| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ADVERTISING AND PROMOTION 502 INSURANCE 1,866 COST OF CONCESSION SUPPLI 23,995 COST OF MOVIE RENTAL 23,573 DUES 365 SALES TAX PAID 7,360 PROPERTY TAX PAID 1,794 SUPPLIES 835 MISC 1,160 SHIPPING 1,964 BOOKING 2,040 NON-INVESTMENT DEPRECIATION 5,861 TOTAL 71,315 |
| FORM 990-EZ, PART II, LINE 24 | EQUIPMENT 197,985 197,985 LESS ACCUMULATED DEPRECIATION 181,616 187,477 INVENTORIES 495 495 TOTAL 16,864 11,003 |
| FORM 990-EZ, PART III | OPERATION OF LOCAL MOVIE THEATRE. THE PRIOR OWNER CLOSED THE THEATRE AND IT WAS CLOSED FOR ABOUT TWO YEARS AND WAS FOR SALE. THERE WERE NO BUYERES INTERESTED IN IT. BEING A SMALL RURAL COMMUNITY WITH NO OTHER THEATRE IN THE COUNTY, A GROUP OF PARENTS ORGANIZED AND PURCHASED THE THEATRE AS A COMMUNITY IMPROVEMENT PROJECT TO PROVIDE A SAFE AND CONTROLLED PLACE FOR THE YOUTH ON THE WEEKENDS (FRIDAY, SATURDAY, SUNDAY AND MONDAY). |
| FORM 990-EZ, PART III, LINE 28 | OPERATION OF LOCAL MOVIE THEATRE. THE PRIOR OWNER CLOSED THE THEATRE AND IT WAS CLOSED FOR ABOUT TWO YEARS AND WAS FOR SALE. THERE WERE NO BUYERES INTERESTED IN IT. BEING A SMALL RURAL COMMUNITY WITH NO OTHER THEATRE IN THE COUNTY, A GROUP OF PARENTS ORGANIZED AND PURCHASED THE THEATRE AS A COMMUNITY IMPROVEMENT PROJECT TO PROVIDE A SAFE AND CONTROLLED PLACE FOR THE YOUTH ON THE WEEKENDS (FRIDAY, SATURDAY, SUNDAY AND MONDAY). ESTIMATED NUMBER OF INDIVIUDALS SERVED 10,065. |
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