2024-05-16T10:14:45-05:00 2022-09-30 833550689 ORSAK LANGNER & BARTHEL PLLC 520 POST OAK BLVD SUITE 400 HOUSTON TX 77027 990 2021-10-01 760319276 THE PLAZA THEATRE INC PLAZ 9792822226 PO BOX 1067 WHARTON TX 774881067 HENRI ANN NORTMAN PRESIDENT 9792822226 2024-05-16 HENRI ANN NORTMAN 999009999 MICHAEL W ORSAK CPA P00156501 7136215000 2024-05-08 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z HENRI ANN NORTMAN PO BOX 1067 WHARTON TX 774881067 388662 0 X HTTPS://WHARTONPLAZATHEATRE.ORG/ X 1990 TX THE ORGANIZATION MAINTAINS A REGIONAL ICONIC PERFORMANCE BUILDING IN DOWNTOWN WHARTON, TX WHICH WAS ORIGINALLY BUILT CIRCA 1904. THE BUILDING HAS HISTORICALLY BEEN USED FOR COMMUNITY ACTIVITIES AND ENTERTAINMENT, AND THE PLAZA THEATRE CONTINUES THE TRADITION OF PROVIDING LIVE ENTERTAINMENT FOR WHARTON COUNTY AND THE SURROUNDING AREA. EMPHASIS IS PLACED ON THE RESTORATION OF THE BUILDING TO ITS ORIGINAL APPEARANCE, THUS PRESERVING SOME OF THE HISTORY OF WHARTON COUNTY. THE ORGANIZATION, ALONG WITH BRINGING LIVE CULTURAL ENTERTAINMENT INSIDE THE BUILDING, TAKES THE OPPORTUNITY AT EACH PERFORMANCE TO EDUCATE THE PUBLIC ABOUT THE HISTORICAL SIGNIFICANCE OF THE PLAZA THEATRE AND SURROUNDING BUILDINGS ON THE COURTHOUSE SQUARE IN DOWNTOWN WHARTON, TX. 14 14 2 100 0 0 71323 64179 46355 80060 167797 98830 26199 32337 311674 275406 0 1500 0 0 51298 37909 0 0 0 168373 168645 219671 208054 92003 67352 1856250 1482761 3824 7711 1852426 1475050 SCHEDULE O 0 0 192763 1500 193649 SEVERAL LIVE PLAYS, MUSICALS, COMMUNITY THEATRE EVENTS, AND SPECIAL PERFORMANCES ARE HELD EACH YEAR AT THE PLAZA. NET REVENUES GENERATED BY THE PRODUCTIONS ARE USED FOR THE CONTINUING PROJECT OF RESTORING THE HISTORICAL PLAZA THEATRE BUILDING IN WHICH THE PRODUCTIONS ARE PRESENTED. A PORTION OF THE NET REVENUES ARE ALSO USED TO FUND FUTURE PRODUCTIONS. 192763 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 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 1 6 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X JULIE AARONSON 9792822226 P O BOX 1067 WHARTON TX 774881067 X HENRY BAADE BOARD MEMBER 5.00 X 0 0 0 RACHEL HELMICK BOARD MEMBER 5.00 X 0 0 0 MOLLY KRESTA BOARD MEMBER 5.00 X 0 0 0 KATRESE SKINNER BOARD MEMBER 5.00 X 0 0 0 TONY BONE BOARD MEMBER 5.00 X 0 0 0 JAMI HUGHES BOARD MEMBER 5.00 X 0 0 0 LAUREN ORSAK BOARD MEMBER 5.00 X 0 0 0 ADRAYLLE WATSON BOARD MEMBER 5.00 X 0 0 0 HENRI ANN NORTMAN PRESIDENT 5.00 X 0 0 0 KENNETH SOCHA VP/OPERATIONS 5.00 X 0 0 0 QUINN WRENCH VP/OPERATIONS 5.00 X 0 0 0 RUSSELL KACER VP/COMMUNICATIONS 5.00 X 0 0 0 JULIE AARONSON TREASURER 5.00 X 0 0 0 SARAH WILKINS SECRETARY 5.00 X 0 0 0 0 0 0 0 0 0 0 0 29475 3777 30927 64179 PRODUCTIONS 711110 78045 78045 YOUTH WORKSHOP 711110 2015 2015 80060 81090 81090 83694 65954 17740 17740 17740 53478 3777 35900 17578 17578 1860 0 1860 1860 20011 11402 8609 8609 OTHER INCOME 711110 4290 4290 4290 275406 193649 0 17578 1500 1500 37909 37909 14397 14397 11390 10801 589 36352 36352 2941 2636 305 100 100 36090 36090 2716 2716 2490 2490 12380 12380 PRODUCTION EXPENSES 20146 20146 ROYALTIES 10853 10853 AUDIENCEVIEW 9296 9296 CREDIT CARD FEES 6051 6051 3443 3443 208054 192763 15291 0 41792 32105 471 486482 456465 30017 30017 1782470 1420639 1500 1856250 1482761 3824 7711 3824 7711 X 0 0 0 0 1852426 1475050 1852426 1475050 1856250 1482761 67352 -444728 0 X 0 0 0 X 36616 45279 41132 71323 119517 313867 55989 104362 160351 36616 45279 41132 127312 223879 474218 0 0 0 474218 58519 38846 97365 58519 38846 97365 36616 45279 41132 185831 262725 