2024-09-23T16:52:19-07:00 2024-06-30 112883699 SABEL & OPLINGER CPA PC 106 Prospect St Southampton NY 11968 990 2023-07-01 852656502 THE COMPLEX SAG HARBOR INC COMP 2127242345 57 WILLOWMERE CIRCLE RIVERSIDE CT 06878 ADAM POTTER Chairman 2024-09-23 true true ROBERT J STREBEL CPA P00435213 6312832370 2023 2024-08-08 14:25:15Z ADAM POTTER 57 WILLOWMERE CIRCLE RIVERSIDE CT 06878 29 false X N/A X NY Friends of Bay Street and Sag Harbor Redevelopment, Inc. is organized for the purposes which are exclosively charitable, educational, scientific, religious and literary within the meaning of section 501(c)(3) of the IRC of 1986. The charity will primarily accomplish these purposes by acquiring real property on the easten end of Long Island, New York and developing the real property by building a theater on the property to be dedicated to and to support and preserve the performing arts community in the area. Specifically, once the property has been acquired and the theater constructed, the theater will be used by Bay Street Theater Festival, Inc., a nonprofit performing arts organization. By doing so, the Charity will provide the local community with access to innovative, emerging, challenging and classic theater and performing arts. The charity's other activity will be to raise funds to support the project through capital campaign. 3 3 0 0 0 0 0 13 29 13 29 670000 22000 0 0 0 0 303594 9951 973594 31951 -973581 -31922 15436559 15404637 16264894 16264894 -828335 -860257 Friends of Bay Street and Sag Harbor Redevelopment, Inc. is organized for the purposes which are exclosively charitable, educational, scientific, religious and literary within the meaning of section 501(c)(3) of the IRC of 1986. The charity will primarily accomplish these purposes by acquiring real property on the easten end of Long Island, New York and developing the real property by building a theater on the property to be dedicated to and to support and preserve the performing arts community in the area. Specifically, once the property has been acquired and the theater constructed, the theater will be used by Bay Street Theater Festival, Inc., a nonprofit performing arts organization. By doing so, the Charity will provide the local community with access to innovative, emerging, challenging and classic theater and performing arts. The charity's other activity will be to raise funds to support the project through capital campaign. false false 23717 Acquiring real property on the eastern end of Long Island, NY and developing the real property by building a theater on the property to be dedicated to and to support and preserve the performing arts community in the area. 23717 true false false false false false false false false false true false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 3 3 false false false false false false false true true false false true true true true true true false false false NY X X FRIENDS OF BAY STREET AND SAG 2127242345 57 WILLOWMERE CIRCLE RIVERSIDE CT 06878 X ADAM POTTER President 20.00 0.00 X X 0 0 0 MARIE LAFERRARA Treasurer 1.00 0.00 X X 0 0 0 DANE SAYLES Secretary 1.00 0.00 X 0 0 0 0 false false false 0 0 0 0 0 0 0 0 0 0 0 29 29 29 0 22000 22000 0 0 0 0 0 0 0 0 0 8014 8014 0 0 0 0 0 0 270 50 220 0 0 0 0 0 0 0 0 0 1667 1667 0 31951 23717 8234 0 256383 224461 0 0 0 0 0 0 0 0 15180176 15180176 15180176 0 0 0 0 0 15436559 15404637 15764894 15764894 500000 500000 16264894 16264894 X -828335 -860257 -828335 -860257 15436559 15404637 -31922 X false false false X 322728 50000 372728 0 0 322728 50000 372728 0 372728 0 0 0 372728 X 0.00000 13091030 13091030 2089146 2089146 15180176 X 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 June 30, 2024. Accordingly, no provision for Federal or State income taxes is required. As of June 30, 2024, no amounts have been recognized for uncertain income tax positions. false 0 0 Form 990, Part VI, Section B, Line 11b The Treasurer and President will review and approve the forms prior to filing the tax returns. Form 990, Part VI, Section B, Line 12c conflicts reviewed annually. Form 990, Part VI, Section C, Line 19 No documents available to the public.