TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015

Name of foundation
AXIS THEATRE CO INC

Number and street (or P.O. box number if mail is not delivered to street address)C/O J ABLAMSKY 63 REID AVENUE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PORT WASHINGTON, NY11050

A Employer identification number

13-3667916

B Telephone number (see instructions)

(516) 883-4306

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,075,310J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	855,250
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		26,123		26,123
12	Total. Add lines 1 through 11........	881,373		0	26,123
13	Compensation of officers, directors, trustees, etc.	112,163				112,163
14	Other employee salaries and wages......	111,561			26,123	85,438
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		7,000			7,000
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...		44,930
20	Occupancy..............	177,364				177,364
21	Travel, conferences, and meetings.......	5,338				5,338
22	Printing and publications..........
23	Other expenses (attach schedule).......		505,017			505,017
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	963,373		0	26,123	892,320
25	Contributions, gifts, grants paid.......	1,820				0
26	Total expenses and disbursements. Add lines 24 and 25	965,193		0	26,123	892,320
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-83,820
b	Net investment income (if negative, enter -0-)			0
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	39,300	-4,158	-4,158
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 1,687,806
		Less: accumulated depreciation (attach schedule) 627,299	1,105,437	1,060,507	1,060,507
	15	Other assets (describe )	31,479	18,961	18,961
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,176,216	1,075,310	1,075,310
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	-3,954	-21,040
	23	Total liabilities (add lines 17 through 22).........	-3,954	-21,040
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	1,180,170	1,096,350
	30	Total net assets or fund balances (see instructions).....	1,180,170	1,096,350
	31	Total liabilities and net assets/fund balances (see instructions).	1,176,216	1,075,310

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

1,180,170

Enter amount from Part I, line 27a .....................

-83,820

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

1,096,350

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

1,096,350

Form 990-PF (2015)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2014	772,649	40,162	19.238310
2013	663,918	15,133	43.872200
2012	602,597	40,287	14.957604
2011	686,066	16,543	41.471680
2010	697,566	9,342	74.669878

Total of line 1, column (d) .....................

2194.209672

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .

38.841934

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

41,931

Multiply line 4 by line 3......................

1,628,681

Enter 1% of net investment income (1% of Part I, line 27b)...........

Add lines 5 and 6........................

1,628,681

Enter qualifying distributions from Part XII, line 4.............

892,320

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2015)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	0
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	0
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Yes

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

JOHN T ABLAMSKY CPA Telephone no. bullet

(516) 883-4306

Located at bullet

63 REID AVE PORTWASHINGTONNY ZIP+4 bullet

11050

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2015?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2015.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2015)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
RANDALL A SHARP	PRESIDENT 50.00	0
8 MORTON ST NY,NY10014	PRESIDENT 50.00	0
JEFFREY RESNICK	VP/SEC'Y 40.00	112,163
54 STONECREST ROAD RIDGEFIELD,CT06877	VP/SEC'Y 40.00	112,163

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	Conduct of a performing arts performance from February 11 -March 8, 2015 - a play by the name of "The Groundling".	210,730
2	Conduct of a performing arts performance from April 16 - May 23, 2015- a play by the name of "Hospital 2015".	210,730
3	Conduct of a performing arts performance from July 1 -July 25, 2015 - a play by the name of "The Horror".	210,730
4	Conduct of a performing arts performance from September 7- November 8, 2015 - a play by the name of "The Vast Machine".	210,730

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

Average of monthly cash balances.......................

42,570

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

42,570

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

42,570

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

639

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

41,931

Minimum investment return. Enter 5% of line 5..................

2,097

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2015 from Part VI, line 5......

