2021-02-23T15:52:14-06:00 2020-06-30 043728817 TRONCONI SEGARRA & ASSOCIATES LLP 8321 MAIN STREET WILLIAMSVILLE NY 14221 990 2019-07-01 161158412 SHEA'S O'CONNELL PRESERVATION GUILD LTD D/B/A SHEA'S PERFORMING ARTS CENTER SHEA 7168471410 646 MAIN STREET BUFFALO NY 14202 MICHAEL G MURPHY PRESIDENT/CEO 7168471410 2021-02-13 1 ADAM P OHAR CPA P00844640 7166331373 2021-02-13 2019 2022-09-23 18:48:47Z MICHAEL G MURPHY 646 MAIN STREET BUFFALO NY 14202 17091897 0 X WWW.SHEAS.ORG X 1981 NY TO RESTORE & MAINTAIN SHEA'S BUFFALO THEATRE FOR PRESENT & FUTURE GENERATIONS TO ENJOY AS A WORKING HISTORIC THEATRE PROVIDING A WIDE VARIETY OF LIVE PERFORMING ARTS EXPERIENCES FOR OUR PATRONS AND INNOVATIVE AND EFFECTIVE EDUCATIONAL EXPERIENCES FOSTERING AN APPRECIATION OF LIVE THEATRE BY AREA YOUTH. 18 18 433 996 139092 48573 1386954 961701 33667244 12194122 187162 599215 1418030 721780 36659390 14476818 0 0 0 0 5267904 4523719 0 0 0 30498216 11064553 35766120 15588272 893270 -1111454 20309164 22697237 10119298 13917589 10189866 8779648 X TO RESTORE & MAINTAIN SHEA'S BUFFALO THEATRE FOR PRESENT & FUTURE GENERATIONS TO ENJOY AS A WORKING HISTORIC THEATRE PROVIDING A WIDE VARIETY OF LIVE PERFORMING ARTS EXPERIENCES FOR OUR PATRONS AND INNOVATIVE AND EFFECTIVE EDUCATIONAL EXPERIENCES FOSTERING AN APPRECIATION OF LIVE THEATRE BY AREA YOUTH. 0 0 10694087 12189127 PROMOTION OF PERFORMING ARTS PROGRAMS THROUGH THEATER RENTAL AND FEES DERIVED FROM OPERATIONS OF SHEA'S CENTER FOR THE PERFORMING ARTS. 10694087 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 21 0 433 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JOHN HERBERT 7168471410 646 MAIN STREET BUFFALO NY 14202 KENNETH W JASKIER CHAIRPERSON 2.00 X X 0 0 0 JOHN J ZAK IMMEDIATE CHAIRPERSON 2.00 X X 0 0 0 RANDALL K BEST VICE CHAIRPERSON 2.00 X X 0 0 0 RICHARD J MCCARTHY TREASURER 1.00 X X 0 0 0 HOLLY A BEECHER SECRETARY 1.00 X X 0 0 0 JAMES F DENTINGER TRUSTEE 1.00 X 0 0 0 THOMAS E LIPTAK TRUSTEE 1.00 X 0 0 0 CINDY RIPLEY TRUSTEE 1.00 X 0 0 0 GREGORY W NORWOOD TRUSTEE 1.00 X 0 0 0 CYNTHIA K SEAMAN 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 JAMES J EAGAN TRUSTEE 1.00 X 0 0 0 ELIZABETH COTTON TRUSTEE 1.00 X 0 0 0 DONALD R FISHBACK TRUSTEE 1.00 X 0 0 0 TONI VAZQUEZ TRUSTEE 1.00 X 0 0 0 LA VERNE MOSEY-MURPHY TRUSTEE 1.00 X 0 0 0 MICHAL WADSWORTH TRUSTEE 1.00 X 0 0 0 MICHAEL G MURPHY PRESIDENT/CEO 40.00 X 374138 0 9454 JOHN F HERBERT VICE PRESIDENT FINANCE/ADM 40.00 X 124197 0 9454 JOHN SCHALLER DIRECTOR OF DEVELOPMENT 40.00 X 102848 0 3000 601183 0 21908 3 0 1 0 BUFFALO NEWS 1 NEWS PLAZA BUFFALO NY 14240 ADVERTISING & PROMOTION 213495 RICH'S CATERING 1 ROBERT RICH WAY BUFFALO NY 14213 CATERING 206858 ALLIED UNIVERSAL SECURITY PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 179976 RODEMS CONSTRUCTIONS CO INC 3555 NORTH BUFFALO RD ORCHARD PARK NY 14127 CONSTRUCTION 168223 ARTS CONSULTING GROUP 2356 MOORE ST SUITE 104 SAN DIEGO CA 92110 STRATEGIC PLANNING 134885 7 8010 28865 924826 9417 961701 TICKET SALES 900099 10441700 10441700 FACILITY CHARGE INCOME 900099 491177 491177 OTHER PROGRAM REVENUE 900099 449742 449742 TICKET SERVICE INCOME 900099 425573 425573 RENTAL INCOME 900099 385930 340935 44995 12194122 253784 253784 2937329 2591898 