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Nonprofiteer
← CAPITAL REPERTORY COMPANY INC

Form 990 for tax year 2024

Filed by CAPITAL REPERTORY COMPANY INC.

Totals

Total revenue
$1,176,679
Total expenses
$1,877,843
Contributions and grants received
$1,093,021
Grants paid
$0
Program service revenue
$0
Investment income
$64,444
Other revenue
$19,214
Total assets, end of year
$12,271,800
Total liabilities, end of year
$3,419,600
Net assets or fund balances, end of year
$8,852,200
Program services expenses (Part IX)
$1,276,542
Management and general expenses
$426,266
Fundraising expenses
$175,035
Program service expenses (Part III)
$1,276,542

Program services were 68.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $313,000

  • 1f · All other contributions, gifts and grants

    $780,021

  • 3 · Investment income

    total $64,444 · excluded $64,444

  • 11d · All other revenue

    total $19,214 · excluded $19,214

  • 11e · Other revenue, total

    $19,214

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $785,706 · program services $465,814 · management and general $233,218 · fundraising $86,674

  • 8 · Pension plan contributions

    total $9,698 · program services $5,749 · management and general $2,879 · fundraising $1,070

  • 9 · Other employee benefits

    total $125,781 · program services $74,571 · management and general $37,335 · fundraising $13,875

  • 10 · Payroll taxes

    total $59,816 · program services $35,463 · management and general $17,755 · fundraising $6,598

  • 11b · Fees: legal

    total $3,663 · management and general $3,663

  • 11c · Fees: accounting

    total $13,313 · management and general $13,313

  • 11g · Fees: other

    total $489,212 · program services $439,361 · management and general $22,574 · fundraising $27,277

  • 12 · Advertising and promotion

    total $21,946 · program services $20,916 · management and general $23 · fundraising $1,007

  • 13 · Office expenses

    total $85,858 · program services $62,681 · management and general $15,250 · fundraising $7,927

  • 16 · Occupancy

    total $10,856 · program services $7,418 · management and general $3,373 · fundraising $65

  • 17 · Travel

    total $5,098 · program services $3,292 · management and general $1,217 · fundraising $589

  • 19 · Conferences, conventions and meetings

    total $125 · program services $81 · management and general $30 · fundraising $14

  • 20 · Interest

    total $73,818 · program services $46,512 · management and general $26,844 · fundraising $462

  • 22 · Depreciation, depletion and amortization

    total $76,277 · program services $52,366 · management and general $23,392 · fundraising $519

  • 23 · Insurance

    total $248 · program services $177 · management and general $69 · fundraising $2

  • 24a · Other expenses: REPAIRS/MAINTENANCE

    total $37,869 · program services $15,057 · management and general $22,773 · fundraising $39

  • 24b · Other expenses: LOCAL TAX ASSESSMENTS

    total $36,962 · program services $36,962

  • 24c · Other expenses: FUNDRAISING EXPENSES

    total $27,972 · fundraising $27,972

  • 24d · Other expenses: SECURITY

    total $10,326 · program services $9,150 · management and general $1,176

  • 24e · All other expenses

    total $3,299 · program services $972 · management and general $1,382 · fundraising $945

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $69,731 · end of year $134,979

