2024-05-23T09:36:29-04:00 2023-07-31 201416603 BALDWIN CPAS PLLC 10180 LINN STATION ROAD SUITE 200 LOUISVILLE KY 40223 990 2022-08-01 610902722 COMMONWEALTH THEATRE CENTER INC COMM 5025890084 1123 PAYNE STREET LOUISVILLE KY 40204 JIMI FITCH TREASURER 5023144322 2024-05-23 JIMI FITCH 999009999 true CHRISTOPHER HATCHER P00340931 5025849793 2024-05-23 2022 2023-04-26 12:10:37Z ELIZABETH ZIMMERMAN PHD 895182 false X WWW.COMMONWEALTHTHEATRE.ORG X 1976 KY DEVELOPING YOUTH AND OUR COMMUNITY THROUGH EXCELLENCE IN THEATRE EDUCATION AND PERFORMANCE. 11 11 19 300 0 459123 540017 317979 355165 54 0 1605 -14397 778761 880785 26626 5475 0 747592 743963 15704 63655 307964 324096 1082182 1089238 -303421 -208453 462068 336347 219242 289768 242826 46579 X DEVELOPING YOUTH AND OUR COMMUNITY THROUGH EXCELLENCE IN COMPREHENSIVE THEATRE EDUCATION AND PERFORMANCE. false false 740041 5475 COMMONWEALTH THEATRE CENTER (CTC), FORMERLY WALDEN THEATRE/BLUE APPLE PLAYERS (MERGED JANUARY 2015), PROVIDES A CONTINUUM OF THEATRE EDUCATION WITH A DEEP HERITAGE OF EXCELLENCE, INNOVATION, AND COMMITMENT TO LIFELONG LEARNING. FOR 48 YEARS, CTC PROGRAMS HAVE BEEN AN EFFECTIVE AND UNIQUE PART OF CREATIVE, ACADEMIC, SOCIAL, AND ECONOMIC DEVELOPMENT IN THE GREATER LOUISVILLE AREA AND BEYOND. IN FY23 CTC REACHED 12,485 YOUTH AND ADULTS THROUGH OUR OUTREACH, CONSERVATORY AND MAIN STAGE PERFORMANCES. ANNUALLY, CTC'S OUTREACH PROGRAMS SERVE OVER 50 SITES ACROSS THE REGION, WORKING WITH COMMUNITY CENTERS, LIBRARIES, AND MANY TITLE I SCHOOLS. CTCS CONSERVATORY DRAWS STUDENTS FROM MORE THAN 50 LOCAL SCHOOLS EACH YEAR AND HOSTS OVER 3,000 PATRONS IN OUR NANCY NILES SEXTON THEATRE. CTC'S MISSION IS TO DEVELOP YOUTH AND OUR COMMUNITY THROUGH EXCELLENCE IN COMPREHENSIVE THEATRE EDUCATION AND PERFORMANCE. OUR CONTINUUM OF LEARNING INCLUDES BLUE APPLE OUTREACH'S TOURING PRODUCTIONS AS WELL AS THE INTERDISCIPLINARY WORKSHOP AND RESIDENCY PROGRAMS THAT ENRICH SOCIAL, EMOTIONAL, AND ACADEMIC GROWTH. WITH A NO-AUDITION POLICY AND FINANCIAL AID FOR STUDENTS, THE WALDEN THEATRE CONSERVATORY INCLUDES INTENSIVE THEATRE TRAINING FOR YOUTH RANGING FROM INTRODUCTORY TO PROFESSIONAL, STUDENT-PRODUCED AND ACTED PERFORMANCES, AN ALUMNI PROGRAM, PROFESSIONAL PERFORMANCES, AND ADULT ACTING CLASSES. 740041 true true false false false false false false false false true false false false false true true false false false false false false true true false false false true false false false false false false false false false false false false false false false false false false true 26 0 true 19 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true false false false false false KY X X KELLYE SCHALCK 5025890084 1123 PAYNE STREET LOUISVILLE KY 40204 IAN FRANK MANAGING DIR 40.00 X 31113 0 3632 ANGELA MCCORKLE BUCKLER PAST PRESIDE 2.00 X X 0 0 0 KATHY CAMPBELL BOARD MEMBER 1.00 X 0 0 0 PATTI CLARE SECRETARY 2.00 X X 0 0 0 DR TAMEKKA CORNELIUS BOARD MEMBER 1.00 X 0 0 0 JIMI FITCH TREASURER 2.00 X X 0 0 0 MARK GOMSAK BOARD MEMBER 1.00 X 0 0 0 KEVIN HYDE BOARD MEMBER 1.00 X 0 0 0 BRAD KEETON BOARD MEMBER 1.00 X 0 0 0 TRICIA LISTER BOARD MEMBER 1.00 X 0 0 0 ELIZABETH ZIMMERMAN PHD BOARD PRESID 2.00 X X 0 0 0 ANITA STREETER VICE PRESIDE 2.00 X X 0 0 0 31113 3632 false false false 34031 119734 386252 8183 540017 TUITION 281679 281679 PROGRAM FEES 70329 70329 MISCELLANEOUS 3157 3157 355165 34031 14397 -14397 -14397 880785 355165 -14397 5475 5475 645601 449551 160357 35693 14865 10371 3670 824 34972 24326 8706 1940 48525 33783 12050 2692 32875 32875 15704 15704 82558 61614 20944 9448 9448 6630 4702 1594 334 5208 3694 1252 262 54927 49435 2746 2746 14121 14121 14751 13275 738 738 25674 18209 6173 1292 PROGRAM SUPPLIES 40762 40762 BANK FEES 16864 16864 MISCELLANEOUS 7471 5299 1796 376 TRAINING & DEVELOPMENT 6889 4886 1656 347 5918 5211 707 1089238 740041 285542 63655 222708 65383 21258 29965 35959 15020 23520 9610 515639 299270 158623 216369 462068 336347 4441 73588 4700 5494 150000 150000 41034 60686 19067 219242 289768 X 181376 46579 61450 242826 46579 462068 336347 X -208453 19000 -6794 X false true X true false X 639901 690149 814086 459123 540017 3143276 639901 690149 814086 459123 540017 3143276 111520 3031756 128 88 85 54 355 20118 19228 39346 3182977 2117877 0.95250 0.86470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 10000 319665 165086 154579 142924 134184 8740 43050 43050 216369 X 875310 -5475 -5475 880785 880785 1083763 -5475 -5475 1089238 1089238 SCHEDULE D, PAGE 3, PART X THE THEATRE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE THEATRE 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)(1). MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FASB ASC 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. SCHEDULE D, PAGE 4, PART XI, LINE 2D TUITION ASSISTANCE -5,475 SCHEDULE D, PAGE 4, PART XII, LINE 2D TUITION ASSISTANCE -5,475 false FALL FESTIVAL 26090 26090 8183 2962 26090 26090 8183 2962 11145 -11145 false TUITION ASSISTANCE 50 5475 FORM 990, PAGE 2, PART III, LINE 4A COMMONWEALTH THEATRE CENTER (CTC), FORMERLY WALDEN THEATRE/BLUE APPLE PLAYERS (MERGED JANUARY 2015), PROVIDES A CONTINUUM OF THEATRE EDUCATION WITH A DEEP HERITAGE OF EXCELLENCE, INNOVATION, AND COMMITMENT TO LIFELONG LEARNING. FOR 48 YEARS, CTC PROGRAMS HAVE BEEN AN EFFECTIVE AND UNIQUE PART OF CREATIVE, ACADEMIC, SOCIAL, AND ECONOMIC DEVELOPMENT IN THE GREATER LOUISVILLE AREA AND BEYOND. IN FY23 CTC REACHED 12,485 YOUTH AND ADULTS THROUGH OUR OUTREACH, CONSERVATORY AND MAIN STAGE PERFORMANCES. ANNUALLY, CTC'S OUTREACH PROGRAMS SERVE OVER 50 SITES ACROSS THE REGION, WORKING WITH COMMUNITY CENTERS, LIBRARIES, AND MANY TITLE I SCHOOLS. CTCS CONSERVATORY DRAWS STUDENTS FROM MORE THAN 50 LOCAL SCHOOLS EACH YEAR AND HOSTS OVER 3,000 PATRONS IN OUR NANCY NILES SEXTON THEATRE. CTC'S MISSION IS TO DEVELOP YOUTH AND OUR COMMUNITY THROUGH EXCELLENCE IN COMPREHENSIVE THEATRE EDUCATION AND PERFORMANCE. OUR CONTINUUM OF LEARNING INCLUDES BLUE APPLE OUTREACH'S TOURING PRODUCTIONS AS WELL AS THE INTERDISCIPLINARY WORKSHOP AND RESIDENCY PROGRAMS THAT ENRICH SOCIAL, EMOTIONAL, AND ACADEMIC GROWTH. WITH A NO-AUDITION POLICY AND FINANCIAL AID FOR STUDENTS, THE WALDEN THEATRE CONSERVATORY INCLUDES INTENSIVE THEATRE TRAINING FOR YOUTH RANGING FROM INTRODUCTORY TO PROFESSIONAL, STUDENT-PRODUCED AND ACTED PERFORMANCES, AN ALUMNI PROGRAM, PROFESSIONAL PERFORMANCES, AND ADULT ACTING CLASSES. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE, MANAGING DIRECTOR, BUSINESS ADMINISTRATOR, AND BOARD TREASURER REVIEW FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C WHENEVER A BOARD MEMBER HAS AN ACTUAL OR POTENTIAL FINANCIAL OR PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE BOARD, THE INTERESTED MEMBER(S), OR ANY MEMBER WITH KNOWLEDGE OF THE INTEREST, SHOULD FULLY DISCLOSE TO THE BOARD THE NATURE OF THE INTEREST. AFTER DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS, THE INTERESTED MEMBER(S) SHALL LEAVE THE MEETING WHILE THE DISINTERESTED BOARD MEMBERS DECIDE BY MAJORITY VOTE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD DECIDES A CONFLICT OF INTEREST EXISTS, THE BOARD WILL DIRECT THAT: 1.NO INTERESTED BOARD MEMBER MAY VOTE OR LOBBY ON THE MATTER OR BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT THE MEETING OF THE BOARD AT WHICH SUCH MATTER IS VOTED UPON; 2.ANY MATTER IN WHICH ANY BOARD MEMBER HAS A FINANCIAL OR PERSONAL INTEREST WILL ONLY BE APPROVED BY BOARD MEMBERS NOT SO INTERESTED AND ONLY IF IT IS DETERMINED TO BE IN THE BEST INTERESTS OF THE ORGANIZATION; 3.ANY APPROVED DIRECT OR INDIRECT PAYMENTS TO ANY INTERESTED BOARD MEMBER SHOULD BE REASONABLE AND NOT EXCEED FAIR MARKET VALUE; 4.THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION, AND RATIONALE FOR APPROVAL. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE ANY INTERESTED MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHOULD INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. IN FURTHERANCE OF THE POLICY, ALL BOARD MEMBERS WILL BE REQUIRED TO COMPLETE A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ON AN ANNUAL BASIS AND WHENEVER INFORMATION REPORTED ON THE FORM CHANGES OR THERE IS NEW INFORMATION RELEVANT TO CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 BOOK TO TAX DIFF -6,794