2025-12-02T11:21:17-05:00 2025-07-31 BRUCE E BERNSTIEN & ASSOCIATES 10440 N CENTRAL EXPRESSWAY STE 1040 DALLAS TX 75231 990 2024-08-01 751961619 UNDERMAIN THEATRE % BRUCE DUBOSE UNDE 2147471424 PO Box 140193 DALLAS TX 75214 BRUCE DUBOSE ARTISTIC DIRECTOR 2147471424 2025-12-02 true true BRUCE E BERNSTIEN P01424343 2147060840 2024 2025-03-06 01:10:19Z BRUCE DUBOSE PO Box 140193 DALLAS TX 75214 989491 false X WWW.UNDERMAIN.ORG X 1984 TX Undermain Theatre is a company of artists seeking to inspire, educate and challenge audiences through its production of innovative theater. 16 14 8 25 0 717298 672209 54863 73105 25903 84093 21969 3612 820033 833019 10000 10000 0 0 378596 394285 0 0 128674 436867 502852 825463 907137 -5430 -74118 1569242 1374715 73003 68091 1496239 1306624 UNDERMAIN THEATRE IS A COMPANY OF ARTISTS SEEKING TO INSPIRE, EDUCATE AND CHALLENGE AUDIENCES AND ARTISTS THROUGH ITS PRODUCTION OF INNOVATIVE THEATER WITH PARTICULAR INTEREST IN POETIC AND LANGUAGE-DRIVEN WORK. false false 694292 10000 73105 The Theatre produced 5 live productions during the year. 694292 true true false false false false false false false false true false false false true true true 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 57 0 true 8 true false false false false false true true false false false false false false X 16 14 false false false false false false false true true false false true true true true true true true true false X BRUCE DUBOSE 2147471424 PO BOX 140193 DALLAS TX 75214 Bruce Dubose PRODUCING ARTISTIC DIRECTOR 40.0 0.0 X X 73991 0 0 ANTHONY RAMIREZ MANAGING PRODUCER 30.0 0.0 X 33000 0 0 Johnette Alter DIRECTOR 1.0 0.0 X 0 0 0 Deborah Nugent TREASURER 5.0 0.0 X X 0 0 0 TRAVIS COBBS DIRECTOR 1.0 0.0 X 0 0 0 Graham Greene DIRECTOR 1.0 0.0 X 0 0 0 Ashley Kisner DIRECTOR 1.0 0.0 X 0 0 0 DEIKA ELMI DIRECTOR 1.0 0.0 X 0 0 0 Lin Medlin PRESIDENT 5.0 0.0 X X 0 0 0 Bill Swart SECRETARY 5.0 0.0 X X 0 0 0 Angus Wynne III DIRECTOR 1.0 0.0 X 0 0 0 KAROL OMLOR DIRECTOR 1.0 0.0 X 0 0 0 DONOVAN MILLER DIRECTOR 1.0 0.0 X 0 0 0 CRAIG WALTERS DIRECTOR 1.0 0.0 X 0 0 0 KATHERINE SHARP DIRECTOR 1.0 0.0 X 0 0 0 MARY VERNON DIRECTOR 1.0 0.0 X 0 0 0 JOSHUA TERRY DIRECTOR 1.0 0.0 X 0 0 0 DAN SOLERO DRECTOR 1.0 0.0 X 0 0 0 106991 0 0 0 false false false 0 672209 672209 TICKET AND CONCESSION SALES 711110 73105 73105 73105 22558 22558 0 0 0 0 0 218007 156472 61535 61535 61535 0 0 0 0 0 0 0 0 0 BENEFICIAL INTEREST-CHANGE IN VALUE 3612 3612 3612 833019 73105 87705 0 10000 10000 0 0 154537 144140 10397 0 188972 76991 10905 101076 2802 827 1975 21862 21862 26112 16760 1576 7776 0 0 23019 23019 0 0 0 277167 276749 35 383 17837 17837 17534 13422 4112 11811 6425 1103 4283 0 61074 54012 4412 2650 7697 6971 726 0 9721 1197 8524 0 0 16033 15036 202 795 11335 8533 1919 883 PLAY PRODUCTION EXPENSES 40579 40579 OTHER EXPENSE 9045 1985 4756 2304 907137 694292 84171 128674 36742 34649 586418 703743 208613 130184 0 7820 0 0 0 0 0 0 0 0 35661 32797 398131 321304 43357 76827 536669 332741 0 0 0 0 0 0 121782 55954 1569242 1374715 12432 22741 0 0 4799 9018 0 0 0 0 0 0 0 0 0 0 55772 36332 73003 68091 X 1170254 1037583 325985 269041 1496239 1306624 1569242 1374715 -74118 -43590 -71907 X false true X true false X 695114 606639 630752 717298 672209 3322012 46442 22076 48620 54863 73105 245106 0 0 0 741556 628715 679372 772161 745314 3567118 37026 40319 32925 144750 35750 290770 0 37026 40319 32925 144750 35750 290770 3276348 7774 8808 14996 25903 22558 80039 0 7774 8808 14996 25903 22558 80039 0 15197 -8847 1752 5540 3612 17254 764527 628676 696120 803604 771484 3664411 0.89410 0.89757 0.02184 0.01760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100919 73199 27720 61388 55033 6355 235824 193072 42752 76827 0 OPERATING LEASE LIABILITY 36332 36332 X 796755 -43590 7326 -36264 833019 833019 986370 79233 79233 907137 907137 FIN 48 (ASC-740) FORM 990, SCHEDULE D, PART X, LINE 2: The Theatre is exempt from federal income taxes under Section 501(c) (3) of the Internal Revenue Code. Accordingly, no provision for income taxes is reflected in the accompanying financial statements. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Theatre's tax returns to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax benefit or expense in the current year. A reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. The Theatre is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding accounting for uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations, and interpretations thereof. The Theatre recognizes interest and penalties, if any, related to uncertain tax positions as other expenses. The Theatre's informational returns filed are generally subject to examination for three years after the later of the due date or date of filing. As a result, the Theatre is no longer subject to income tax examinations by tax authorities for years prior to 2021. true COMMISSION TO PLAYWRIGHT FOR A NEW WORK 1 10000 ORGANIZATION'S PROCEDURES FORM 990, SCHEDULE I, PART I, LINE 2 Undermain Theatre has established the Katherine Owens - Undermain Fund for New Work (the "Fund") in memory of the Theatre's founding artistic director. The Board designated an amount to be set aside for the Fund and individual donations were received for the Fund. Commissions for New Works are recommended to the Board by the Producing Artistic Director - Bruce Dubose. The first commission was awarded in FYE July 31, 2021. Annual commissions have been awarded in October of each subsequent year. In addition in FYE 7.31.2024, a payment of $1,500 was made to an artist who helped screen potential grant recipients and a grant committee has been established to help screen potential grant receipients. The committee members (3 in 2024-25) each receive $1,000 annually. return review process FORM 990, PART VI, SECTION B, LINE 11B: The Form 990 is first reviewed and approved by the Finance Committee of the Board of Trustees. Then a copy of the Form 990 is provided to all of the Trustees in their Board meeting packageS. THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY FORM 990, PART VI, SECTION B, LINE 12C: ALL TRUSTEES AND KEY OFFICERS COMPLETE A CONFLICT OF INTEREST FORM AND ARE REQUIRED TO DISCLOSE ANY INTERESTS THAT MAY GIVE RISE TO A CONFLICT ANNUALLY AND IN RESPONSE TO QUESTIONNAIRE DURING THE ANNUAL AUDIT. process for determining compensation form 990, part vi, line 15A&15B: The Finance Committee of the Board of Trustees reviews and approves the operating budget (including compensation for all officers and key employees) prior to the start of each fiscal year. This review includes comparison of proposed salaries to benchmarks provided in third-party published reports. The final budget is then approved by the Board of Trustees. public disclosure form 990, part vi, line 19: The Theatre's governing documents, conflict of interest policy and Financial statements are available to the public upon request. THE ORGANIZATION HAS A COMMITTEE FOR OVERSIGHT OF THE AUDIT FORM 990, PART XII, LINE 2C: The Finance Committee engages the independent auditor, meets with them to review and approve the final version of the statements and to discuss any required disclosures and communications. FORM 990 PART IX LINE 11G DESCRIPTION:ARTISTIC STAFF FEES TOTAL FEES:213118 FORM 990 PART IX LINE 11G DESCRIPTION:TECHNICAL STAFF FEES TOTAL FEES:33665 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER FEES TOTAL FEES:30384