2017-11-15T11:40:55-06:00 2016-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2016-01-01 742589396 GEORGETOWN PALACE THEATRE INC GEOR 5128697469 P O BOX 1516 GEORGETOWN TX 786271516 ART RODRIGUEZ PRESIDENT 5128697469 2017-11-14 1 SHARON M HERWALD CPA P00079864 2547724901 24.155.125.28 2017-11-14 16:15:41 CS P 22386AE18F0CDFC505175D0939B497476BBA2374 22386AE18F0CDFC505175D0939B497476BBA2374 2016 2017-02-10 21:41:12Z ART RODRIGUEZ P O BOX 1516 GEORGETOWN TX 786271516 1995450 0 X WWW.GEORGETOWNPALACE.COM X 1989 TX TO ENHANCE THE QUALITY OF LIFE IN GEORGETOWN AND WILLIAMSON COUNTY BY PROVIDING A VENUE FOR QUAILTY ENTERTAINMENT AND EDUCATIONAL OPPORTUNITIES IN THE PERFORMING ARTS. 14 14 64 400 -475 -475 460263 641361 1211074 1225383 1029 408 4301 75564 1676667 1942716 0 0 0 0 553273 589895 0 0 0 872555 943638 1425828 1533533 250839 409183 1947303 2394676 511340 457194 1435963 1937482 X TO ENHANCE THE QUALITY OF LIFE IN GEORGETOWN AND WILLIAMSON COUNTY BY PROVIDING A VENUE FOR QUAILTY ENTERTAINMENT AND EDUCATIONAL OPPORTUNITIES IN THE PERFORMING ARTS. 0 0 1374353 948619 PRODUCTION OF PLAYS - DURING THE 2016 PRODUCTION SEASON THE ORGANIZATION PRODUCED 14 PLAYS THAT WERE ATTENDED BY APPROXIMATELY 43,268 PEOPLE. 41122 297863 PRODUCTION OF EDUCATIONAL WORKSHOPS - THE ORGANIZATION HELD 42 WORKSHOPS DURING 2016 THAT WERE ATTENDED BY 687 PEOPLE. 5165 3618 OPERATION OF GUILD ACTIVITIES - GUILD MEMBERS SUPPORT THE PALACE THEATRE BY HOSTING FIRSTNIGHTER PARTIES, CONDUCTING FUNDRAISING ACTIVITIES, AND PARTICIPATING IN LOCAL COMMUNITY ACTIVITIES SUCH AS PARADES AND BOOTHS AT COMMUNITY EVENTS. IN 2016 THE ORGANIZATION PARTICIPATED IN 24 LOCAL COMMUNITY ACTIVITIES WITH APPROXIMATELY 1360 ATTENDEES. PROVIDE A VENUE AND EDUCATIONAL OPPORTUNTIES FOR THE PERFORMING ARTS. THE ORGANIZATION PRESENTED 9 OPPORTUNITIES IN 2016, ATTENDED BY APPROXIMATELY 1800 PERSONS. 1420640 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 64 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GRACE MATLOCK 5128697469 810 SOUTH AUSTIN AVENUE GEORGETOWN TX 78626 ARDEN TREVINO PRESIDENT/EXECUTIVE DIRECTOR 30.00 X X 19440 0 0 ART RODRIGUEZ FIRST VICE PRESIDENT 4.00 X X 0 0 0 RUSS JERNIGAN 2ND VICE PRESIDENT 30.00 X X 0 0 0 GARY BROWN TREASURER 2.00 X X 0 0 0 SONIA ASENDORF SECRETARY 15.00 X X 0 0 0 MICHAEL DAVIS PAST PRESIDENT 10.00 X X 0 0 0 JOHN ARGERSINGER DIRECTOR 15.00 X 0 0 0 LARRY BAIRD DIRECTOR 2.00 X 0 0 0 JOHN CARNES DIRECTOR 25.00 X 0 0 0 BARBARA DORRAH DIRECTOR 4.00 X 0 0 0 PHILIP DORRAH DIRECTOR 4.00 X 0 0 0 ED HARMES DIRECTOR 30.00 X 0 0 0 RICK ROWDER DIRECTOR 2.00 X 0 0 0 DOUG SMITH DIRECTOR 2.00 X 0 0 0 DAVID TREVINO DIRECTOR 2.00 X 0 0 0 KARIN TRUXILLO DIRECTOR 2.00 X 0 0 0 KAREN TURPIN DIRECTOR 2.00 X 0 0 0 MARISSA AUSTIN EXECUTIVE DIRECTOR 30.00 X 43878 0 0 63318 0 0 0 0 0 0 0 641361 641361 BOX OFFICE INCOME 711110 776592 776592 EDUCATION INCOME 711110 297863 297863 SEASON TICKET INCOME 711110 124787 124787 TICKET ORDER FEES 711110 13470 13470 GIFT CERTIFICATES 711110 9053 9053 3618 3618 1225383 1039 1039 51322 0 51322 51322 51322 100 731 -631 -631 -631 52044 52003 41 516 -475 MISCELLANEOUS REVENUE 900099 24201 24201 24201 1942716 1250100 -475 51730 X 63318 58886 4432 483662 449806 33856 42915 39911 3004 19528 19528 277354 276988 366 37907 37744 163 57259 26448 30811 197409 183590 13819 58 58 441 441 21508 20002 1506 65915 61301 4614 9352 8697 655 PRODUCTION COSTS 256907 256768 139 1533533 1420640 112893 0 519561 819471 148758 53940 1650 1780 2461498 972540 1276908 1488958 176 30277 250 250 1947303 2394676 9380 0 481850 456177 20110 1017 511340 457194 X 1042756 1266973 393207 670509 1435963 1937482 1947303 2394676 409183 10318 82018 0 X X 0 1 X 1 0 X 113972 301035 174230 460263 641361 1690861 975370 913098 