRE INC (OCUT) AND ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT OCUT WOULD OTHERWISE HAVE TO PERFORM. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTERCO PAYABLE 46123 ACCRUED RENT EXPENSES 38852 84975 X PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FILES FEDERAL AND RHODE ISLAND TAX RETURNS, WHICH REPRESENT THE MAJOR TAX JURISDICTIONS OF THE ORGANIZATION. FEDERAL AND STATE TAX RETURNS PRIOR TO 2020 REMAIN OPEN FOR AUDIT UNDER THE VARIOUS STATUTES OF LIMITATIONS. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE AUDIT COMMITTEE. ONCE THE COMMITTEE HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH COVERS THE BOARD OF DIRECTORS AND ALL EMPLOYEES AND KEY CONTRACTED STAFF AND FAMILY MEMBERS. THESE PERSONS ARE REQUIRED TO DISCLOSE CONFLICTS UPON THEIR COMMENCEMENT OF THEIR RELATIONSHIP WITH THE ORGANIZATION, AND ANNUALLY THEREAFTER. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION NECESSARY TO ADDRESS THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST.