2024-05-15T14:58:59-04:00 2023-06-30 030496412 WIEBE HINTON HAMBALEK LLP 7090 N MARKS AVE STE 104 FRESNO CA 937110270 990 2022-07-01 870452722 LIBERTY RESTORATION INC LIBE 5033255922 1203 COMMERCIAL STREET ASTORIA OR 97103 JOSH STELLMON PRESIDENT 5033255922 2023-05-15 true JOSH STELMON 999009999 true R KEVIN HINTON P00854081 5594318334 2024-05-15 X 2022 2023-04-26 12:10:37Z JENNIFER CROCKETT 1203 COMMERCIAL STREET ASTORIA OR 97103 1169526 false X HTTP://WWW.LIBERTYASTORIA.ORG X 1998 OR FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE ORGANIZATION IS RESTORING AND MAINTAINING A HISTORIC THEATRE WHICH PROVIDES A FORUM FOR PERFORMING ARTISTS AND COMMUNITY EVENTS. AS A VITAL COMMUNITY PARTNER, THE HISTORIC LIBERTY THEATRE IS A REGIONAL GATHERING PLACE OFFERING A VARIETY OF PERFORMING ARTS EXPERIENCES AND EDUCATIONAL PROGRAMS. TEMPORARY PANDEMIC MISSION: THE LIBERTY THEATRE IS A CATALYST FOR THE PERFORMING ARTS ON THE NORTH OREGON COAST. ITS COLLABORATION WITH ARTISTS, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS FOSTERS HEALTHIER, STRONGER AND MORE VIBRANT COMMUNITIES. (ADOPTED APRIL 2020) 12 12 14 98 0 897709 558684 162388 498741 19 3384 148588 92948 1208704 1153757 0 0 257007 441580 0 155886 978115 1054008 1235122 1495588 -26418 -341831 5528880 5219328 211239 248484 5317641 4970844 X FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION'S MISSION: THE LIBERTY THEATRE IS A COMMUNITY GATHERING SPACE OFFERING A VARIETY OF PERFORMING ARTS EXPERIENCES. 21,000 ATTENDEES YEARLY. EDUCATIONAL PROGRAMMING THROUGH FREE WORKSHOPS, FIELD TRIPS, FREE THEATRE CAMPS, AFTER-SCHOOL PROGRAMS, AND LOW-COST PERFORMANCES. 2,725 STUDENTS SERVED YEARLY. DUE TO COVID-19, THE THEATRE WAS CLOSED TO PUBLIC EVENTS FOR NEARLY 18 MONTHS, RESULTING IN A SHORTFALL FROM LOST MARKETING, RETURNED TICKET FEES, REDUCED AUDIENCES, AND PERFORMANCE DEPOSITS. THEATRE DID NOT FULLY REOPEN UNTIL OCTOBER 2021. AUDIENCES WERE SLOW TO RETURN DUE TO UNCERTAINTY ABOUT THE VIRUS. HIGHER PROGRAM COSTS DUE TO REDUCED ENTERTAINMENT TOURING INDUSTRY AND HIGH COSTS OF PERFORMANCE FEES AND MARKETING. false true 985391 484209 COMMUNITY GATHERING SPACE OFFERING A VARIETY OF PERFORMING ARTS EXPERIENCES. 17,000 ATTENDEES YEARLY. DUE TO COVID-19 THE THEATRE WAS CLOSED TO PUBLIC EVENTS AS OF MARCH 13, 2020, RESULTING IN A SHORTFALL FROM LOST MARKETING, RETURNED TICKET FEES, REDUCED AUDIENCES, AND PERFORMANCE DEPOSITS. THEATRE DID NOT FULLY REOPEN UNTIL OCTOBER, 2021. AUDIENCES WERE SLOW TO RETURN DUE TO UNCERTAINTY ABOUT THE VIRUS. HIGHER PROGRAM COSTS DUE TO REDUCED ENTERTAINMENT TOURING INDUSTRY AND HIGH COSTS OF PERFORMANCE FEES AND MARKETING. 50822 14532 EDUCATIONAL PROGRAMMING THROUGH FREE WORKSHOPS, FIELD-TRIPS, FREE THEATRE CAMPS, AND LOW COST PERFORMANCES. 2,725 STUDENTS SERVED YEARLY. DUE TO COVID-19 THE THEATRE WAS CLOSED TO PUBLIC EVENTS AS OF MARCH 13, 2020, RESULTING IN A SHORTFALL FROM LOST MARKETING, RETURNED TICKET FEES, AND PERFORMANCE DEPOSITS. THEATRE DID NOT FULLY REOPEN UNTIL OCTOBER, 2021. PROGRAMS WITH THE SCHOOLS WILL NOT RESTART UNTIL FY 2022-2023 MAINTENANCE AND RENOVATION OF STAGE SUPPORT AREAS TO INCREASE INFRASTRUCTURE AND PROGRAMMING ABILITY OF OUR HISTORIC THEATRE.THEATRE DID NOT FULLY REOPEN UNTIL OCTOBER, 2021 WITH CAPITAL CAMPAIGN AND IMPROVEMENTS LARGELY SUSPENDED UNTIL 2023. 1036213 true true false false false false false true false false true false false false true false false false false false false false false false true false false false false false false false false true false false false false false false false false false false false false false true 38 0 14 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false OR X JENNIFER CROCKETT 5033255922 1203 COMMERCIAL STREET ASTORIA OR 97103 JENNIFER CROCKETT EXECUTIVE DI 40.00 X 59368 0 4980 RYAN BLUM DIRECTOR 2.00 X 0 0 0 MIKE BROSIUS TREASURER 1.00 X 0 0 0 BRETT ESTES DIRECTOR 1.00 X 0 0 0 EVERETT TOWSEY FRENCH JUNIOR DIREC 1.00 X 0 0 0 NORMA HERNANDEZ DIRECTOR 1.00 X 0 0 0 NATHAN LAMPSON DIRECTOR 1.00 X 0 0 0 ANN LEDERER SECRETARY 2.00 X X 0 0 0 MAURA LEDERER DIRECTOR 8.00 X 0 0 0 JULIE LEWIS DIRECTOR 1.00 X 0 0 0 ROSEMARY MCGRATH DIRECTOR 8.00 X 0 0 0 SUSAN NIELSON DIRECTOR 1.00 X 0 0 0 JOSH STELLMON PRESIDENT 4.00 X X 0 0 0 DEBORAH STENVALL DIRECTOR 1.00 X 0 0 0 DEN STENVALL DIRECTOR 1.00 X X 0 0 0 JESSE STRAUCH DIRECTOR 1.00 X 0 0 0 DULCYE TAYLOR VICE PRESIDE 2.00 X X 0 0 0 KATHERINE WATSON SECRETARY 1.00 X 0 0 0 59368 4980 false false false 166787 258776 133121 10669 558684 TICKET SALES 711110 401705 401705 CONCESSIONS SALES 711110 82183 82183 THEATRE RENTAL 711110 14532 14532 MERCHANDISE SALES 711110 321 321 498741 3384 843 2541 105859 15769 90090 90090 90090 166787 OTHER REVENUE 900099 2858 2858 2858 1153757 502442 92631 X 64348 44166 7220 12962 299986 170961 65335 63690 44687 8165 34932 1590 32559 21554 7076 3929 34425 34425 427950 400751 15497 11702 98287 97643 55 589 16039 7131 4510 4398 3393 2493 900 16591 10884 1252 4455 2679 2679 188486 188486 18872 18771 101 PRODUCTION SUPPLIES 62650 48140 337 14173 ARTIST HOSPITALITY 42423 42423 UTILITIES 42117 4090 38027 CONCESSIONS COGS 34765 34765 65331 143047 -113334 35618 1495588 1036213 303489 155886 150522 170446 137774 3684 278540 107540 47500 21359 7875907 2982909 4914544 4892998 23301 5528880 5219328 14371 7124 178327 18920 110000 18541 112440 211239 248484 X 5149712 4962378 167929 8466 5317641 4970844 5528880 5219328 -341831 -4966 X false false X 276180 722197 801859 897709 558684 3256629 276180 722197 801859 897709 558684 3256629 82340 3174289 124743 136564 118770 149036 91631 620744 3121 53420 84859 141400 4018773 1317374 