PALACE THEATRE TRUST: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PALACE THEATRE TRUST (EIN 23-7356019)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-04-17
IRS object ID: 201441079349300014
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-04-17T12:26:19-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HESSION & PARE PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	62 STARK STREET	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	031011970	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	237356019	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PALACE THEATRE TRUST	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PALA	NameControl
Phone	6036685588	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	80 HANOVER STREET	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03101	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PETER RAMSEY	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	6036685588	Phone
Date Signed	2014-03-13	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	THOMAS J PARE CPA	Name
Phone	6036695477	Phone
Date Prepared	2014-03-13	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	PETER RAMSEY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	80 HANOVER STREET	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03101	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	3472764	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.PALACETHEATRE.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1974	YearFormation
State Legal Domicile	NH	StateLegalDomicile
Activity Or Mission Description	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.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	21	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	21	NbrIndependentVotingMembers
Total Nbr Employees	82	TotalNbrEmployees
Total Nbr Volunteers	275	TotalNbrVolunteers
Total Gross UBI	51843	TotalGrossUBI
Net Unrelated Business Txbl Income	50843	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	600077	ContributionsGrantsPriorYear
Contributions Grants Current Year	1006486	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1920377	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2108350	ProgramServiceRevenueCY
Investment Income Prior Year	2590	InvestmentIncomePriorYear
Investment Income Current Year	1698	InvestmentIncomeCurrentYear
Other Revenue Prior Year	207250	OtherRevenuePriorYear
Other Revenue Current Year	271287	OtherRevenueCurrentYear
Total Revenue Prior Year	2730294	TotalRevenuePriorYear
Total Revenue Current Year	3387821	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1078858	SalariesEtcPriorYear
Salaries Etc Current Year	1144775	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	283475	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1635860	OtherExpensePriorYear
Other Expenses Current Year	1810070	OtherExpensesCurrentYear
Total Expenses Prior Year	2714718	TotalExpensesPriorYear
Total Expenses Current Year	2954845	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	15576	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	432976	RevenuesLessExpensesCY
Total Assets BOY	2684993	TotalAssetsBOY
Total Assets EOY	3305264	TotalAssetsEOY
Total Liabilities BOY	383626	TotalLiabilitiesBOY
Total Liabilities EOY	516560	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2301367	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2788704	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	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.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	2215758	Expense
Revenue	2108350	Revenue
Description	THE PALACE THEATRE IS DEDICATED TO KEEPING LIVE THEATRE THRIVING IN MANCHESTER THROUGH PRODUCING MUSICAL THEATRE SHOWS, PRESENTING PERFORMING ARTS, AS WELL AS EDUCATIONAL OPPORTUNITIES FOR PERFORMERS OF ALL AGES. THE THEATRE HAS OVER 100,000 PATRONS. IN FY '13 THERE WERE OVER 266 PERFORMANCES; 1,234 CHILDREN AGES 8-18 PARTICIPATED IN MANY OF OUR YOUTH PRODUCTIONS; 26,500 GUESTS ATTENDED YOUTH PERFORMANCES. THEATRE CAMPS SERVED 279 CHILDREN OF WHICH 56 PARTICIPANTS WERE ON SCHOLARSHIPS. IN ADDITION, WE PERFORMED 11 LIVE PERFORMANCES IN 5 MANCHESTER CITY SCHOOLS WHERE 6,085 CHILDREN EXPERIENCED AN ORIGINAL CHILDREN'S SHOW BASED ON SELF ESTEEM.	Description
Total Program Service Expense	2215758	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	true	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	147	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	82	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	21	NbrVotingGoverningBodyMembers
Number Independent Voting Members	21	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	PETER RAMSEY	NamePerson
Telephone Number	6036685588	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	80 HANOVER ST	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03101	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (22 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
PETER RAMSEY
CEO	40.00	X	X	113842	0	0
ROBERT BAINES
TRUSTEE	1.00	X		0	0	0
ANDY CREWS
TRUSTEE	1.00	X		0	0	0
ELEANOR DAHAR
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
KATHY GILLETT
TRUSTEE	1.00	X		0	0	0
JUDITH JOLTON
TRUSTEE	1.00	X		0	0	0
QUENTIN KEEFE
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
LUCIA MERRITT
TRUSTEE	1.00	X		0	0	0
ATTY JENNIFER PARENT
TRUSTEE	1.00	X		0	0	0
J MICHAEL PERRELLA
SECRETARY	1.00	X	X	0	0	0
WAYNE ROBINSON
TREASURER	1.00	X	X	0	0	0
CAROL-LYNN SALIBA
TRUSTEE	1.00	X		0	0	0
NICK SOGGU
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
ALEXANDER WALKER JR
VICE CHAIR	1.00	X	X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	113842	TotalReportableCompFromOrg
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	298600	GovernmentGrants
All Other Contributions	707886	AllOtherContributions
Total Contributions	1006486	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SHOW REVENUE	1485450	1485450
HISTORIC FEE	254156	254156
YOUTH THEATRE FEES	231228	231228
ADVERTISING INCOME	71972	71972
RENTS	65544	65544