345431 345431 345431 24317 28865 23181 1136 1136 CONCESSION INCOME 722210 680644 94097 586547 MANAGEMENT FEE 900099 40000 40000 720644 14476818 12189127 139092 1186898 517242 517242 3083471 1018538 2064933 57754 23102 34652 534561 105058 429503 330691 144571 186120 85764 85764 33931 33931 19766 19766 412306 86239 326067 570327 487571 82756 273928 273928 215837 215837 51183 720 50463 522345 391759 130586 187876 29657 158219 GUARANTEES & ROYALTIES 4792561 4792561 LICENSEE SHARE 1727032 1727032 CO-PRESENTER SHARE 1220770 1220770 CREDIT CARD SERVICE 316252 316252 634675 350257 284418 15588272 10694087 4894185 0 988760 502260 11999683 13678954 1249399 2180759 51618 85715 135614 230760 3114341 2030768 1183041 1083573 2552771 2857187 19691 17004 2128587 2061025 20309164 22697237 961584 668451 113540 208998 9044174 13040140 10119298 13917589 X 8140427 6695103 2049439 2084545 10189866 8779648 20309164 22697237 X -1111454 -296077 -2687 X X 0 1 X 1 0 X 987555 1293372 1357670 1386954 961701 5987252 987555 1293372 1357670 1386954 961701 5987252 182148 5805104 72172 56535 80429 118194 253784 581114 157840 211845 234264 199619 139092 942660 732931 695058 987662 1291878 586547 4294076 11805102 103584273 0.49170 0.52310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 PART II-B, LINE 1: THE ORGANIZATION USES MASIELLO MARTUCCI CALABRESE & ASSOCIATES TO CONTACT LEGISLATORS IN ORDER TO SECURE FUNDING FOR RESTORATION PROJECTS. 2680631 222052 89127 19766 2972044 2299205 185000 214724 18298 2680631 1891818 245000 178480 16093 2299205 1658825 35000 212057 14064 1891818 1642327 25000 3966 12468 1658825 0.30010 0.34080 0.35910 0 0 160468 160468 523511 360224 163287 1054640 574371 480269 1375722 1096173 279549 1083573 INTANGIBLE ASSETS - LEASE RIGHTS, NET 1013041 DUE FROM 710 MAIN STREET, INC. 1047984 2061025 ADVANCE TICKET SALES 12005646 RENTAL DEPOSITS 32775 CAPITAL LEASE - LONG TERM 5189 PAYCHECK PROTECTION PLAN LOAN 996530 13040140 14168843 -296077 7868 -288209 14457052 19766 19766 14476818 15579061 10555 10555 15568506 19766 19766 15588272 PART V, LINE 4: THE BOARD OF TRUSTEES HAS APPROVED AND ADOPTED AN INVESTMENT POLICY FOR ENDOWMENT ASSETS, HELD IN PERPETUITY, WHICH ATTEMPTS TO ACHIEVE RETURNS COMMENSURATE WITH THE RELEVANT RISK THE BOARD IS WILLING TO ACCEPT. UNDER THE INVESTMENT POLICY, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER WHICH OFFERS SUFFICIENT DIVERSIFICATION OF THE GUILD'S INVESTMENT PORTFOLIO,AND ACHIEVES INVESTMENT RETURN OBJECTIVES TO MEET OR EXCEED THE RETURNS OF A BALANCED MARKET INDEX, AND MINIMIZE LOSS OF PRINCIPAL THROUGH BOTH CAPITAL APPRECIATION AND CURRENT YIELD, OVER THE LONG-TERM. IN ACCORDANCE WITH THE DONOR'S STIPULATIONS, THE PORTION OF ENDOWMENT FUNDS AVAILABLE FOR USE ARE EARMARKED EACH YEAR, WITH THE INTENTION THAT NO MORE THAN FIVE PERCENT OF CUMULATIVE INVESTMENT PRINCIPAL AND EARNINGS ARE UNRESTRICTED AND AVAILABLE TO FUND THE GUILD'S OPERATIONS. UNDER THE INVESTMENT POLICY APPROVED BY THE BOARD OF TRUSTEES, FUNDS IN EXCESS OF THE ORIGINAL PRINCIPAL ARE AVAILABLE FOR USE, WITH UP TO FIVE PERCENT OF CUMULATIVE INVESTMENT PRINCIPAL AND EARNINGS CLASSIFIED AS UNRESTRICTED FOR OPERATIONS, AND THE REMAINING SURPLUS ABOVE THE ORIGINAL GIFT CLASSIFIED AS