2024-09-27T13:20:11-07:00 2023-12-31 112883699 SABEL & OPLINGER CPA PC 106 Prospect St Southampton NY 11968 990 2023-01-01 133628854 BAY STREET THEATRE FESTIVAL INC BAYS 6317250818 BAY STREET PO BOX 810 SAG HARBOR NY 11963 JOHN FRAWLEY Treasurer 2024-09-27 true true ROBERT J STREBEL CPA P00435213 6312832370 2023 2024-10-15 13:58:12Z JOHN FRAWLEY BAY STREET PO BOX 810 SAG HARBOR NY 11963 5013351 false X www.baystreet.org X 1990 NY BAY STREET THEATRE IS A REGIONAL THEATER PRESENTING NEW, CLASSIC AND CONTEMPORARY WORKS, WITH A COMMITTMENT TO CHALLENGING AND ENTERTAINING OUR DIVERSE COMMUNITY. THIS COMMITMENT EXTENDS TO INNOVATIVE EDUCATIONAL PROGRAMS THAT HIGHLIGHT THE POWER OF LIVE THEATER. IT IS OUR MISSION TO BE AN ARTISTIC HAVEN FOR AN EXTENDED FAMILY OF ARTISTS AND AUDIENCE, WHILE CONTINUING TO PROVIDE A GATHERING PLACE TO SHARE IN THE UNIQUE COLLECTIVE THEATRICAL EXPERIENCE. 19 18 137 200 0 3429759 2528465 1507758 1911027 9089 39918 -70756 146223 4875850 4625633 0 0 1687744 2464577 0 490241 3425849 2726314 5113593 5190891 -237743 -565258 1839195 2549136 255536 1530735 1583659 1018401 BAY STREET THEATRE IS A REGIONAL THEATER PRESENTING NEW, CLASSIC AND CONTEMPORARY WORKS, WITH A COMMITTMENT TO CHALLENGING AND ENTERTAINING OUR DIVERSE COMMUNITY. THIS COMMITMENT EXTENDS TO INNOVATIVE EDUCATIONAL PROGRAMS THAT HIGHLIGHT THE POWER OF LIVE THEATER. IT IS OUR MISSION TO BE AN ARTISTIC HAVEN FOR AN EXTENDED FAMILY OF ARTISTS AND AUDIENCE, WHILE CONTINUING TO PROVIDE A GATHERING PLACE TO SHARE IN THE UNIQUE COLLECTIVE THEATRICAL EXPERIENCE. false false 4194761 The production of theatrical plays including mainstage productions, comedies and musical events. 61207 EDUCATIONAL PROGRAMS FOR LOCAL SCHOOLS, INCLUDING RESIDENCY PROGRAMS AND INTERNSHIPS 4255968 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 71 0 true 137 true false false false false false false false 0 false false false false false false false X 19 18 false false false false false false false true true false false true true true true true true true true false NY X X BAY STREET THEATRE FESTIVAL 6317250818 BAY STREET SAG HARBOR NY 11963 TRACY MITCHELL PRES/EXEC DIR 40.00 0.00 X X 200000 0 0 CHRISTOPHER SIEFERT ASSIST ED 40.00 0.00 X 152750 0 2250 SCOTT SCHWARTZ DIRECTOR 40.00 0.00 X 75000 0 0 DAN GASBY Trustee 1.00 0.00 X 0 0 0 JOY BEHAR TRUSTEE 1.00 0.00 X 0 0 0 PATTY BAKER TRUSTEE 1.00 0.00 X 0 0 0 MALA SANDER TRUSTEE 1.00 0.00 X 0 0 0 JOHN FRAWLEY Treasurer 1.00 0.00 X X 0 0 0 ERIC SEGAL TRUSTEE 1.00 0.00 X 0 0 0 STEWART F LANE TRUSTEE 1.00 0.00 X 0 0 0 LUIGI CAIOLA TRUSTEE 1.00 0.00 X 0 0 0 MYRA HACKEL Trustee 1.00 0.00 X 0 0 0 STEVEN TODRYS CHAIRMAN 2.00 0.00 X X 0 0 0 RIKI KANE LARIMER TRUSTEE 1.00 0.00 X 0 0 0 RICHARD KIND TRUSTEE 1.00 0.00 X 0 0 0 CAROL KONNER TRUSTEE 1.00 0.00 X 0 0 0 CHRISTINE WACHTER-CAMPBELL Secretary 1.00 0.00 X X 0 0 0 FLORA SCHNALL Trustee 1.00 0.00 X 0 0 0 NINA LESAVOY Trustee 1.00 0.00 X 0 0 0 DAVID FINK Trustee 1.00 0.00 X 0 0 0 WENDY HARRISON HASHMALL Trustee 1.00 0.00 X X 0 0 0 427750 2250 2 false true false 0 366696 190500 1971269 161611 2528465 ADVERTISING 711110 EDUCATIONAL CLASSES 711110 123153 123153 OTHER INCOME 711110 50510 50510 PERFORMANCES 711110 1657272 1657272 THEATRE CONCESSIONS 711110 80092 80092 1911027 41087 41087 0 0 0 161611 162780 -1169 -1169 -1169 366950 366696 224938 142012 142012 0 0 CASH BACK REWARDS 4211 4211 4211 4625633 1914069 183099 0 0 0 0 430000 