2018-03-09T12:48:07-05:00 2017-06-30 020428003 HESSION & PARE PC 62 STARK STREET MANCHESTER NH 031011970 990 2016-07-01 237356019 PALACE THEATRE TRUST PALA 6036685588 80 HANOVER STREET MANCHESTER NH 03101 PETER RAMSEY CEO 6036685588 2018-02-20 THOMAS J PARE CPA P01275600 6036695477 2018-02-20 E033EC0E97774A8BAD9494D4C6FE99525F0F4AFE BE72A67FF942697E0ACC1C64D5C9713A0AFF5C96 2016 2021-01-29 14:40:06Z PETER RAMSEY 80 HANOVER STREET MANCHESTER NH 03101 4477142 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. 19 19 105 300 5311 4311 629227 784985 3090229 3222672 -3253 1993 360499 350133 4076702 4359783 0 0 1611861 1587640 0 362828 2367340 2583751 3979201 4171391 97501 188392 4333460 4934282 506553 854231 3826907 4080051 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 3236344 3222672 THE PALACE THEATRE ENRICHES THE REGION'S CULTURAL LIFE AND PROVIDES A BROAD SELECTION OF HIGH QUALITY PERFORMANCES AND EDUCATIONAL OPPORTUNITIES FOR ARTISTS, PATRONS AND INDIVIDUALS OF ALL AGES. THE THEATRE HOSTS DIVERSE ARTISTIC PROGRAMMING INCLUDING: MUSICAL THEATRE PRODUCED IN-HOUSE, PRESENTED ENTERTAINMENT, COMMUNITY RENTALS AND MANY FUNDRAISERS FOR OTHER NON-PROFITS. IN FY '17, APPROXIMATELY 135,000 PATRONS ATTENDED OVER 500 PERFORMANCES AND EVENTS. PERFORMING ARTS PROGRAMS FOR YOUTH ARE A PRIORITY AND THERE ARE 6 YOUTH THEATRE INITIATIVES. NEARLY 16,000 LOCAL CHILDREN AND APPROXIMATELY 14,000 STUDENTS FROM CITIES AND TOWNS OUTSIDE MANCHESTER EXPERIENCED THEATRICAL PRODUCTIONS, SPECIALIZED ACTING COMPANIES, CAMPS AND CLASSES. IN ADDITION, OVER 1,200 YOUTH, AGED 8-18 PERFORMED IN PALACE YOUTH THEATRE PRODUCTIONS. 3236344 true true false false false false false false false true true false false true false false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 150 0 true 105 true true true false false false false false false false false false false false X 19 19 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 137601 0 20000 WAYNE ROBINSON CHAIR 1.00 X X 0 0 0 MARK LAPRADE VICE CHAIR 1.00 X X 0 0 0 J MICHAEL PERRELLA TREASURER 1.00 X X 0 0 0 ATTY JENNIFER PARENT SECRETARY 1.00 X X 0 0 0 DOUG BLAIS TRUSTEE 1.00 X 0 0 0 JOE CARELLI TRUSTEE 1.00 X 0 0 0 ANDY CREWS 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 WALTER GALLO TRUSTEE 1.00 X 0 0 0 JUDITH JOLTON TRUSTEE 1.00 X 0 0 0 ATTY MARIA LAW TRUSTEE 1.00 X 0 0 0 MICHAEL L'ECUYER TRUSTEE 1.00 X 0 0 0 BARBARA LETVINCHUK TRUSTEE 1.00 X 0 0 0 KATIE MCQUAID COTE TRUSTEE 1.00 X 0 0 0 LUCIA MERRITT 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 137601 20000 1 false true false 20000 764985 4177 784985 SHOW REVENUE 711110 2249219 2249219 HISTORIC FEE 711110 446400 446400 YOUTH THEATRE FEES 711110 391245 391245 ADVERTISING INCOME 541800 79725 79725 RENTS 532000 56083 56083 3222672 1993 1993 82088 25371 56717 56717 5311 5311 5311 268891 91988 176903 176903 MISCELLANEOUS 900099 111202 111202 111202 4359783 3333874 5311 235613 125000 125000 1275154 835620 212315 227219 20000 11936 4818 3246 57768 34476 13918 9374 109718 65481 26432 17805 36377 21710 8764 5903 90580 54059 21821 14700 307462 307462 217616 129874 52426 35316 8643 8643 160660 138614 22046 53999 32227 13009 8763 PRODUCTION COSTS 897458 897458 SUBCONTRACTORS 328337 328337 OTHER 150112 81253 44585 24274 CREDIT CARD FEES 140529 140529 191978 157308 18442 16228 4171391 3236344 572219 362828 263402 106109 804329 1948797 899117 49881 33526 20079 5387 8043 4271755 2371958 1518570 1899797 809129 901576 4333460 4934282 122729 120254 353993 328259 9831 385718 20000 20000 506553 854231 X 1793335 2430356 1554766 330383 478806 1319312 3826907 4080051 4333460 4934282 X 188392 64752 X false true X true false X 1006486 1656805 745030 629227 784985 4822533 2186716 2362612 2852109 3180301 3333874 13915612 116116 149497 175907 217313 268891 927724 3309318 4168914 3773046 4026841 4387750 19665869 19665869 1298 794 810 1285 1993 6180 1298 794 810 1285 1993 6180 128227 194215 106265 141120 61028 630855 3438843 4363923 3880121 4169246 4450771 20302904 0.96860 0.96390 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 828655 1000 827655 0.96660 0.03340 false false 38883 38883 3336905 1824489 1512416 895967 547469 348498 1899797 ENDOWMENT FUND RECEIVABLE 722059 OTHER PREPAIDS 54476 PREPAID SHOWS 49184 DEPOSITS 32837 PREPAID INSURANCE 18149 OTHER ASSET 13220 DUE FROM ATHENS BLDG 7519 PREPAID ADVERTISING 2157 PREPAID POSTAGE 1975 901576 4424535 64752 64752 4359783 4359783 4171391 4171391 4171391 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 CHANGE IN ENDOWMENT FUND RECEIVABLE 64,752 KITCHEN TOUR 34290 34290 6750 GALA 20850 20850 8657 3 26833 26833 7734 81973 81973 23141 23141 58832 NH X false false false false false false false false false PETER RAMSEY CEO 137601 20000 157601 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 YOUTH THEATRE PRODUCTIONS. 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 CHANGE IN ENDOWMENT FUND RECEIVABLE 64,752