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

892,320

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

892,320

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

892,320

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7			0
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2015:
a From 2010......	697,566
b From 2011......	686,066
c From 2012......	602,597
d From 2013......	663,918
e From 2014......	772,649
fTotal of lines 3a through e........		3,422,796
4Qualifying distributions for 2015 from Part
XII, line 4: $ 892,320
a Applied to 2014, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2015 distributable amount.....
e Remaining amount distributed out of corpus		892,320
5 Excess distributions carryover applied to 2015.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		4,315,116
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		697,566
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		3,617,550
10 Analysis of line 9:
a Excess from 2011....	686,066
b Excess from 2012....	602,597
c Excess from 2013....	663,918
d Excess from 2014....	772,649
e Excess from 2015....	892,320

Form 990-PF (2015)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2015, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2015	(b) 2014	(c) 2013	(d) 2012	(e) Total
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	892,320	772,649	663,918	602,597	2,931,484
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	892,320	772,649	663,918	602,597	2,931,484
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......	1,075,310	1,176,216	1,272,937	1,179,262	4,703,725
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)	1,075,310	1,176,216	1,272,937	1,179,262	4,703,725
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...					0
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

RANDALL A SHARP

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2015)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ST JUDE'S CHILDREN'S RESEARCH HOSPITAL 262 DANNY THOMAS PLACE MEMPHIS,TN38105		509(a)1170(b)(1)(A)	MEDICAL	1,720
SHERIDAN SQUARE TRIANGLE 1-2 SHERIDAN SQUARE NEW YORK,NY10014		509(a)1170(b)(1)(A)	EDUCATION	100
Total ................................. 3a				1,820

bApproved for future payment

Total ................................. 3b

Form 990-PF (2015)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aPROGRAM FEES					26,123
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..					26,123

13Total. Add line 12, columns (b), (d), and (e)..................

1326,123

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1a	Axis Theatre Co., Inc. was formed to avail the public the opportunity to
1a	experience the performing arts. It raises revenues by charging
1a	admissions to its performances. These performances are the primary means
1a	by which the organization accomplishes its cultural and educational
1a	purposes.

Form 990-PF (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Name of the organization

AXIS THEATRE CO INC

Employer identification number

13-3667916

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2

Name of organization AXIS THEATRE CO INC

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	RANDALL A SHARP 8 MORTON STREET New York, NY10014	$ 855,250	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Page 3

Name of organization AXIS THEATRE CO INC		Employer identification number 13-3667916

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Page 4


Name of organization AXIS THEATRE CO INC			Employer identification number 13-3667916
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2015 AccountingFeesSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
JOHN T. ABLAMSKY, CPA ACCOUNTING & TAX SERVICES	7,000			7,000

