In this section, “performing arts nonprofit organization” means a nonprofit organization that organizes the production of plays, acts, dramas, concerts, or similar events by individuals performing on a stage or the showing of films. There is a performing arts nonprofit organization beer, wine, and liquor license. The Board may issue the license to a performing arts nonprofit organization. The license authorizes the holder to sell or serve beer, wine, and liquor at retail for on–premises consumption at up to three locations designated at the time of application. The locations designated at the time of application must: be suitable for the production of plays, acts, dramas, concerts, or similar events by individuals performing on a stage or the showing of films; and meet any other requirements established by the Board. The license holder may alter the authorized locations each time the license is renewed. The license holder may sell or serve beer, wine, and liquor: 1 hour before and after a performance; during a performance; during an intermission; and during a reception within 1 hour before or after a performance. The license may not be transferred to another location not identified on the application. The license holder shall purchase beer, wine, and liquor from a retail license holder or an authorized and licensed wholesaler. A license holder may not sell or issue more than 750 tickets to any event or performance at which the holder will sell or serve beer, wine, or liquor. Issuance of a license under this section does not prohibit the Board from issuing a Class C per diem license to the performing arts nonprofit organization for an event outside the scope of the license. The license holder shall serve or offer for sale snacks at all times when beer, wine, and liquor are sold. The license holder shall: keep complete and accurate records of all alcoholic beverages sold, served, and purchased under this section; on written request of the Board or the Executive Director, report on the form that the Board or the Executive Director requires information relating to the alcoholic beverages that are the subject of the records required to be kept; and on request of the Board or the Executive Director, make the report under oath. Except as provided in subparagraph (ii) of this paragraph, each license holder shall keep records at the location designated in the license. If the license holder is allowed to have more than one location, the license holder may keep the records at the principal location. The records shall: meet form and content requirements of the Board or the Executive Director; be preserved for at least 2 years in a manner that ensures permanency; and be made available for audit or inspection during regular business hours by the Board, the Executive Director, or a designee of the Board or the Executive Director. If a report required by this section or an investigation by the Board, a Board officer, the Executive Director, or any other person indicates that the license holder is violating this section, the Board may summon the license holder and conduct a hearing. If the charges at the hearing are sustained, the Board: may impose a fine of not less than $250 and not more than $2,000; and may suspend or revoke the license holder’s license immediately. The annual license fee is $750.