2021-05-17T08:45:03-05:00 2020-06-30 020428003 HESSION & PARE PC 62 STARK STREET MANCHESTER NH 031011970 990 2019-07-01 237356019 PALACE THEATRE TRUST PALA 6036685588 80 HANOVER STREET MANCHESTER NH 03101 PETER RAMSEY CEO 6036685588 2021-05-10 JENNIFER WEBB CPA P01714019 6036695477 2021-05-10 2019 2022-09-23 18:48:47Z PETER RAMSEY 80 HANOVER STREET MANCHESTER NH 03101 6024964 false X WWW.PALACETHEATRE.ORG X 1974 NH TO ENRICH THE REGION'S CULTURAL LIFE AND SERVE AS A COMMUNITY RESOURCE THROUGH ITS STEWARDSHIP OF THE HISTORIC PALACE THEATRE. IT DOES SO BY PROVIDING A BROAD RANGE OF LIVE, HIGH QUALITY, PROFESSIONAL AND COMMUNITY PERFORMANCES, AS WELL AS EDUCATIONAL OPPORTUNITIES FOR PERFORMERS AND AUDIENCES OF ALL AGES. 21 20 101 290 63034 62034 1035390 978407 4352115 3229793 70861 89841 394025 263170 5852391 4561211 0 0 1896059 1668596 0 446694 3265284 3039197 5161343 4707793 691048 -146582 10856560 12127067 2115143 3599775 8741417 8527292 X TO ENRICH THE REGION'S CULTURAL LIFE AND SERVE AS A COMMUNITY RESOURCE THROUGH ITS STEWARDSHIP OF THE HISTORIC PALACE THEATRE. IT DOES SO BY PROVIDING A BROAD RANGE OF LIVE, HIGH QUALITY, PROFESSIONAL AND COMMUNITY PERFORMANCES, AS WELL AS EDUCATIONAL OPPORTUNITIES FOR PERFORMERS AND AUDIENCES OF ALL AGES. false false 3372999 3229793 ENRICHING THE REGION'S CULTURAL LIFE AND OFFERING A DIVERSE SELECTION OF EXTREMELY HIGH QUALITY LIVE PERFORMANCES AND EDUCATIONAL OPPORTUNITIES FOR PATRONS, ARTISTS, CHILDREN AND PEOPLE OF ALL AGES DEFINES THE PALACE THEATRE. FROM IN-HOUSE PRODUCED LIVE PROFESSIONAL MUSICAL THEATRE, TOP NAME PRESENTING ENTERTAINMENT, OTHER NON-PROFIT FUNDRAISING EVENTS AND RENTALS FOR MANY COMMUNITY EVENTS ARE ALL PART OF WHAT DEFINES THE PALACE THEATRE. APPROXIMATELY 120,000 PATRONS ATTENDED WITH OVER 252 PERFORMANCES AND EVENTS. YOUTH PERFORMING ARTS PROGRAMS ARE AN INTEGRAL PART OF THE PALACE THEATRE/FOREVER EMMA STUDIOS YOUTH INITIATIVES WITH OVER 19,000 CHILDREN EXPERIENCING THEATRICAL PRODUCTIONS THROUGH PARTICIPATION IN VACATIO CAMPS, SPECIALIZED ACTING COMPANIES AND VOCAL, DANCING OR ACTING CLASSES. ADDITIONALLY, MORE THAN 900 YOUTH, GRADES 2-12 PERFORMED IN A PALACE PRODUCTION. 3372999 true true false false false false false false false true true false false true true false true false false false false false false false true true false false false true false false false false false false false false false false false false false false false false false true 239 0 true 101 true true true false false false false false false false false false false false false false X 21 20 false false false false false false false true true false false true true true true true true true true false NH X PETER RAMSEY 6036685588 80 HANOVER ST MANCHESTER NH 03101 PETER RAMSEY CEO 40.00 X X 166567 0 20000 ROBERT BAINES TRUSTEE 1.00 X 0 0 0 DOUG BLAIS SECRETARY 1.00 X X 0 0 0 JOE CARELLI TRUSTEE 1.00 X 0 0 0 KATIE MCQUAID COTE TRUSTEE 1.00 X 0 0 0 SARAH DEMERS TRUSTEE 1.00 X 0 0 0 JOE DIBRIGIDA TRUSTEE 