2016-01-11T07:46:29-06:00 2015-06-30 020428003 HESSION & PARE PC 62 STARK STREET MANCHESTER NH 031011970 990 2014-07-01 237356019 PALACE THEATRE TRUST PALA 6036685588 80 HANOVER STREET MANCHESTER NH 03101 PETER RAMSEY EXECUTIVE DIRECTOR 6036685588 2015-12-15 THOMAS J PARE CPA P01275600 6036695477 2016-01-05 2014 2016-04-25 22:37:26Z PETER RAMSEY 80 HANOVER STREET MANCHESTER NH 03101 3920819 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. 23 23 96 250 43126 42126 1656805 745030 2270263 2758753 794 810 369761 300184 4297623 3804777 0 0 1199108 1387918 0 362785 2318181 2324353 3517289 3712271 780334 92506 3961960 4239886 316377 493622 3645583 3746264 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 2809242 2758753 THE PALACE THEATRE IS DEDICATED TO ENRICHING THE REGION'S CULTURAL LIFE AND PROVIDING A BROAD SELECTION OF HIGH QUALITY PERFORMANCES AND EDUCATIONAL OPPORTUNITIES FOR ARTISTS, PATRONS AND INDIVIDUALS OF ALL AGES. THE THEATRE HOSTS THREE TYPES OF DIVERSE ARTISTIC PROGRAMMING INCLUDING MUSICAL THEATRE PRODUCED IN-HOUSE, PRESENTED ENTERTAINMENT AND COMMUNITY RENTALS. IN FY '15, OVER 100,000 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 OF MANCHESTER EXPERIENCED THEATRICAL PRODUCTIONS, SPECIALIZED ACTING COMPANIES, CAMPS AND CLASSES LAST YEAR. IN ADDITION, OVER 1,000 YOUTH, AGED 8-18 PERFORMED IN PALACE YOUTH THEATRE SHOWS. 17,496 TICKETS WERE PURCHASED FOR THE PALACE'S PROFESSIONAL THEATRE FOR CHILDREN PRODUCTIONS AND 25,000 WORTH OF "ANGEL TICKETS" WERE DONATED TO LOCAL STUDENTS. SCHOLARSHIPS FOR CAMPS AND PRODUCTIONS FEES WERE PROVIDED TO 65 CHILDREN. 2809242 true true false false false false false false false false true false false true false false true false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false true 182 0 true 96 true true true false false false false false false false false false false false X 23 23 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 113094 0 20000 ALEXANDER WALKER JR CHAIR 1.00 X X 0 0 0 WAYNE ROBINSON VICE CHAIR 1.00 X X 0 0 0 MARK LAPRADE TREASURER 1.00 X X 0 0 0 J MICHAEL PERRELLA SECRETARY 1.00 X X 0 0 0 ROBERT BAINES TRUSTEE 1.00 X 0 0 0 JIM BURKE 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 JEAN IRVINE 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 LUCIA MERRITT TRUSTEE 1.00 X 0 0 0 JOY MONFRIED TRUSTEE 1.00 X 0 0 0 ATTY JENNIFER PARENT TRUSTEE 1.00 X 0 0 0 CAROL-LYNN SALIBA TRUSTEE 1.00 X 0 0 0 MICHAEL SKELTON TRUSTEE 1.00 X 0 0 0 ATTY ROBERT STEPHEN TRUSTEE 1.00 X 0 0 0 WILLIAM STEVENS TRUSTEE 1.00 X 0 0 0 113094 20000 1 false false false 25600 719430 1728 745030 SHOW REVENUE 711110 1993265 1993265 HISTORIC FEE 711110 344705 344705 YOUTH THEATRE FEES 711110 283703 283703 RENTS 532000 78558 78558 ADVERTISING INCOME 541800 58522 58522 2758753 810 810 103837 39698 64139 64139 43126 43126 43126 175907 76344 99563 99563 MISCELLANEOUS 900099 93356 93356 93356 3804777 2852109 43126 164512 110092 110092 1101703 674983 208856 217864 20000 20000 60618 33765 15955 10898 95505 53198 25137 17170 34900 19440 9186 6274 53635 29875 14117 9643 265963 265963 223891 124709 58929 40253 144806 123696 21110 42855 23870 11280 7705 PRODUCTION COSTS 868989 868989 SUBCONTRACTORS 273625 273625 OTHER 150926 87928 26626 36372 CREDIT CARD FEES 119397 119397 145366 109804 18956 16606 3712271 2809242 540244 362785 113387 492683 300227 443896 1154703 991566 16212 10997 9600 8975 3578329 2120350 1548550 1457979 819281 833790 3961960 4239886 99662 167779 196715 305843 20000 20000 316377 493622 X 1592983 1603381 1500088 1623245 552512 519638 3645583 3746264 3961960 4239886 X 92506 8175 X false true X true false X 417748 600077 1006486 1656805 745030 4426146 1903753 1977273 2186716 2362612 2852109 11282463 67139 98404 116116 149497 175907 607063 2388640 2675754 3309318 4168914 3773046 16315672 16315672 2418 2590 1298 794 810 7910 2418 2590 1298 794 810 7910 113868 95904 128227 194215 106265 638479 2504926 2774248 3438843 4363923 3880121 16962061 0.96190 0.96000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38883 38883 2760318 1659376 1100942 779128 460974 318154 1457979 ENDOWMENT FUND RECEIVABLE 704251 PREPAID SHOWS 62041 PREPAID INSURANCE 19568 DEPOSITS 17732 OTHER PREPAIDS 14038 DUE FROM ATHENS BLDG 13896 PREPAID POSTAGE 1551 PREPAID ADVERTISING 713 833790 3812952 8175 8175 3804777 3804777 3712271 3712271 3712271 SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN ENDOWMENT FUND RECEIVABLE 8,175 KITCHEN TOUR 41460 41460 7938 GALA 26450 26450 7324 3 35927 35927 20500 103837 103837 35762 35762 68075 false false 43126 true 1.00000 43126 43126 NH true false false false 1.00000 PETER RAMSEY 80 HANOVER ST MANCHESTER NH 03101 true 43126 70185 ROCKINGHAM GAMING LLC 5 TIMOTHY LANE STRATHAM NH 03079 false 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 SHOWS. 17,496 TICKETS WERE PURCHASED FOR THE PALACE'S PROFESSIONAL THEATRE FOR CHILDREN PRODUCTIONS AND 25,000 WORTH OF "ANGEL TICKETS" WERE DONATED TO LOCAL STUDENTS. SCHOLARSHIPS FOR CAMPS AND PRODUCTIONS FEES WERE PROVIDED TO 65 CHILDREN. 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 8,175