2025-03-03T08:21:31-06:00 2024-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2023-07-01 043781645 CAROLINA THEATRE OF GREENSBORO INC CARO 3363332600 310 SOUTH GREENE STREET GREENSBORO NC 27401 ALEXANDRA ARPAJIAN EXECUTIVE DIRECTOR 3363332600 2025-02-28 1 1 OLGA OGANESOV P01279668 3362944494 2025-02-28 2023 2025-03-06 01:10:19Z ALEXANDRA ARPAJIAN 310 SOUTH GREENE STREET GREENSBORO NC 27401 1788763 0 X WWW.CAROLINATHEATRE.COM X 2003 NC PRESENTING ARTS - PRESERVING HISTORY - PROMOTING COMMUNITY. OUR PURPOSE: THE CAROLINA THEATRE PROVIDES A CUTTING-EDGE PERFORMANCE, FILM, AND RENTAL VENUE, HOUSED WITHIN A CENTURY-OLD VAUDEVILLE THEATER. WE WORK TIRELESSLY TO PRESERVE OUR UNIQUE AND ARCHITECTURALLY SIGNIFICANT BUILDING WHILE ALSO PROVIDING PERFORMERS AND AUDIENCES WITH A STATE-OF-THE-ART ENTERTAINMENT FACILITY. WE PARTNER WITH COMMUNITY ORGANIZATIONS TO PROVIDE DIVERSE PROGRAMMING AND VALUABLE EDUCATIONAL OPPORTUNITIES. IN SHORT, WE ARE COMMITTED TO ENHANCING DOWNTOWN GREENSBORO BY OFFERING INCREDIBLE PERFORMING ARTS PROGRAMMING WHILE, AT THE SAME TIME, SERVING AS STEWARDS OF OUR LANDMARK BUILDING. 25 25 77 80 10100 7417 766673 367788 448843 605655 1883 16035 571869 631379 1789268 1620857 0 0 0 0 496740 557077 0 0 97667 1146611 1396344 1643351 1953421 145917 -332564 7717317 7428507 248482 288057 7468835 7140450 X PRESENTING ARTS - PRESERVING HISTORY - PROMOTING COMMUNITY. OUR PURPOSE: THE CAROLINA THEATRE PROVIDES A CUTTING-EDGE PERFORMANCE, FILM, AND RENTAL VENUE, HOUSED WITHIN A CENTURY-OLD VAUDEVILLE THEATER. WE WORK TIRELESSLY TO PRESERVE OUR UNIQUE AND ARCHITECTURALLY SIGNIFICANT BUILDING WHILE ALSO PROVIDING PERFORMERS AND AUDIENCES WITH A STATE-OF-THE-ART ENTERTAINMENT FACILITY. WE PARTNER WITH COMMUNITY ORGANIZATIONS TO PROVIDE DIVERSE PROGRAMMING AND VALUABLE EDUCATIONAL OPPORTUNITIES. IN SHORT, WE ARE COMMITTED TO ENHANCING DOWNTOWN GREENSBORO BY OFFERING INCREDIBLE PERFORMING ARTS PROGRAMMING WHILE, AT THE SAME TIME, SERVING AS STEWARDS OF OUR LANDMARK BUILDING. 0 0 1571495 730839 CAROLINA THEATRE IS A FULLY FUNCTIONING PERFORMING ARTS FACILITY. IT PRESENTS A VARIETY OF LIVE PERFORMANCES BY LOCAL PERFORMING ARTS GROUPS AND CELEBRITY ENTERTAINERS. 1571495 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 34 0 1 77 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DAWN RUMLEY 3363332600 310 SOUTH GREENE STREET GREENSBORO NC 27401 ALTINA LAYMAN CHAIR 10.00 X X 0 0 0 ALICIA WILLIAMS SECRETARY 1.00 X X 0 0 0 JIM EVERHART TREASURER 1.00 X X 0 0 0 M TAYLOR BUTLER VICE-CHAIR 3.00 X X 0 0 0 STEVE FREYALDENHOVEN VICE-CHAIR 3.00 X X 0 0 0 REGINA GLASPIE VICE-CHAIR 3.00 X X 0 0 0 JOHN W GRAHAM VICE-CHAIR 3.00 X X 0 0 0 BOB THURSTON VICE-CHAIR 3.00 X X 0 0 0 BETTY CONE HONORARY CHAIR 1.00 X X 0 0 0 MIGUEL A BRITO JR DIRECTOR 1.00 X 0 0 0 CHARLIE BRUMMITT DIRECTOR 1.00 X 0 0 0 DAWN S CHANEY DIRECTOR 1.00 X 0 0 0 ASHLEY CONE DIRECTOR 1.00 X 0 0 0 FELTON FOUSHEE DIRECTOR 1.00 X 0 0 0 COOPER HARRELL DIRECTOR 1.00 X 0 0 0 NANCY HOFFMANN DIRECTOR 1.00 X 0 0 0 WILMOT JONES DIRECTOR 1.00 X 0 0 0 LES MARTIN DIRECTOR 1.00 X 0 0 0 BRUCE MCCLUNG DIRECTOR 1.00 X 0 0 0 DAVIS MCDONALD DIRECTOR 1.00 X 0 0 0 IRISH SPENCER DIRECTOR 1.00 X 0 0 