2024-10-11T10:46:44-07:00 2023-12-31 150625503 Mostert Manzanero & Scott LLP 4 Associate Dr Oneonta NY 13820 990 2023-01-01 161512454 FRANKLIN STOCK COMPANY AT CHAPEL HALL INC FRAN 6078293700 PO BOX 821 FRANKLIN NY 13775 PATRICIA BUCKLEY EX-OFFICIO/AD 2024-10-11 true true ANTHONY T MANZANERO P00286147 6074328700 2023 2024-10-15 13:58:12Z PO BOX 821 FRANKLIN NY 13775 266791 false X FRANKLINSTAGECOMPANY.ORG X 1996 NY The Franklin Stock Company at Chapel Hall, Inc. was established as a not-for-profit corporation under Section 402 of the Not-for-Profit Corporation Law of New York State to assume ownership of Masonic Hall (formerly known as Chapel Hall) located at 25 Institute Street in Franklin, New York and operate there a professional summer theatre as well as other cultural and community activities, and other charitable functions. Two goals converge in this project. The first is cultural. We aim, through innovative and accessible productions of plays from the classical repertory, as well as some of the finest plays of the 20th century, to stimulate interest in live theatre and to enrich the lives of area residents and visitors. The second goal is the preservation of Franklin's beautiful Chapel Hall, a building listed on the National Register of Historic Places. We want to ensure that the building will continue to serve as a center of community activity as it has for generations. 6 6 2 45 0 231751 214689 46965 39348 6514 4417 -25188 8337 260042 266791 0 0 93078 112881 0 13406 153575 166273 246653 279154 13389 -12363 609803 611584 1872 16016 607931 595568 The Franklin Stock Company at Chapel Hall, Inc. was established as a not-for-profit corporation under Section 402 of the Not-for-Profit Corporation Law of New York State to assume ownership of Masonic Hall (formerly known as Chapel Hall) located at 25 Institute Street in Franklin, New York and operate there a professional summer theatre as well as other cultural and community activities, and other charitable functions. Two goals converge in this project. The first is cultural. We aim, through innovative and accessible productions of plays from the classical repertory, as well as some of the finest plays of the 20th century, to stimulate interest in live theatre and to enrich the lives of area residents and visitors. The second goal is the preservation of Franklin's beautiful Chapel Hall, a building listed on the National Register of Historic Places. We want to ensure that the building will continue to serve as a center of community activity as it has for generations. false false 183561 39348 We aim, through innovative and accessible productions of plays from the classical repertory, as well as some of the finest plays of the 20th century, to stimulate interest in live theatre and to enrich the lives of area residents and visitors. The second goal is the preservation of Franklin's beautiful Chapel Hall, a building listed on the National Register of Historic Places. We want to ensure that the building will continue to serve as a center of community activity as it has for generations. 183561 true true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 26 0 true 2 true false false false false false false false 0 false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false X X JOS VULTO 6078293700 PO BOX 821 FRANKLIN NY 13775 PATRICIA BUCKLEY EX-OFFICIO/AD 5.00 0.00 X 50000 0 0 KATHLEEN MASTERSON Secretary 3.00 0.00 X X 0 0 0 CHRIS O'CONNOR Director 3.00 0.00 X 0 0 0 JOS VULTO Treasurer 3.00 0.00 X X 0 0 0 JACQUELINE PEREZ Director 3.00 0.00 X 0 0 0 JENNIFER MILESKI President 3.00 0.00 X X 0 0 0 TOM SPYCHALSKI Vice President 1.00 0.00 X X 0 0 0 50000 0 false false false 0 49500 165189 214689 PERFORMANCE COLLECTION 39348 39348 39348 4417 4417 0 0 0 0 0 0 0 PERPETUAL TRUST CHANGE 8337 8337 8337 266791 47685 4417 0 0 0 0 50000 25000 20000 5000 0 39600 19800 15840 3960 0 0 23281 11641 9312 2328 0 0 9075 9075 0 0 0 6301 3151 2520 630 27550 22039 4133 1378 2207 331 1766 110 0 3807 3807 1200 1200 0 0 0 0 0 19203 19203 5888 5888 PRODUCTION MATERIALS 53147 53147 REPAIRS & MAINTANCE 12352 3706 8646 LODGING & MEALS 10412 10412 ACTORS/ACTRESSES COST 7972 7972 7159 2152 5007 279154 183561 82187 13406 104430 117004 0 0 13450 0 0 0 0 0 1587 515 609955 234184 380379 375771 0 0 0 0 109957 118294 609803 611584 1872 5233 5400 5383 1872 16016 X 505602 477274 102329 118294 607931 595568 609803 611584 -12363 X true X false true false X 156276 150370 170739 224685 207939 910009 0 0 156276 150370 170739 224685 207939 910009 0 910009 2284 1891 1353 6514 4417 16459 0 44326 2828 21123 46965 39348 154590 1081058 19582 0.84180 0.85330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70000 47415 22585 513619 173534 340085 26336 13235 13101 375771 PERPETUAL TRUST 118294 118294 5383 5383 Form 990, Part VI, Section B, Line 11b It shall be the policy of the Franklin Stock Company at Chapel Hall, Inc. d/b/a Franklin Stage Company (hereinafter "FSC") to have Form 990 reviewed by its Board of Trustees each year prior to filing with the Internal Revenue Service.Said review can be completed during the course of a regularly scheduled FSC meeting at which a quorum is present. In the event no meeting is scheduled prior to the due date of filing Form 990, the Board of Trustees may review and approve said form electronically with all approvals being forwarded to the Treasurer and/or Executive Director of FSC. Form 990, Part VI, Section B, Line 12c Each director, principal officer, and member of a committee with Board delegated powers shall annually sign a statement, which affirms that such person:a)Has received a copy of the Conflict of Interest Policy of the Corporation;b)Has read and understands that Policy;c)Has agreed to comply with that Policy; d)Understands that the Corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes; ande)Discloses any potential conflicts of interest in writing.On an annual basis, all transactions discussed and identified as Conflicts of Interest will be evaluated by the disinterested persons as to whether the transaction meets the requirements of a fair and reasonable transaction in accordance with the NYS Attorney General's guidance. Form 990, Part VI, Section B, Line 15a The Executive Committee must determine before the compensation of any senior officer is changed, that the compensation to be paid to the officer is reasonable. When determining whether an officer's compensation or any change to an officer's compensation is reasonable, the Executive Committee must compare the compensation to be paid to the officer with the compensation paid to the equivalent senior officers from charitable cultural organizations operating in metropolitan areas that have comparable revenues, employees and service populations.The Executive Committee must obtain this comparison data from an expert source or from industry surveys conducted by an independent source. If no independent source is available, the Executive Committee may obtain comparable data by documenting the compensation paid to officers holding similar positions in similar organizations. Form 990, Part VI, Section B, Line 15b THE BOARD OF DIRECTORS ARE NOT COMPENSATED. Form 990, Part VI, Section C, Line 19 REQUESTS FOR COPIES OF THESE DOCUMENTS MAY BE SUBMIT IN WRITTING TO THE ORGANIZATION ADDITIONALLY THE MANY DOCUMENTS ARE AVAILABLE ON THE CHARITIES BUREAU WEBSITE.