  • 3 · Pledges and grants receivable

    beginning of year $517,315 · end of year $389,165

  • 4 · Accounts receivable

    beginning of year $373,068 · end of year $84,612

  • 7 · Other notes and loans receivable

    beginning of year $3,640,400 · end of year $3,640,400

  • 9 · Prepaid expenses and deferred charges

    beginning of year $158,149 · end of year $91,931

  • 10a · Land, buildings and equipment: cost or other basis

    $1,180,127

  • 10b · Land, buildings and equipment: accumulated depreciation

    $206,934

  • 10c · Land, buildings and equipment, net

    beginning of year $1,042,578 · end of year $973,193

  • 11 · Investments: publicly traded securities

    beginning of year $243,405 · end of year $441,982

  • 12 · Investments: other securities

    beginning of year $4,139,713 · end of year $4,167,713

  • 15 · Other assets

    beginning of year $2,316,738 · end of year $2,347,825

  • 17 · Accounts payable and accrued expenses

    beginning of year $341,723 · end of year $239,434

  • 19 · Deferred revenue

    beginning of year $66,874 · end of year $73,374

  • 24 · Unsecured notes and loans payable

    beginning of year $3,089,378 · end of year $2,911,707

  • 25 · Other liabilities

    beginning of year $202,192 · end of year $195,085

  • 27 · Net assets without donor restrictions

    beginning of year $8,982,241 · end of year $8,704,968

  • 28 · Net assets with donor restrictions

    beginning of year -$181,311 · end of year $147,232

Mission and programs · 2024

Mission

TO CREATE MEANINGFUL THEATRE WITH AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES.

Activities or mission (Part I)

TO CREATE MEANINGFUL THEATRE GENERATED BY AN AUTHENTIC LINK TO THE COMMUNITY IT SERVES.

  • THE PURPOSE OF CAPITAL REPERTORY THEATRE ("CRT") IS TO DEVELOP AND PROVIDE FOR THE RESTORATION OF AN HISTORIC VENUE FOR PRODUCING LIVE THEATRE, CULTURAL, EDUCATIONAL, AND COMMUNITY EVENTS, TO PROMOTE AND ENHANCE THE ECONOMIC VITALITY OF THE GREATER CAPITAL REGION, AND TO SERVE CITIZENS OF THAT AREA.

    Expenses $1,276,542

As filed on the 2024 return.

Listed in Part VII

  • Peggy Becker

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • William Chalmers

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Stephen Madarasz

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Michael West

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Frank Walsh

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Carolyn Anderson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Monice Barbero

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Martha D Brown

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Richard A Carlstrom

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Albert Desalvo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Dorsey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • M Sherry Gold

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Harold Iselin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Bennett Liebman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jim Miller

    TRUSTEE (UNTIL 12/31/24)

    Total calculated
    $0
    Hours/week
    1

  • Donna J Purnomo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Debbie Ratner

    TRUSTEE (UNTIL 12/31/24)

    Total calculated
    $0
    Hours/week
    1

  • Howard Read

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kimberly Sanger Jones

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Vickie A Smith

    TRUSTEE (UNTIL 4/30/24)

    Total calculated
    $0
    Hours/week
    1

  • Tamani Wooley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Philip Morris

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $375,419
    From this org
    $0
    From related orgs
    $363,696
    Other
    $11,723
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $363,696 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,911 related
    Nontaxable benefits
    $0 + $812 related
    Filer's total
    $0 + $375,419 related

  • Christopher Musto

    CHIEF FINANCIAL OFFICER

    Total calculated
    $139,805
    From this org
    $0
    From related orgs
    $133,045
    Other
    $6,760
    Hours/week
    1 + 42 related

  • Maggie Mancinelli-Cahill

    PRODUCING ARTISTIC DIRECTOR

    Total calculated
    $106,747
    From this org
    $106,747
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS SET BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"). THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • THEREP LLC

    RELATED · HOLDING COMPANY · NY

    Directly controlled by THEREP MANAGER LLC

  • UPH SARATOGA LLC

    HOLDING COMPANY · NY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PT REDEVELOPMENT MANAGER LLC

    C · MANAGE COMPLIANCE OPER OF PTR · NY

  • THEREP MANAGER LLC

    C · MANAGE COMPLIANCE OPER OF THEREP · NY · 100% owned · share of income $108,884 · share of assets $6,074,848 · controlled entity

    Directly controlled by CAPITAL REPERTORY THEATRE

  • UPH SARATOGA MANAGER LLC

    C · MANAGE COMPLIANCE OPER OF UPH SARATOGA · NY

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202543199349303704

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