1.00 X 0 0 0 SYLVIO DUPUIS TRUSTEE 1.00 X 0 0 0 DAVID EBY TRUSTEE 1.00 X 0 0 0 WALTER GALLO TRUSTEE 1.00 X 0 0 0 MICHAEL L'ECUYER TRUSTEE 1.00 X 0 0 0 MARK LAPRADE CHAIR 1.00 X X 0 0 0 ATTY MARIA LAW TRUSTEE 1.00 X 0 0 0 BARBARA LETVINCHUK TRUSTEE 1.00 X 0 0 0 SHARRON MCCARTHY TRUSTEE 1.00 X 0 0 0 ATTY JENNIFER PARENT VICE CHAIR 1.00 X X 0 0 0 J MICHAEL PERRELLA TREASURER 1.00 X X 0 0 0 MIKE REED TRUSTEE 1.00 X 0 0 0 WAYNE ROBINSON TRUSTEE 1.00 X 0 0 0 MICHAEL SKELTON TRUSTEE 1.00 X 0 0 0 WILLIAM STEVENS TRUSTEE 1.00 X 0 0 0 166567 20000 1 false true false CORNERSTONE PDC LLC 42 WEST BROOK STREET MANCHESTER NH 03101 CONSTRUCTION 1128417 1 20000 958407 978407 SHOW REVENUE 711110 2356783 2356783 HISTORIC FEE 711110 405272 405272 YOUTH THEATRE FEES 711110 362015 362015 RENTS 532000 56598 56598 ADVERTISING INCOME 541800 49125 49125 3229793 99837 99837 5450 5450 5450 5450 1212439 1222435 -9996 -9996 -9996 37301 21024 16277 16277 63034 63034 63034 386877 220294 166583 166583 MISCELLANEOUS 900099 11826 11826 11826 4561211 3237073 63034 282697 135589 135589 1317505 812665 266895 237945 20000 11185 5540 3275 82106 45919 22742 13445 113396 63418 31409 18569 51297 28689 14208 8400 31813 31813 115694 64703 32046 18945 159227 159227 389143 217634 107787 63722 52587 52587 307822 252164 55658 70992 39703 19664 11625 PRODUCTION COSTS 884956 884956 SUBCONTRACTORS 416170 416170 CREDIT CARD FEES 214780 174780 40000 OTHER 122652 34147 43552 44953 222064 167639 28610 25815 4707793 3372999 888100 446694 213968 81714 1462179 1901348 80986 187274 5985 5723 13073 7914605 3033600 3122455 4881005 4340745 4262893 1617169 807110 10856560 12127067 247650 238630 390902 588028 742350 722833 20000 20000 714241 2030284 2115143 3599775 X 3760823 3594796 4980594 4932496 8741417 8527292 10856560 12127067 X -146582 -63020 -4523 X false true X true false X 629227 784985 3981484 1035390 978407 7409493 3180301 3333874 4265400 4373387 3247069 18400031 217313 268891 355557 430174 386877 1658812 4026841 4387750 8602441 5838951 4612353 27468336 27468336 1285 1993 55476 102366 99837 260957 1285 1993 55476 102366 99837 260957 141120 61028 141268 155694 78311 577421 4169246 4450771 8799185 6097011 4790501 28306714 0.97040 0.97200 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4340745 6999 -9851 75000 4262893 4055311 149483 135951 4340745 827655 3192894 34762 4055311 828655 1000 827655 0.97990 0.02010 false false 38883 38883 6481024 2254928 4226096 1394698 778672 616026 4881005 ENDOWMENT FUND RECEIVABLE 627501 DEPOSITS 96067 PREPAID SHOWS 29700 PREPAID INSURANCE 26848 OTHER PREPAIDS 21142 PREPAID POSTAGE 5852 807110 CONSTRUCTION LEASE PAYABLE 1686622 CARES ACT REFUNDABLE ADVANCE 343662 2030284 4534973 -63020 68595 5575 4529398 31813 31813 4561211 4749098 73118 73118 4675980 31813 31813 4707793 SCHEDULE D, PAGE 2, PART V, LINE 4 THE FUND SHALL BE MAINTAINED AS A CAPITAL FUND, WITH NET INCOME DISTRIBUTED ANNUALLY FOR THE PRODUCTION OF PERFORMANCES. SCHEDULE D, PAGE 4, PART