0.78990 0.78310 X PART II, LINE 10 141,400 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X CULTURAL ENRICHMENT false 240484 240484 7329079 2751647 4577432 306344 231262 75082 4892998 LINE OF CREDIT 62440 PROMISSORY NOTE 50000 112440 SCHEDULE D, PAGE 4, PART XIII PART III, LINE 4: LIBERTY RESTORATION, INC. OWNS AND IS RESTORING A HISTORIC VAUDEVILLE THEATRE AND CINEMA IN THE ASTOR BUILDING, WHICH IS LISTED IN THE NATIONAL REGISTER OF HISTORIC PLACES. THE RESTORATION AND MAINTENANCE OF THIS THEATRE, WHICH PROVIDES A FORUM FOR PERFORMING ARTISTS AND COMMUNITY EVENTS, IS THE ORGANIZATION'S EXEMPT PURPOSE. THE THEATRE CONTAINS TWELVE HISTORIC OIL ON CANVAS MURALS DEPICTING VENETIAN CANAL SCENES BY JOSEPH KNOWLES. ANNUAL GALA 166787 166787 166787 166787 MIKE BROSIUS OFFICER/DIRECTOR BRIDGE LOAN X 110000 110000 false true true 110000 FORM 990 - ORGANIZATION'S MISSION FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION'S MISSION: THE LIBERTY THEATRE IS A COMMUNITY GATHERING SPACE OFFERING A VARIETY OF PERFORMING ARTS EXPERIENCES. 21,000 ATTENDEES YEARLY. EDUCATIONAL PROGRAMMING THROUGH FREE WORKSHOPS, FIELD TRIPS, FREE THEATRE CAMPS, AFTER-SCHOOL PROGRAMS, AND LOW-COST PERFORMANCES. 2,725 STUDENTS SERVED YEARLY. DUE TO COVID-19, THE THEATRE WAS CLOSED TO PUBLIC EVENTS FOR NEARLY 18 MONTHS, RESULTING IN A SHORTFALL FROM LOST MARKETING, RETURNED TICKET FEES, REDUCED AUDIENCES, AND PERFORMANCE DEPOSITS. THEATRE DID NOT FULLY REOPEN UNTIL OCTOBER 2021. AUDIENCES WERE SLOW TO RETURN DUE TO UNCERTAINTY ABOUT THE VIRUS. HIGHER PROGRAM COSTS DUE TO REDUCED ENTERTAINMENT TOURING INDUSTRY AND HIGH COSTS OF PERFORMANCE FEES AND MARKETING. FORM 990, PAGE 2, PART III, LINE 3 DUE TO THE PANDEMIC AND THE SLOW RECOVERY OF THE THEATER, THE CAPITAL CAMPAIGN TO IMPROVE STAGE SUPPORT AREAS HAS BEEN SUSPENDED UNTIL 2025. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE FULL BOARD FOR ADOPTION BEFORE BEING SIGNED BY THE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST AT MEETINGS WHEN APPLICABLE TO AN ISSUE UNDER DISCUSSION. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR SALARY WAS DETERMINED BY A COMMITTEE COMPRISED OF BOARD OFFICERS, MEMBERS OF THE HR COMMITTEE, AND COMMUNITY STAKEHOLDERS. THE INTERVIEW PROCESS INCLUDED RESEARCH OF COMPARABLE ORGANIZATIONS LOCALLY AND REGIONALLY. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE HR COMMITTEE, WITH INPUT AND ADOPTION BY THE FULL BOARD. FORM 990, PAGE 6, PART VI, LINE 15B THE FORM 990 IS REVIEWED BY THE FULL BOARD FOR ADOPTION BEFORE BEING SIGNED BY THE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES 17,880 1,135 3,825 PROGRAM SERVICES 665 0 0 PERFORMANCE FEES 338,588 7,500 0 BANK CHARGES & MERCHANT FEES 10,741 948 350 LICENSES & FEES 11,499 2,382 6,705 TICKETING FEES 21,378 3,532 822 TOTAL 400,751 15,497 11,702