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2015 DepreciationSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
LEASEHOLD IMPROVEMENT	1995-01-01	32,356	16,561	SL	39.00	829
DAT MACHINE	1995-02-27	595	595	200DB	5.00
HP4 PRINTER	1995-03-21	1,134	1,134	200DB	5.00
A/C	1995-07-12	1,142	1,142	200DB	5.00
FAX	1995-09-09	764	764	200DB	5.00
THEATRICAL EQUIPMENT	1996-02-12	3,476	3,476	200DB	5.00
LEASEHOLD IMP.	1996-01-13	25,500	12,399	SL	39.00	654
LEASEHOLD IMP.	1996-02-02	11,650	5,643	SL	39.00	298
LEASEHOLD IMP.	1996-03-18	4,035	1,943	SL	39.00	104
LEASEHOLD IMP.	1996-04-12	20,488	9,825	SL	39.00	525
LEASEHOLD IMP.	1996-06-24	15,000	7,134	SL	39.00	384
LEASEHOLD IMP.	1996-07-18	15,386	7,282	SL	39.00	395
LEASEHOLD IMP.	1996-08-16	1,250	588	SL	39.00	32
LEASEHOLD IMP.	1996-09-26	4,800	2,250	SL	39.00	123
LEASEHOLD IMP.	1996-10-04	1,800	838	SL	39.00	46
LEASEHOLD IMP.	1996-05-13	3,500	1,676	SL	39.00	90
LEASEHOLD IMP.	1997-01-15	15,000	6,909	SL	39.00	385
LEASEHOLD IMP.	1997-02-03	350	161	SL	39.00	9
LEASEHOLD IMP.	1997-05-09	199	88	SL	39.00	5
LEASEHOLD IMP.	1997-06-26	552	246	SL	39.00	14
LEASEHOLD IMP.	1997-12-29	35,000	15,292	SL	39.00	898
FURNITURE	1998-12-23	1,475	1,475	200DB	5.00
LEASEHOLD IMP.	1998-01-26	8,000	3,477	SL	39.00	205
LEASEHOLD IMP.	1998-02-16	13,600	5,889	SL	39.00	349
LEASEHOLD IMP.	1998-04-02	978	418	SL	39.00	25
LEASEHOLD IMP.	1998-01-09	7,000	3,044	SL	39.00	179
LEASEHOLD IMP.	1998-03-16	10,000	4,304	SL	39.00	256
LEASEHOLD IMP.	1998-04-10	10,561	4,528	SL	39.00	271
LEASEHOLD IMP.	1998-06-17	16,950	7,192	SL	39.00	434
LEASEHOLD IMP.	1998-10-21	37,930	15,765	SL	39.00	973
LEASEHOLD IMP.	1998-10-28	23,788	9,887	SL	39.00	610
LEASEHOLD IMP.	1998-11-03	438	177	SL	39.00	11
LEASEHOLD IMP.	1998-11-12	766	320	SL	39.00	19
LEASEHOLD IMP.	1998-12-01	5,000	2,053	SL	39.00	128
LEASEHOLD IMP.	1998-12-16	7,986	3,289	SL	39.00	205
LEASEHOLD IMP.	1998-12-17	2,780	1,139	SL	39.00	71
THEATRICAL EQUIPMENT	1999-01-28	1,500	1,500	200DB	5.00
THEATRICAL EQUIPMENT	1999-04-02	7,085	7,085	200DB	5.00
THEATRICAL EQUIPMENT	1999-05-17	18,161	18,161	200DB	5.00
LEASEHOLD IMP.	1999-01-05	1,500	613	SL	39.00	38
LEASEHOLD IMP.	1999-01-15	2,900	1,183	SL	39.00	75
LEASEHOLD IMP.	1999-01-20	4,500	1,839	SL	39.00	115
LEASEHOLD IMP.	1999-02-11	2,320	944	SL	39.00	60
LEASEHOLD IMP.	1999-03-13	12,738	5,160	SL	39.00	327
LEASEHOLD IMP.	1999-03-23	12,291	4,974	SL	39.00	315
LEASEHOLD IMP.	1999-04-05	7,667	3,090	SL	39.00	197
LEASEHOLD IMP.	1999-04-22	1,620	653	SL	39.00	42
LEASEHOLD IMP.	1999-04-23	420	173	SL	39.00	11
LEASEHOLD IMP.	1999-04-26	2,750	1,108	SL	39.00	70
LEASEHOLD IMP.	1999-04-28	1,850	744	SL	39.00	47
LEASEHOLD IMP.	1999-05-06	500	203	SL	39.00	13
LEASEHOLD IMP.	1999-05-07	22,460	9,000	SL	39.00	576
LEASEHOLD IMP.	1999-05-11	5,250	2,106	SL	39.00	135
LEASEHOLD IMP.	1999-05-24	265	109	SL	39.00	7
LEASEHOLD IMP.	1999-06-02	1,332	529	SL	39.00	34
LEASEHOLD IMP.	1999-06-04	489	196	SL	39.00	12
LEASEHOLD IMP.	1999-06-16	2,408	963	SL	39.00	62
LEASEHOLD IMP.	1999-07-12	12,956	5,132	SL	39.00	332
LEASEHOLD IMP.	1999-07-19	500	201	SL	39.00	13
LEASEHOLD IMP.	1999-07-27	1,887	745	SL	39.00	49
LEASEHOLD IMP.	1999-08-21	900	354	SL	39.00	23
LEASEHOLD IMP.	1999-09-18	660	260	SL	39.00	17
LEASEHOLD IMP.	1999-12-01	19,433	7,491	SL	39.00	498
LEASEHOLD IMP.	1999-12-09	1,001	390	SL	39.00	26
LEASEHOLD IMP.	1999-12-17	743	743	SL	3.00
LEASEHOLD IMP.	1999-05-08	33	16	SL	39.00	1
LEASEHOLD IMP.	2000-01-01	4,000	1,536	SL	39.00	102
LEASEHOLD IMP.	2000-01-15	430	165	SL	39.00	11
LEASEHOLD IMP.	2000-01-19	1,151	442	SL	39.00	29
LEASEHOLD IMP.	2000-01-28	445	169	SL	39.00	11
LEASEHOLD IMP.	2000-04-10	800	302	SL	39.00	21
LEASEHOLD IMP.	2000-04-18	10,776	4,060	SL	39.00	276
LEASEHOLD IMP.	2000-04-28	1,894	716	SL	39.00	48
LEASEHOLD IMP.	2000-05-17	325	118	SL	39.00	8
LEASEHOLD IMP.	2001-01-24	2,674	959	SL	39.00	68
LEASEHOLD IMP.	2001-05-10	325	109	SL	39.00	9
LEASEHOLD IMP.	2001-03-16	627	221	SL	39.00	16
LEASEHOLD IMP.	2001-09-17	125	40	SL	39.00	3
LEASEHOLD IMP.	2002-09-01	2,025	639	SL	39.00	52
LEASEHOLD IMP.	2002-09-01	4,709	1,487	SL	39.00	121
THEATRICAL EQUIPMENT	2002-10-02	1,000	1,000	200DB	5.00
LEASEHOLD IMP.	2003-05-01	523	153	SL	39.00	14
LEASEHOLD IMP.	2004-02-17	17,781	4,959	SL	39.00	456
THEATRE IMPROVEMENTS	2004-07-01	10,629	2,851	SL	39.00	273
THEATRICAL IMPROVEMENTS	2004-01-01	1,028,823	289,081	SL	39.00	26,380
THEATRICAL EQUIPMENT	2005-06-14	2,828	2,828	200DB	7.00
F & F	2006-07-01	964	964	200DB	7.00
LEASEHOLD IMP.	2009-12-01	24,570	3,176	SL	39.00	630
F & F	2009-12-08	7,210	6,030	200DB	7.00	629
OFFICE LEASEHOLD IMP.	2009-10-01	17,825	2,380	SL	39.00	457
LEASEHOLD IMP.	2010-03-01	14,246	1,749	SL	39.00	365
OFFICE LEASEHOLD IMP.	2010-04-01	20,522	2,477	SL	39.00	526
F & F	2011-08-25	562	386	200DB	7.00	50
THEATRICAL EQUIPMENT	2011-09-15	25,542	17,563	200DB	7.00	2,280
THEATRICAL IMPROVEMENTS	2011-10-08	5,137	423	SL	39.00	132
THEATRICAL EQUIPMENT	2012-03-19	500	383	200DB	5.00	55
THEATRICAL EQUIPMENT	2012-12-04	450	296	200DB	5.00	62
EQUIPMENT	2014-05-23	700	140	200DB	5.00	224

