| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ADVERTISING AND PROMOTION 685 INSURANCE 7,819 COST OF CONCESSION SUPPLI 20,997 COST OF MOVIE RENTAL 17,618 DUES 395 SALES TAX PAID 5,765 PROPERTY TAX PAID 1,763 SUPPLIES 899 MISC 44 SHIPPING 1,259 BOOKING 2,115 NON-INVESTMENT DEPRECIATION 4,201 TOTAL 63,560 |
| FORM 990-EZ, PART II, LINE 24 | EQUIPMENT 197,985 197,985 LESS ACCUMULATED DEPRECIATION 187,477 191,678 INVENTORIES 495 495 TOTAL 11,003 6,802 |
| 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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