2024-03-26T16:27:05-05:00 2023-06-30 043728817 TRONCONI SEGARRA & ASSOCIATES LLP 8321 MAIN STREET WILLIAMSVILLE NY 14221 990 2022-07-01 272403430 710 MAIN STREET INC 710M 7168471410 646 MAIN STREET BUFFALO NY 14202 ANDREW DAVIS TREASURER 7168471410 2024-03-26 1 ANDREW DAVIS 999009999 0 ADAM P OHAR CPA P00844640 7166331373 2024-03-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN HERBERT 646 MAIN STREET BUFFALO NY 14202 1138566 0 X WWW.SHEAS.ORG/710MAIN X 2010 NY TO STIMULATE, PROMOTE AND DEVELOP AN INTEREST AND APPRECIATION OF THE DRAMATIC AND PERFORMING ARTS WITHIN THE GREATER WESTERN NEW YORK, NIAGARA REGION, AND NORTHWESTERN PENNSYLVANIA COMMUNITIES BY PROVIDING THEATRE SPACE FOR AN ANNUAL PROGRAM OF LIVE PERFORMANCES, INCLUDING DRAMATIC PLAYS, MUSICALS, COMEDIES, CONCERTS, DANCE AND OTHER PERFORMING ARTS; AND TO PROMOTE, INDEPENDENTLY OR IN CONNECTION WITH OTHER ORGANIZATIONS, THEATRICAL AND OTHER PERFORMING ARTS PRODUCTIONS FOR THE BENEFIT, ENJOYMENT AND ENRICHMENT OF THE GREATER WESTERN NEW YORK, NIAGARA REGION, AND NORTHWESTERN PENNSYLVANIA COMMUNITIES. 17 17 0 96 1395 0 372258 57483 252340 1081083 0 0 28492 0 653090 1138566 0 0 0 0 0 0 0 0 0 787170 1949074 787170 1949074 -134080 -810508 1931284 1507166 2124642 2511032 -193358 -1003866 X TO STIMULATE, PROMOTE AND DEVELOP AN INTEREST AND APPRECIATION OF THE DRAMATIC AND PERFORMING ARTS WITHIN THE GREATER WESTERN NEW YORK, NIAGARA REGION, AND NORTHWESTERN PENNSYLVANIA COMMUNITIES BY PROVIDING THEATRE SPACE FOR AN ANNUAL PROGRAM OF LIVE PERFORMANCES, INCLUDING DRAMATIC PLAYS, MUSICALS, COMEDIES, CONCERTS, DANCE AND OTHER PERFORMING ARTS; AND TO PROMOTE, INDEPENDENTLY OR IN CONNECTION WITH OTHER ORGANIZATIONS, THEATRICAL AND OTHER PERFORMING ARTS PRODUCTIONS FOR THE BENEFIT, ENJOYMENT AND ENRICHMENT OF THE GREATER WESTERN NEW YORK, NIAGARA REGION, AND NORTHWESTERN PENNSYLVANIA COMMUNITIES. 0 0 1624181 1601987 DEVELOPING AND PROMOTING THE PERFORMING ARTS THROUGH THEATRE FEES DERIVED FROM OPERATIONS OF 710 MAIN STREET. 1624181 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 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 1 0 0 0 1 X 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JOHN F HERBERT 7168471410 646 MAIN STREET BUFFALO NY 14202 MICHAEL G MURPHY PRESIDENT/CEO 50.00 X 0 296143 14529 JOHN F HERBERT CFO/VP OF FINANCE AND ADMIN 50.00 X 0 165789 9220 RANDALL K BEST CHAIRPERSON 2.00 X X 0 0 0 JONATHAN A DANDES VICE CHAIRPERSON 2.00 X X 0 0 0 JAMES J EAGAN TREASURER 2.00 X X 0 0 0 LA VERNE MOSEY-MURPHY SECRETARY 2.00 X X 0 0 0 MARCO CERCONE ESQ TRUSTEE 1.00 X 0 0 0 ELIZABETH COTTON TRUSTEE 1.00 X 0 0 0 JESSICA CROCE TRUSTEE 1.00 X 0 0 0 ANDREW DAVIS TRUSTEE 1.00 X 0 0 0 DAVID FABIAN TRUSTEE 1.00 X 0 0 0 THOMAS LANG ESQ TRUSTEE 1.00 X 0 0 0 RUSSELL J MATUSZAK TRUSTEE 1.00 X 0 0 0 CYNTHIA RIPLEY TRUSTEE 1.00 X 0 0 0 MARYAM SALEEMI TRUSTEE 1.00 X 0 0 0 HEIDI S SALVA TRUSTEE 1.00 X 0 0 0 HON DONNA M SIWEK TRUSTEE 1.00 X 0 0 0 TONI VAZQUEZ TRUSTEE 1.00 X 0 0 0 DONALD WARE TRUSTEE 1.00 X 0 0 0 0 461932 23749 0 0 1 0 0 57483 57483 TICKET SALES 711190 998000 998000 THEATRE RENTALS 532000 34197 33147 1050 FACILITY FEES 711190 30840 30840 CONCESSION INCOME 711190 18046 345 17701 1081083 1138566 1061987 