0 JACE STRANDBERG DIRECTOR 1.00 X 0 0 0 GINA URESTI DIRECTOR 1.00 X 0 0 0 DON VAUGHAN DIRECTOR 1.00 X 0 0 0 RENEE HICKS WALKER DIRECTOR 1.00 X 0 0 0 BRIAN GRAY EXECUTIVE DIRECTOR 40.00 X 98096 0 15832 98096 0 15832 0 0 0 0 0 111126 83500 173162 367788 CT PRESENTS 711110 275611 275611 BOX OFFICE REVENUE 711110 114081 114081 RESTORATION FEES 711110 88507 88507 FILMS REVENUE 711110 75629 75629 PRODUCTION SERVICES 711110 51827 51827 605655 25556 25556 496095 0 496095 496095 496095 9521 -9521 -9521 -9521 283215 158385 124830 124830 PARKING LOT INCOME 812930 10100 10100 MISCELLANEOUS INCOME 900099 354 354 10454 1620857 730839 10100 512130 122983 83089 25196 14698 305238 206223 62535 36480 71322 48186 14612 8524 57534 38871 11787 6876 14200 14200 916 317 279 320 18818 15995 941 1882 90433 70750 16960 2723 177635 144064 23947 9624 6156 6156 381831 343648 38183 44188 33047 6895 4246 PARKING LOT EXPENSE 993 562 431 CT PRESENTS 290659 290659 LABOR EXPENSES 109314 109314 BOX OFFICE EXPENSES 104440 104440 156761 82330 62137 12294 1953421 1571495 284259 97667 2848 2848 603009 651420 147436 11008 32802 22314 0 1434 10792106 4095118 6892906 6696988 38316 42495 7717317 7428507 32700 145411 215782 142646 248482 288057 X 7468835 7114124 0 26326 7468835 7140450 7717317 7428507 -332564 4179 0 X 0 1 X 1 0 X 314613 900795 1092178 766673 367788 3442047 314613 900795 1092178 766673 367788 3442047 285394 3156653 235603 122959 237718 461534 521651 1579465 7465 10700 6765 11179 10100 46209 312 955 2125 1245 356 4993 5072714 2848414 0.62230 0.69130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 691000 691000 9072685 3608517 5464168 1028421 486601 541820 6696988 X 1796267 4179 3325 7504 1788763 -167906 -167906 1620857 2124652 3325 167906 171231 1953421 0 1953421 PART X, LINE 2: CAROLINA THEATRE OF GREENSBORO, INC. WAS GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). CAROLINA THEATRE BUILDING, LLC IS CONSIDERED A DISREGARDED ENTITY UNDER THE IRC AND IS REPORTED AS A PART OF THE TAX FILINGS OF CAROLINA THEATRE OF GREENSBORO, INC. THEREFORE, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES ON EXEMPT INCOME. HOWEVER, THE ORGANIZATION IS RESPONSIBLE FOR INCOME TAXES ON UNRELATED BUSINESS INCOME. IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024 AND 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE -158,385. LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FINANCIAL STATEMENT EXPENSES -9,521. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSION EXPENSES INCLUDED IN STATEMENT OF REVENUE 158,385. LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FINANCIAL STATEMENT EXPENSES 9,521. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THIS RETURN WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT IN RELATION TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S BOARD OF DIRECTORS DEVELOPS AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY AT THE TIME OF HIRE. EACH YEAR, THE EXECUTIVE COMMITTEE REVIEWS THE SALARY IN ORDER TO DETERMINE THE NECESSARY ADJUSTMENTS, IF ANY. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CAROLINA THEATRE BUILDING LLC 310 SOUTH GREENE STREET GREENSBORO NC 27401 BUILDING NC 5464168 N/A