XI, LINE 2D MERCHANDISE SALES - EXPENSES 73,118 CHANGE IN ENDOWMENT FUND RECEIVABLE -4,523 SCHEDULE D, PAGE 4, PART XII, LINE 2D MERCHANDISE SALES - EXPENSES 73,118 GOLF TOURNAMENT 23410 23410 7232 5077 23410 23410 7232 5077 12309 11101 false false 63034 true 1.00000 63034 63034 NH true false false false 1.00000 PETER RAMSEY 80 HANOVER ST MANCHESTER NH 03101 true 63034 117063 ROCKINGHAM GAMING LLC 5 TIMOTHY LANE STRATHAM NH 03079 false X false false false false false false false false false PETER RAMSEY CEO 166567 20000 186567 FORM 990 - ORGANIZATION'S MISSION TO ENRICH THE REGION'S CULTURAL LIFE AND SERVE AS A COMMUNITY RESOURCE THROUGH ITS STEWARDSHIP OF THE HISTORIC PALACE THEATRE. IT DOES SO BY PROVIDING A BROAD RANGE OF LIVE, HIGH QUALITY, PROFESSIONAL AND COMMUNITY PERFORMANCES, AS WELL AS EDUCATIONAL OPPORTUNITIES FOR PERFORMERS AND AUDIENCES OF ALL AGES. FORM 990, PAGE 2, PART III, LINE 4A ENRICHING THE REGION'S CULTURAL LIFE AND OFFERING A DIVERSE SELECTION OF EXTREMELY HIGH QUALITY LIVE PERFORMANCES AND EDUCATIONAL OPPORTUNITIES FOR PATRONS, ARTISTS, CHILDREN AND PEOPLE OF ALL AGES DEFINES THE PALACE THEATRE. FROM IN-HOUSE PRODUCED LIVE PROFESSIONAL MUSICAL THEATRE, TOP NAME PRESENTING ENTERTAINMENT, OTHER NON-PROFIT FUNDRAISING EVENTS AND RENTALS FOR MANY COMMUNITY EVENTS ARE ALL PART OF WHAT DEFINES THE PALACE THEATRE. APPROXIMATELY 120,000 PATRONS ATTENDED WITH OVER 252 PERFORMANCES AND EVENTS. YOUTH PERFORMING ARTS PROGRAMS ARE AN INTEGRAL PART OF THE PALACE THEATRE/FOREVER EMMA STUDIOS YOUTH INITIATIVES WITH OVER 19,000 CHILDREN EXPERIENCING THEATRICAL PRODUCTIONS THROUGH PARTICIPATION IN VACATIO CAMPS, SPECIALIZED ACTING COMPANIES AND VOCAL, DANCING OR ACTING CLASSES. ADDITIONALLY, MORE THAN 900 YOUTH, GRADES 2-12 PERFORMED IN A PALACE PRODUCTION. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 GETS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD APPROVES ANNUAL SPENDING TO CERTAIN RELATED BUSINESSES, PROVIDED THAT THE TRANSACTIONS OCCUR AT ARMS LENGTH AND THE COMPENSATION FOR SUCH GOODS/SERVICES DOES NOT EXCEED MARKET VALUE OF SMILIAR GOODS/SERVICES. IN ADDITION, ON AN ANNUAL BASIS, THE CEO REPORTS ON THE AMOUNTS PAID TO THE RELATED ENTITIES AND SEEKS BOARD APPROVAL FOR THE UPCOMING FISCAL YEAR. A PUBLIC NOTICE OF SUCH TRANSACTIONS IS PUBLISHED IN THE LOCAL NEWPAPER(S). FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION COMPARES SALARIES TO EXECUTIVE DIRECTORS OF OTHER THEATRES ON A PERIODIC BASIS. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION COMPARES SALARIES TO OTHER COMPARABLE POSITIONS ON A PERIODIC BASIS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION KEEPS ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AT ITS HEADQUARTERS, AND MAKES THEM AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST OF INTERESTED PARTIES. FORM 990, PART XI, LINE 9 MERCHANDISE SALES - EXPENSES 73,118 CHANGE IN ENDOWMENT FUND RECEIVABLE -4,523 MERCHANDISE SALES - EXPENSES -73,118 TOTAL -4,523