1395 17701 X 40000 40000 15200 15200 552318 476155 76163 135381 112666 22715 46595 46595 38195 38195 223656 178925 44731 15933 7292 8641 PRODUCTION GUARANTEES 572876 572876 LICENSEE SHARE 138390 138390 REPAIRS AND MAINTENANCE 32597 32597 137933 137877 56 1949074 1624181 324893 0 56114 56114 275000 100000 102012 79216 23878 2273532 946358 1243942 1327174 175000 0 1931284 1507166 107522 91236 7826 96000 2009294 2323796 2124642 2511032 X -541267 -1133871 347909 130005 -193358 -1003866 1931284 1507166 -810508 0 X 0 1 X 1 0 X 227214 246491 39399 372258 57483 942845 227214 246491 39399 372258 57483 942845 527031 415814 2 11 13 55086 14516 1395 70997 43617 30209 6000 28492 17701 126019 1139874 2521560 0.36480 0.32940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1837599 786092 1051507 435933 160266 275667 1327174 DUE TO SHEA'S O'CONNELL PRESERVATION GUILD, LTD. 2323796 2323796 1138566 0 1138566 0 1138566 1949074 0 1949074 0 1949074 0 0 0 0 0 0 0 0 0 MICHAEL G MURPHY PRESIDENT/CEO 0 296143 0 0 0 0 0 9346 0 5183 0 310672 0 0 JOHN F HERBERT CFO/VP OF FINANCE AND ADMIN 0 140789 0 25000 0 0 0 3000 0 6220 0 175009 0 0 PART I, LINE 3 MICHAEL G. MURPHY, PRESIDENT/CEO, IS PAID BY SHEA'S O'CONNELL PRESERVATION GUILD, LTD. (THE "GUILD"), A RELATED PARTY. ON AN ANNUAL BASIS, THE GUILD PROVIDES DOCUMENTATION TO ITS TRUSTEES WITH RESPECT TO THE COMPENSATION OF THE ORGANIZATIONS CEO FOR REVIEW AND APPROVAL. SUCH INFORMATION INCLUDES COMPARABLE DATA FROM SIMILAR SIZED TAX EXEMPT ORGANIZATIONS IN THE WESTERN NEW YORK COMMUNITY. REVIEW AND APPROVAL OF THE COMPENSATION ARRANGEMENT BY THE TRUSTEES OF THE GUILD IS DOCUMENTED IN THE ORGANIZATIONS PAYROLL RECORDS. FORM 990, PART V, LINE 2A: EMPLOYEES ARE PAID FROM SHEA'S O'CONNELL PRESERVATION GUILD, LTD. (THE "GUILD"), THE SOLE OWNER OF 710 MAIN STREET, INC. THE ORGANIZATION WILL REIMBURSE THE GUILD FOR THE AMOUNT OF PAYROLL EXPENSE THAT WAS INCURRED. ALL PAYROLL WILL BE REPORTED THROUGH SHEA'S O'CONNELL PRESERVATION GUILD, LTD. FORM 990, PART VI, SECTION A, LINE 3 EFFECTIVE JULY 1, 2013, SHEA'S O'CONNELL PRESERVATION GUILD, LTD. (THE "GUILD) ENTERED INTO A MANAGEMENT AGREEMENT WITH 710 MAIN FOR A FIVE-YEAR TERM WITH AN ADDITIONAL FIVE-YEAR AUTOMATIC EXTENSION, IN WHICH THE GUILD WAS APPOINTED AS 710 MAIN'S SOLE AND EXCLUSIVE REPRESENTATIVE, MANAGER, AND AGENT FOR THE PURPOSES OF SUPERVISING, MANAGING, PROMOTING, MAINTAINING, AND OPERATING 710 MAIN THEATRE. THIS AGREEMENT WAS AUTOMATICALLY EXTENDED AN ADDITIONAL FIVE-YEAR TERM EFFECTIVE JULY 2018 AND WILL AGAIN BE AUTOMATICALLY RENEWED FOR AN ADDITIONAL FIVE-YEAR TERM EFFECTIVE JULY 2023. MONTHLY MANAGEMENT FEES UNDER THE AGREEMENT ARE $3,333. TOTAL MANAGEMENT FEES INCURRED FOR THE YEAR ENDED JUNE 30, 2023 ARE $40,000. FORM 990, PART VI, SECTION A, LINE 6 SHEA'S O'CONNELL PRESERVATION GUILD, LTD. IS THE SOLE MEMBER OF 710 MAIN STREET, INC. FORM 990, PART VI, SECTION A, LINE 7A SHEA'S O'CONNELL PRESERVATION GUILD, LTD. (THE "GUILD") IS THE SOLE MEMBER OF 710 MAIN STREET, INC. THE GUILD WILL APPOINT AND REMOVE THE DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B ALL BOARD ACTIONS WILL BE SUBJECT TO APPROVAL BY THE SOLE MEMBER SHEA'S O'CONNELL PRESERVATION