2024-11-21T14:59:11-06:00 2024-06-30 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2023-07-01 471431634 CABOT PERFORMING ARTS CENTER INC CABO 9789273100 286 CABOT STREET BEVERLY MA 01915 JOHN DRISLANE TREASURER 9789273100 2024-10-23 1 1 JOSEPH M GISO CPA MST P00030126 7819143400 2024-10-23 2023 2024-10-15 13:58:12Z THE CABOT JOHN DRISLANE 286 CABOT STREET BEVERLY MA 01915 9115052 0 X WWW.THECABOT.ORG X 2014 MA TO PRESERVE OUR HISTORIC THEATER AND BRING VIBRANCY TO THE COMMUNITY THROUGH DIVERSE PROGRAMMING THAT ENTERTAINS, EDUCATES, AND INSPIRES. 20 20 81 83 3597 457 1973683 2150278 4598253 5192063 16551 132100 532131 751073 7120618 8225514 0 0 0 0 1819583 2427790 0 0 479654 5031086 5503799 6850669 7931589 269949 293925 10052412 11032981 1794874 2411486 8257538 8621495 TO PRESERVE OUR HISTORIC THEATER AND BRING VIBRANCY TO THE COMMUNITY THROUGH DIVERSE PROGRAMMING THAT ENTERTAINS, EDUCATES, AND INSPIRES. 0 0 6524317 6104812 WE HAD OVER 130 LIVE EVENTS AND 100 MOVIES WITH ATTENDANCE GREATER THAN 100,000 COMBINED. WE CONTINUE TO GIVE BACK TO THE COMMUNITY WITH BOTH THE IN FOCUS FILM EDUCATION PROGRAM AND COMMUNITY CONVERSATIONS. THERE WERE 60 STUDENTS ENROLLED IN THE IN FOCUS PROGRAM THROUGH THE SCHOOL YEAR AND WE HELD 10 COMMUNITY CONVERSATIONS WITH ATTENDANCE GREATER THAN 1,000.OFF CABOT AND EVENTS IS VENUE SEATING APPROXIMATELY 120 PATRONS. LOCATED DOWN THE STREET FROM THE CABOT THEATRE, OFF CABOT FURTHER COMPLIMENTS THE MISSION OF THE CABOT THEATRE BY BRINGING LIVE COMEDY AND CULTURAL EVENTS IN AN INTIMATE SETTING. OFF CABOT HAD OVER 200 EVENTS SHOWCASING DIVERSITY AND OTHER CULTURAL GENRES. 6524317 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 202 0 1 81 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X JOHN DRISLANE TREASURER 9789273100 286 CABOT STREET BEVERLY MA 01915 JOHN C SOWARD EXECUTIVE DIRECTOR 40.00 X 239660 0 26182 AMY JAROMIN DIRECTOR OF FINANCE & ADMINISTRATION 40.00 X 108907 0 2927 ROBERT J STONEHAM DIR, FACILITIES & ADMIN 40.00 X 109003 0 10362 KIMBERLEY BALLARD DIR. SPONSORSHIP & DEVEP. 40.00 X 110083 0 0 JILL DAVIDSON-MOFFIE DIRECTOR, CONCERT & EVENT OPS 40.00 X 106864 0 10319 MARK JAFFE PRESIDENT/CHAIR/DIRECTOR 4.00 X X 0 0 0 MARTHA ACWORTH VICE PRESIDENT/VICE CHAIR/DIRECTOR 2.00 X X 0 0 0 JOHN DRISLANE TREASURER/DIRECTOR 4.00 X X 0 0 0 MICHAEL MILSOM SECRETARY/DIRECTOR 3.00 X X 0 0 0 THOMAS ALEXANDER DIRECTOR 1.00 X 0 0 0 JON BUTCHER DIRECTOR 1.00 X 0 0 0 HENRY BERTOLON DIRECTOR 1.00 X 0 0 0 JOSEPH CARLUCCI DIRECTOR 1.00 X 0 0 0 ANNIE BROWN COE DIRECTOR 1.00 X 0 0 0 JAMES DAWSON DIRECTOR 1.00 X 0 0 0 ALEX DEVEREAUX DIRECTOR 1.00 X 0 0 0 WILLIAM HOWARD DIRECTOR 1.00 X 0 0 0 STEPHEN IMMERMAN DIRECTOR 1.00 X 0 0 0 ELIZABETH LORING DIRECTOR 1.00 X 0 0 0 RICHARD MARINO DIRECTOR 1.00 X 0 0 0 DAVID R MASSE DIRECTOR 1.00 X 0 0 0 ROBERT MCINNES DIRECTOR 1.00 X 0 0 0 KEVIN O'CONNOR DIRECTOR 1.00 X 0 0 0 ANNA ROSSI DIRECTOR 1.00 X 0 0 0 THADDEUS SIEMASKO DIRECTOR 2.00 X 0 0 0 674517 0 49790 2 0 1 0 HEARD STRATEGY & STORYTELLING 250 W PELHAM RD SHUTESBURY MA 01072 MARKETING 144003 GUARDIAN SECURITY & PROTECTION 50 STRAWBERRY LANE CANTON MA 02021 EVENT SECURITY 117574 2 265226 1061391 823661 58225 2150278 EVENT REVENUE 711300 5171614 5171614 SPONSORSHIP - EVENT EXPENSES 711300 20449 20449 5192063 132692 132692 208658 51594 157064 157064 155607 1457 156649 157241 -592 -592 -592 221052 1061391 388675 -167623 -167623 1051310 292028 759282 757142 2140 CREDIT CARD POINT REDEMPTION 900099 2350 2350 2350 8225514 6104812 