2024-01-15T11:53:29-06:00 2023-04-30 251031405 MCGILL POWER BELL & ASSOC LLP 180 MERCER STREET MEADVILLE PA 16335 990 2022-05-01 251605495 ACADEMY THEATRE FOUNDATION ACAD 8143378211 275 CHESTNUT STREET MEADVILLE PA 16335 JESSICA WHALEN TREASURER 8113378211 2024-01-15 1 JESSICA WHALEN 999009999 0 BRUCE A LAWRENCE P01329574 8147245890 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JESSICA WHALEN 275 CHESTNUT STREET MEADVILLE PA 16335 547113 0 X WWW.THEACADEMYTHEATRE.ORG X 1988 PA PROVIDE CULTURAL ACTIVITIES 13 13 13 125 0 0 391131 234824 133476 298944 5425 6296 6374 7049 536406 547113 0 0 0 0 84969 106915 0 0 726 226323 295624 311292 402539 225114 144574 1169041 1332720 18490 37129 1150551 1295591 TO BE A RECOGNIZED CENTER FOR THE PERFORMING ARTS IN NORTHWEST PENNSYLVANIA, AND AN INTEGRAL PART OF THE REGIONAL ARTS COMMUNITY. 0 0 380433 305463 THE ORGANIZATION OPERATES A THEATER TO PROVIDE CULTURAL, EDUCATIONAL AND CIVIC EVENTS FOR THE COMMUNITY. 380433 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 0 0 1 26 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA X BOARD OF DIRECTORS 8143378211 275 CHESTNUT STREET MEADVILLE PA 16335 X DENNIS FRAMPTON PRESIDENT 24.00 X X 0 0 0 JESSICA WHALEN TREASURER 24.00 X X 0 0 0 ALAN FLICK VICE PRESIDENT 24.00 X X 0 0 0 JANE M PICKENS BOARD MEMBER 4.50 X 0 0 0 JOAN CASTELLI SECRETARY 24.00 X X 0 0 0 ROBERT SMITH BOARD MEMBER 4.50 X 0 0 0 SHAWN CLERKIN BOARD MEMBER 4.50 X 0 0 0 ANNE LEONARD BOARD MEMBER 0.50 X 0 0 0 JOHN HODGES BOARD MEMBER 4.50 X 0 0 0 BRIAN PULITO BOARD MEMBER 4.50 X 0 0 0 TED WATTS BOARD MEMBER 0.50 X 0 0 0 AUTUMN LUNDIN WING PRESIDENT 1.00 X 0 0 0 NANCY BURNS BOARD MEMBER 4.50 X 0 0 0 LORI KOLLER BOARD MEMBER 4.50 X 0 0 0 0 0 0 0 0 0 0 0 97001 137823 234824 THEATRE EVENTS 711110 252580 252580 EVENT RENTALS 711110 25718 25718 CONSESSIONS, NOVELTIES 711110 16043 16043 EDUCATION CAMP 711110 4603 4603 298944 6261 6261 6826 0 6826 6826 6826 35 0 35 35 35 OTHER INCOME 711110 223 223 223 547113 305463 0 6826 98233 98233 8682 8682 6200 6200 16280 16280 23311 23311 6078 5352 726 14541 14541 53214 53214 8675 7847 828 EVENT PRODUCTION COSTS 110943 110943 REPAIR & MAINTENANCE 22155 22155 OTHER EXPENSE 13171 13171 TICKET EXPENSE 12056 12056 9000 9000 402539 380433 21380 726 271477 411142 2500 40 16828 55009 1558822 1026171 550691 532651 317348 324583 10197 9295 1169041 1332720 5919 30120 12571 7009 18490 37129 X 1142991 1243053 7560 52538 1150551 1295591 1169041 1332720 144574 466 0 X 1 X 0 0 0 X 204825 169561 233593 390985 234824 1233788 204825 169561 233593 390985 234824 1233788 1233788 6060 6060 6645 6300 6826 31891 9890 4200 143 73 224 14530 1280209 854492 0.96370 0.94970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10197 -791 111 9295 10354 -23 134 10197 7754 2707 107 10354 8621 -764 103 7754 8450 268 97 8621 1 0 17317 17317 1186561 771547 415014 354944 254624 100320 532651 X PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUND PRINCIPAL WILL BE MAINTAINED FOR GENERATION OF INVESTMENT INCOME; THE INVESTMENT INCOME DISTRIBUTED PER THE ENDOWMENT FUND CONTRACT WILL BE UTILIZED FOR GENERAL OPERATIONS. PART X, LINE 2: INTEREST AND PENALTIES RELATED TO INCOME TAX REPORTING ARE RECOGNIZED WHEN INCURRED AND ARE INCLUDED IN GENERAL AND ADMINISTRATIVE EXPENSES ON THE STATEMENT OF ACTIVITIES. MANAGEMENT HAS DETERMINED THE ORGANIZATION HAD NO ACTIVITIES SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT) DURING THE YEAR ENDED APRIL 30, 2022. THE ORGANIZATION HAS NOT BEEN SUBJECT TO ANY INCOME TAX PENALTIES OR INTEREST FOR THE OPEN TAX YEARS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO SUBMISSION OF FORM 990, A COPY IS REVIEWED BY THE ORGANIZATION'S TREASURER. THE TREASURER PROVIDES COPIES TO ALL BOARD MEMBERS AND ANSWERS ALL QUESTIONS RELATED TO THE FORM. FORM 990, PART VI, SECTION B, LINE 12C POLICY IS DISTRIBUTED ANNUALLY FOR BOARD MEMBERS REVIEW, DISCLOSURE IF APPLICABLE AND SIGNATURE FORM 990, PART VI, SECTION B, LINE 15 NO OFFICERS ARE COMPENSATED. KEY PERSONNEL COMPENSATION PACKAGES ARE REVIEWED AND RECOMMENDED BY COMMITTEE TO THE BOARD OF DIRECTORS FOR SUBSEQUENT REVIEW AND APPROVAL. COMPARISON COMPENSATION PACKAGES FOR LIKE-KIND ORGANIZATIONS AND KEY EMPLOYEES' RESPONSIBILITIES ARE EVALUATED IN DETERMINING TOTAL COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 MANAGEMENT PROVIDES DOCUMENTS TO THE PUBLIC UPON REQUEST.