- TIN:

TY 2015 OtherAssetsSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110

- TIN:

TY 2015 OtherAssetsSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110

- TIN:

TY 2015 OtherAssetsSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110
SECURITY DEPOSITS	7,979	7,851	7,851
ACTORS EQUITY BOND	23,500	11,110	11,110

- TIN:

TY 2015 OtherExpensesSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
ADVERTISING	1,250	1,250
ADMINISTRATIVE	12,000	12,000
EQUIPMENT RENTAL	1,005	1,005
INSURANCE	80,609	80,609
MAINTENANCE & CLEANING	8,823	8,823
NYS FILING FEE	250	250
OFFICE SUPPLIES	810	810
OTHER EXPENSES	7,799	7,799
PRODUCTION COSTS	330,089	330,089
REPAIRS	5,609	5,609
TELEPHONE	9,195	9,195
UTILITIES	35,466	35,466
STORAGE	12,112	12,112

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
PROGRAM FEES	26,123		26,123

- TIN:

TY 2015 OtherLiabilitiesSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description	Beginning of Year - Book Value	End of Year - Book Value
PAYROLL TAXES PAYABLE	-6,447	-443
PAYROLL PAYABLE		-23,154
UNION DUES PAYABLE	2,493	2,557
PAYROLL TAXES PAYABLE	-6,447	-443
PAYROLL PAYABLE		-23,154
UNION DUES PAYABLE	2,493	2,557

- TIN:

TY 2015 OtherLiabilitiesSchedule

Name:

AXIS THEATRE CO INC

EIN:

13-3667916

Description	Beginning of Year - Book Value	End of Year - Book Value
PAYROLL TAXES PAYABLE	-6,447	-443
PAYROLL PAYABLE		-23,154
UNION DUES PAYABLE	2,493	2,557
PAYROLL TAXES PAYABLE	-6,447	-443
PAYROLL PAYABLE		-23,154
UNION DUES PAYABLE	2,493	2,557