571583 0.82970 0.17030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30017 30017 409353 409353 0 47112 47112 0 30017 LAMPLIGHTER GALA 57255 3777 53478 500 1539 23733 3000 7128 57255 3777 53478 500 1539 23733 3000 7128 35900 17578 1860 0 1860 1860 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ORGANIZATION VOTE TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TAX RETURN IS PREPARED BY AN INDEPENDENT CPA. BEFORE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE, THE BOARD OF DIRECTORS IS GIVEN THE OPPORTUNITY TO REVIEW THE RETURN. ANY QUESTIONS CONCERNING THE RETURN ARE THEN REFERRED TO THE INDEPENDENT CPA WHO PREPARED THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C AS STATED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY: ARTICLE III, PROCEDURES: 1. DUTY TO DISCLOSE - IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS WHO ARE MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE TRANSACTION OF ARRANGEMENT. 2. DETERMINING WHEREAS CONFLICTS OF INTEREST EXIST - AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED ON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OF COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OF COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM THE PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGMENT IS NOT REASONABLY POSSIBLE, UNDER CIRCUMSTANCES NOT PRODUCING CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. 4. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY A. IF A GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATIONS AS WARRANTED BY CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE THE APPROPRIATE DISCIPLINARY AND CORRECT ACTION. ARTICLE VI, ANNUAL STATEMENTS EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF THE COMMITTEE WITH THE GOVERNING BOARD DELEGATED POWER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH A PERSON: A. HAD RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY. B. HAS READ AND UNDERSTANDS THE POLICY. C. HAD AGREED TO COMPLY WITH THE POLICY. D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FOR MANY YEARS, THE PLAZA THEATRE, INC. (THE ORGANIZATION) HAD ITS FORM 990 PREPARED AND FILED BY A LOCAL CPA ON A PRO BONO BASIS. HE RETIRED AT THE END OF 2022. WE THEREFORE CONTACTED ANOTHER LOCAL CPA FIRM TO ARRANGE FOR THEM TO TAKE OVER THE ACCOUNTING WORK FOR THE ORGANIZATION. WE SIGNED AN ENGAGEMENT LETTER WITH THE NEW FIRM IN NOVEMBER OF 2022 AND WE PROVIDED THEM THE INFORMATION TO PREPARE OUR FORM 990. AFTER SEVERAL MONTHS OF ALMOST NO CONTACT FROM THE ACCOUNTING FIRM, WE DISCOVERED THAT THE PARTNER WITH WHOM WE HAD SIGNED THE ENGAGEMENT LETTER HAD LEFT HIS FIRM SHORTLY AFTERWARD. HE ASSUMED THAT HIS FORMER FIRM WOULD CONTINUE TO SERVICE OUR ACCOUNT. FOR REASONS UNKNOWN TO US, THE ACCOUNTING FIRM NEVER DID ANY WORK AND DID NOT PREPARE OR FILE OUR FORM 990.WHEN IT BECAME CLEAR THAT WE WOULD NOT BE RECEIVING SERVICES FROM THAT FIRM, WE SEARCHED FOR ANOTHER CPA FIRM TO HANDLE OUR RETURNS. WE CONTACTED MULTIPLE CPA FIRMS IN OUR SMALL RURAL COUNTY AND ALL WERE EITHER NOT TAKING NEW CLIENTS OR WERE NOT COMFORTABLE WITH PREPARING FORM 990S. AFTER A DILIGENT SEARCH, WE WERE ABLE TO FIND A CPA FIRM IN HOUSTON, TX WHO WAS WILLING TO TAKE ON OUR WORK. WE TRANSMITTED OUR FINANCIAL INFORMATION TO THEM IN NOVEMBER OF 2023. THEY HAVE WORKED DILIGENTLY TO PREPARE OUR OUTSTANDING 990'S. THEIR WORK WAS MADE MORE DIFFICULT BECAUSE OUR PRIOR CPA DID NOT TRANSMIT HIS WORK PRODUCT TO US, AND WE REALIZED WE WOULD NEED TO AMEND OUT 2020 FORM 990.