GUILD, LTD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR THEIR APPROVAL BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION WILL REVIEW ANY POTENTIAL CONFLICT OF INTEREST THAT MAY ARISE WHEN ENTERING INTO TRANSACTIONS OR ARRANGEMENTS THAT MAY BENEFIT THE INTEREST OF A BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/CEO AND VICE PRESIDENT OF FINANCE OF SHEA'S O'CONNELL PRESERVATION GUILD, LTD. (THE "GUILD"), THE SOLE OWNER OF 710 MAIN STREET, INC., ALSO HOLD THE SAME POSITIONS AT 710 MAIN STREET, INC. BOTH EMPLOYEES ARE PAID BY THE GUILD AND THE ORGANIZATION HAS ITS OWN PROCESS FOR REVIEW AND APPROVAL OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G REIMBURSED PAYROLL COSTS TO SHEA'S O'CONNELL PRESERVATION GUILD, LTD.: PROGRAM SERVICE EXPENSES 476,155. MANAGEMENT AND GENERAL EXPENSES 60,340. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 536,495. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,823. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,823. SHEA'S O'CONNELL PRESERVATION GUILD LTD 646 MAIN STREET BUFFALO NY 14202 161158412 PRESERVATION OF LOCAL THEATRE NY 501(C)(3) LINE 7 N/A 0 ALL FOR ONE THEATRE PRODUCTIONS LLC 646 MAIN STREET BUFFALO NY 14202 824669108 THEATRE PRODUCTIONS NY N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 SHEA'S O'CONNELL PRESERVATION GUILD LTD M 552318 SEE SCHEDULE R, PART VII SHEA'S O'CONNELL PRESERVATION GUILD LTD M 40000 SEE SCHEDULE R, PART VII SCHEDULE R, PART V: SHEA'S O'CONNELL PRESERVATION GUILD, LTD. (THE "GUILD"), THROUGH A MANAGEMENT AGREEMENT, WAS APPOINTED AS THE SOLE AND EXCLUSIVE REPRESENTATIVE, MANAGER, AND AGENT OF 710 MAIN STREET, INC. FOR THE PURPOSES OF SUPERVISING, MANAGING, PROMOTING, MAINTAINING, AND OPERATING 710 MAIN THEATRE. DURING THE YEAR ENDED JUNE 30, 2023, THE GUILD INCURRED OPERATING EXPENSES ON BEHALF OF 710 MAIN STREET, INC. AMOUNTS TOTALING $2,323,796 ARE RECORDED AS DUE TO SHEA'S O'CONNELL PRESERVATION GUILD, LTD. AS OF JUNE 30, 2023. THESE AMOUNTS ARE INTENDED TO BE REPAID TO THE GUILD BUT NO PAYMENTS HAVE BEEN MADE THROUGH THE YEAR ENDED JUNE 30, 2023. SCHEDULE R, PART V, LINE 2(1): EMPLOYEES OF 710 MAIN STREET, INC. ARE PAID FROM SHEA'S O'CONNELL PRESERVATION GUILD, LTD. TOTAL AMOUNTS OF PAYROLL, EMPLOYEE BENEFITS, AND TAXES INCURRED ON BEHALF OF 710 MAIN STREET, INC. WAS $552,318 DURING THE YEAR ENDED JUNE 30, 2023. THIS AMOUNT HAS BEEN RECORDED AS DUE TO SHEA'S O'CONNELL PRESERVATION GUILD, LTD FOR THE YEAR ENDED JUNE 30, 2023. SCHEDULE R, PART V, LINE 2(2): 710 MAIN STREET, INC. ("710 MAIN") ENTERED INTO A MANAGEMENT AGREEMENT WITH SHEA'S O'CONNELL PRESERVATION GUILD, LTD. (THE "GUILD) FOR A FIVE-YEAR TERM WITH AN ADDITIONAL FIVE-YEAR AUTOMATIC EXTENSION, IN WHICH THE GUILD WAS APPOINTED AS 710 MAIN'S SOLE AND EXCLUSIVE REPRESENTATIVE, MANAGER, AND AGENT FOR THE PURPOSES OF SUPERVISING, MANAGING, PROMOTING, MAINTAINING, AND OPERATING 710 MAIN THEATRE. MONTHLY MANAGEMENT FEES UNDER THE AGREEMENT ARE $3,333. TOTAL MANAGEMENT FEES INCURRED FOR THE YEAR ENDED JUNE 30, 2023 ARE $40,000. THE FEES INCURRED DURING THE MANAGEMENT AGREEMENT TERM HAVE NOT YET BEEN PAID TO THE GUILD AND ARE REFLECTED AS DUE TO SHEA'S O'CONNELL PRESERVATION GUILD, LTD. ON THE BALANCE SHEET AS OF JUNE 30, 2023.