1062366 1235716 1250869 5437419 1089342 1214133 1236596 1695979 1892230 7128280 0 0 0 7128280 698 1330 1430 1029 809 5296 698 1330 1430 1029 809 5296 -372 -11159 -3068 -475 -15074 8590 36302 44019 75523 164434 1090040 1223681 1263169 1737959 1968087 7282936 0.97880 0.98640 0.00070 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 1888978 748293 1140685 330225 224247 105978 222295 222295 1488958 PAYROLL TAX LIABILITIES 1017 1017 X 2005668 10318 52003 62321 1943347 -631 -631 1942716 1585536 52003 52003 1533533 0 1533533 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS ALSO BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2015. FASB ASC SECTION 740, INCOME TAXES, REQUIRES EXTENSIVE DISCLOSURES ABOUT UNCERTAIN TAX POSITIONS. THE REQUIREMENTS OF THIS STANDARD ARE APPLICABLE TO NONPROFIT ORGANIZATIONS. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF FASB ASC 450, CONTINGENCIES. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT'S JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS ENGAGED IN ANY SITUATION THAT WOULD RESULT IN AN UNCERTAIN TAX POSITION. AS A RESULT, MANAGEMENT DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS CURRENTLY EXIST AND THEREFORE, NO LOSS CONTINGENCY HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATIONS FILE ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE OFFICE OF THE STATE'S ATTORNEY GENERAL FOR THE STATE OF TEXAS. THE LAST THREE TAX YEARS REMAIN OPEN TO EXAMINATION BY THE MAJOR TAXING JURISDICTIONS IN WHICH THE COMPANY FILES INCOME TAX RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UBIT PRINTING COSTS OFFSET AGAINST REVENUE ON 990 27,033. CONCESSION/MERCHANDISE COSTS OFFSET AGAINST REVENUE ON 990 24,970. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET -631. PART XII, LINE 2D - OTHER ADJUSTMENTS: UBIT PRINTING COSTS OFFSET AGAINST REVENUE ON 990 27,033. CONCESSION/MERCHANDISE COSTS OFFSET AGAINST REVENUE ON 990 24,970. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AT A MONTHLY BOARD MEETING PRIOR TO FILING OR A COPY IS EMAILED TO BOARD MEMBERS IF THE RETURN IS NOT AVAILABLE FOR REVIEW AT A REGULARLY SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MONITORS CONFLICTS OF INTEREST ANNUALLY FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEWED AND APPROVED BY BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE EXECUTIVE DIRECTOR AND ARTISTIC DIRECTOR HAVE CONTRACTS FOR EMPLOYMENT THAT ARE REVIEWED AND RENEWED ANNUALY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PRODUCTION RELATED CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,466. MANAGEMENT AND GENERAL EXPENSES 24. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,490. PRODUCTION DIRECTOR: PROGRAM SERVICE EXPENSES 15,992. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,992. PRODUCTION MANAGER: PROGRAM SERVICE EXPENSES 21,316. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,316. VOCAL/DANCE: PROGRAM SERVICE EXPENSES 24,934. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,934. ORCHESTRA/BAND: PROGRAM SERVICE EXPENSES 121,143. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 121,143. LIGHTING/SOUND: PROGRAM SERVICE EXPENSES 43,048. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,048. SET CONSTRUCTION: PROGRAM SERVICE EXPENSES 28,090. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,090. LOBBY LABOR: PROGRAM SERVICE EXPENSES 950. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 950. CHILD WORKSHOP: PROGRAM SERVICE EXPENSES 15,510. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,510. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 4,539. MANAGEMENT AND GENERAL EXPENSES 342. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,881. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.