TEMPORARILY RESTRICTED FOR OPERATIONS. EACH YEAR, EXCESS FUNDS AVAILABLE FOR USE ARE ACCUMULATED AND ACCESSIBLE SHOULD THE GUILD REQUIRE THESE SURPLUS FUNDS IN A FUTURE YEAR TO FUND ITS PLANNED PROJECTS AND OBJECTIVES. SHOULD THE FAIR VALUE OF ENDOWMENT INVESTMENTS FALL BELOW THE ORIGINAL PRINCIPAL, THE BOT SHALL WAIT UNTIL MARKET CONDITIONS IMPROVE AND THE FAIR VALUE OF ENDOWMENT INVESTMENTS INCREASES TO AT LEAST THE ORIGINAL PRINCIPAL BALANCE BEFORE FUNDS MAY BE APPROPRIATED TO FUND OPERATIONS. IT IS THE BOT'S POLICY AT JUNE 30, 2020 AND 2019 THAT THE ORIGINAL PRINCIPAL OF THE INVESTMENT MAY NOT BE INVADED. SCHEDULE D, PART XI, LINE 2D: SPECIAL EVENT EXPENSES - $10,555 LOSS FROM ALL FOR ONE THEATRE PRODUCTIONS, LLC - $2,687 TOTAL SCHEDULE D, PART XI, LINE 2D - $7,868 SCHEDULE D, PART XII, LINE 2D: SPECIAL EVENT EXPENSES OF $10,555 TOTAL SCHEDULE D, PART XII, LINE 2D - $10,555 SOIREE 34258 18842 15416 10840 5K RACE 7666 1917 5749 7262 3 11258 8106 3152 5079 53182 28865 24317 23181 23181 1136 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL G MURPHY PRESIDENT/CEO 316138 0 58000 0 0 0 3000 0 6454 0 383592 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. ANY DONOR CONTRIBUTING $500 OR MORE BECOMES A MEMBER. THE GOVERNING BODY IS MADE UP OF ALL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE, A SUBCOMMITTEE OF THE BOARD, LOOKS FOR, INTERVIEWS, AND RECOMMENDS NEW BOARD MEMBERS TO THE OVERALL BOARD. IT THEN GOES TO THE OVERALL MEMBERSHIP TO BE VOTED ON AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING, THERE IS A RATIFICATION OF ALL BOARD ACTIONS OF THE PREVIOUS FISCAL YEAR BY THE OVERALL MEMBERSHIP. 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 A CONFLICT OF INTEREST POLICY IS REVIEWED BY EACH BOARD MEMBER ON AN ANNUAL BASIS. EACH MEMBER OF THE BOARD IS REQUIRED TO DISCLOSE ANY CONFLICTS AND COMPLETE A REPORT WHICH WILL BE COLLECTED AND KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15A ON AN ANNUAL BASIS, THE ORGANIZATION PROVIDES DOCUMENTATION TO THE 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 IS DOCUMENTED IN THE ORGANIZATIONS PAYROLL RECORDS. 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 XI, LINE 9: LOSS FROM ALL FOR ONE THEATRE PRODUCTIONS, LLC -2,687. FORM 990, PART XII, LINE 2C: BOARD MEMBERS OF THE SHEA'S O'CONNELL PRESERVATION GUILD LTD FORM A FINANCE COMMITTEE THAT OVERSEE THE FINANCIAL STATEMENT AND SELECTION OF THE AUDITORS. THE PROCESS FOR SELECTING AN INDEPENDENT AUDITOR IS DONE BY PERFORMING A REVIEW OF THE CURRENT AUDITOR EVERY THREE YEARS AND SUBMITTING A REQUEST FOR PROPOSAL IF DETERMINED NECESSARY. OTHERWISE, A REQUEST FOR PROPOSAL IS SUBMITTED APPROXIMATELY EVERY SIX YEARS. SHEA'S CONCESSIONS 646 MAIN STREET BUFFALO NY 14202 161158412 CONCESSIONS - RENTAL EVENTS NY 735014 0 SHEA'S O'CONNELL PRESERVATION GUILD LTD 710 MAIN STREET INC 646 MAIN STREET BUFFALO NY 14202 272403430 RESTORE AND PRESERVATION OF LOCAL THEATRE NY 501(C)(3) LINE 7 SHEA'S O'CONNELL PRESERVATION GUILD LTD 1 ALL FOR ONE THEATRE PRODUCTIONS LLC 646 MAIN STREET BUFFALO NY 14202 824669108 THEATRE PRODUCTION NY N/A RELATED -1056 17004 0 1 0.20000 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 710 MAIN STREET INC Q 707299 ACTUAL CASH PAYMENTS