3597 -33173 567653 308291 170015 89347 1514120 822317 453485 238318 34287 18621 10269 5397 124049 67371 37154 19524 187681 101930 56211 29540 66238 15777 50141 320 660207 657283 101 2823 21412 9923 8164 3325 36135 14962 18301 2872 279284 224743 47336 7205 27657 13199 10116 4342 34953 34953 449886 422788 13550 13548 62582 58813 1884 1885 TAXES - UBIT 59 59 PERFORMANCE EXPENSES 3536376 3491838 1590 42948 TICKET EXPENSE 228047 228001 46 LICENSES/PERMITS/FEES 66337 62477 3860 34626 5983 10383 18260 7931589 6524317 927618 479654 2915623 4253527 270681 319681 434949 323444 26768 45802 135029 164093 8260961 2379727 6044878 5881234 126681 0 31792 20896 66011 24304 10052412 11032981 214601 308587 531013 1127930 916492 880235 132768 94734 1794874 2411486 X 8059126 7759404 198412 862091 8257538 8621495 10052412 11032981 293925 70032 0 X X 0 1 X 1 0 X 1640058 3565300 3022653 1941183 2150278 12319472 2908205 169960 2414015 4598253 6243373 16333806 4548263 3735260 5436668 6539436 8393651 28653278 164736 161575 487330 500167 851543 2165351 0 164736 161575 487330 500167 851543 2165351 26487927 59776 23120 221068 245635 341350 890949 59776 23120 221068 245635 341350 890949 5311 5311 4000 2950 2500 2350 11800 4613350 3762380 5660686 6787571 8737351 29561338 0.89600 0.91100 0.03010 0.02340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 325649 325649 6990315 1788655 5201660 875824 591072 284752 69173 69173 5881234 GIFT CARDS 73082 OPERATING LEASE LIABILITIES 21652 94734 X 9027845 70032 732299 802331 8225514 0 8225514 8663888 732299 732299 7931589 0 7931589 PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. INCOME RELATED TO THESE PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME WOULD BE TAXABLE ACCORDING TO APPLICABLE INTERNAL REVENUE CODE SECTIONS. THE PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN COMPUTED ON RENTAL INCOME AND RELATED CONCESSION SALES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE ORGANIZATION ACCRUES INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE ORGANIZATION FILES FEDERAL AND MASSACHUSETTS TAX RETURNS. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. THE ORGANIZATION HAD NO RETURNS UNDER EXAMINATION AS OF JUNE 30, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 292,028. DIRECT RENTAL EXPENSES 51,594. COST OF DIRECT BENEFITS 388,677. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 292,028. DIRECT RENTAL EXPENSES 51,594. COST OF DIRECT BENEFITS 388,677. BIG NIGHT 1246736 1047021 199715 473 1982 332658 13270 POLAR EXPRESS 35707 14369 21338 450 59 200 20695 1 39 800 18049 1282443 1061390 221053 923 2080 333658 52014 388675 -167622 X 0 0 0 0 0 0 0 0 0 JOHN C SOWARD EXECUTIVE DIRECTOR 239660 0 0 0 0 0 0 0 26182 0 265842 0 0 0 X AUCTION ITEMS 35 58225 SELLING PRICE 0 0 0 PART I, COLUMN (B)- THE NUMBER ENTERED REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED AT LEAST ANNUALLY WITH THE BOARD AND THE ORGANIZATION REQUIRES ANNUAL DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR TOP MANAGEMENT IS DETERMINED BY THE EXECUTIVE COMMITTEE, WHICH ALSO SERVES AS THE COMPENSATION COMMITTEE. THE COMMITTEE PERFORMS AN ANNUAL REVIEW OF TOP MANAGEMENT AT THE END OF EACH FISCAL YEAR AND MAKES APPROPRIATE CHANGES TO COMPENSATION AT THAT TIME. HOLIDAY BONUSES ARE ALSO DISCUSSED AND GRANTED BY THIS GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, TAX RETURNS (990 AND 990-T) AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 12, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.