172667 175166 82167 0 2034577 1669894 44093 320590 0 0 0 0 0 0 0 0 0 133013 30934 99936 2143 198361 198361 147250 58900 58900 29450 0 0 370004 332277 18864 18863 0 0 0 0 0 57551 50547 3502 3502 87163 76555 5304 5304 PRODUCTION COSTS 1349900 1349900 CREDIT CARD DISCOUNTS 110013 88010 22003 REPAIRS AND MAINTENANCE 94664 83144 5760 5760 EDUCATIONAL PROGRAMS COSTS 61207 61207 117188 83572 33157 459 5190891 4255968 444682 490241 231672 295197 1235651 622710 0 4000 2000 0 0 0 0 12975 22423 1232627 903667 340735 328960 0 0 0 0 14162 1277846 1839195 2549136 148280 116016 107256 187817 1226902 255536 1530735 X 708659 723401 875000 295000 1583659 1018401 1839195 2549136 -565258 X false true X true false X 1937740 2166172 3158465 3208608 2895415 13366400 0 0 1937740 2166172 3158465 3208608 2895415 13366400 756625 12609775 6503 1724 4219 9089 39918 61453 0 0 13427853 5945311 0.93910 0.93600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 767946 527572 240374 389244 305016 84228 75437 71079 4358 328960 EQUITY BOND DEPOSIT 37714 Right of Use Assets 1226903 SECURITY DEPOSITS 13229 1277846 OPERATING LEASES PAYABLE 1226902 1226902 X 4850571 224938 224938 4625633 4625633 5415829 224938 224938 5190891 5190891 Part X : FIN48 Footnote The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Organization's tax-exempt purpose is subject to taxation as unrelated business income. In addition, the Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under Section 509(a)(2).There was no unrelated business income for the year ended December 31, 2023. Accordingly, no provision for Federal or State income taxes is required. As of December 31, 2023, no amounts have been recognized for uncertain income tax positions. The Organizations tax returns for the year 2020 and forward are subject to the usual review by the appropriate taxing authorities. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 FUNDRAISING EXPENSES $224938 Part XII, Line 2d: Other expenses and losses per audited F/S FUNDRAISING EXPENSES $224938 X X X X X X X false NY SUMMER GALA DINNER DANCE 699237 332287 366950 118625 OTHER EVENTS 34409 34409 106313 733646 366696 366950 224938 224938 142012 false false false false false false false false false CHRISTOPHER SIEFERT ASSIST ED 152750 2250 155000 TRACY MITCHELL PRES/EXEC DIR 200000 200000 5 161611 false false false Form 990, Part VI, Section B, Line 11b THE TAX RETURNS WERE SUBMITTED TO THE CHAIRMAN FOR REVIEW AND APPROVAL. HE DISTRIBUTED IT TO OTHER MEMBERS OF THE AUDIT AND FINANCE COMMITTEE FOR THEIR REVIEW AND UPON APPROVAL, IT WAS TRANSMITTED TO THE PREPARER. Form 990, Part VI, Section B, Line 12c FINANCE AND AUDIT COMMITTEE REVIEWS POLICY EACH YEAR. EXECUTIVE DIRECTOR DISCLOSES THE POLICY AND REVIEWS WITH EMPLOYEES AT STAFF MEETING. BOARD MEMBERS SIGN CONFLICT OF INTEREST DISCLOSURE FORMS ANNUALLY. Form 990, Part VI, Section B, Line 15a THE BOARD REVIEWS THE COMPENSATION ANNUALLY FOR THE SENIOR MEMBERS OF MANAGEMENT. The Executive director recuses herself from voting AND DISCUSSIONS pertaining to her compensation and benefits. THE BOARD PAYS SALARIES COMMEASURATE WITH THE INDUSTRY AND OTHER LOCAL CHARITIES. Form 990, Part VI, Section B, Line 15b BOARD DISCUSSION AND VOTING. THE BOARD PAYS SALARIES COMMEASURATE WITH THE INDUSTRY AND OTHER LOCAL CHARITIES. Form 990, Part VI, Section C, Line 19 POSTED ON GUIDESTAR WEBSITE AND AVAILABLE FOR PUBLIC VIEWING AT BAY STREET THEATRE OFFICE