Field	Value	IRS element (for citing)
Total Program Service Revenue	2108350	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1298	TotalRevenueColumn
Exclusion	$1,298	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	400	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	400	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	400	TotalRevenueColumn
Related Or Exempt Function Income	400	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	109905	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	32521	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	77384	TotalRevenueColumn
Exclusion	$77,384	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	51843	GrossIncomeGaming

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	51843	TotalRevenueColumn
Unrelated Business Revenue	51843	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	116116	GrossSalesOfInventory
Cost Of Goods Sold	52422	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	63694	TotalRevenueColumn
Exclusion	$63,694	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS	Description
Total Revenue Column	78366	TotalRevenueColumn
Related Or Exempt Function Income	78366	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	78366	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3387821	TotalRevenueColumn
Related Or Exempt Function Income	2187116	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	51843	UnrelatedBusinessRevenue
Exclusion	$142,376	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	110304	Total
Management And General	110304	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	884901	Total
Program Services	544475	ProgramServices
Management And General	166935	ManagementAndGeneral
Fundraising	173491	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	66413	Total
Program Services	36334	ProgramServices
Management And General	18501	ManagementAndGeneral
Fundraising	11578	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	83157	Total
Program Services	45495	ProgramServices
Management And General	23165	ManagementAndGeneral
Fundraising	14497	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	34822	Total
Program Services	19051	ProgramServices
Management And General	9701	ManagementAndGeneral
Fundraising	6070	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	47356	Total
Program Services	25908	ProgramServices
Management And General	13192	ManagementAndGeneral
Fundraising	8256	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	158620	Total
Program Services	158620	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	177492	Total
Program Services	97106	ProgramServices
Management And General	49444	ManagementAndGeneral
Fundraising	30942	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	130238	Total
Program Services	110115	ProgramServices
Management And General	20123	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	39999	Total
Program Services	21883	ProgramServices
Management And General	11143	ManagementAndGeneral
Fundraising	6973	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
PRODUCTION COSTS	722725	722725
SUBCONTRACTORS	225527	225527
OTHER	80158	42177	18704	19277
CREDIT CARD FEES	77535	77535

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	115598	Total
Program Services	88807	ProgramServices
Management And General	14400	ManagementAndGeneral
Fundraising	12391	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2954845	Total
Program Services	2215758	ProgramServices
Management And General	455612	ManagementAndGeneral
Fundraising	283475	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	137253	BOY
EOY	211352	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	387066	BOY
EOY	596136	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	104171	BOY
EOY	461868	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	899	BOY
EOY	26504	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	7937	BOY
EOY	7609	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3082385	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1842647	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1350578	BOY
EOY	1239738	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	697089	BOY
EOY	762057	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2684993	BOY
EOY	3305264	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	152495	BOY
EOY	124917	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	211131	BOY
EOY	371643	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	20000	BOY
EOY	20000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	383626	BOY
EOY	516560	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1630648	BOY
EOY	1559127	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	206594	BOY
EOY	736363	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	464125	BOY
EOY	493214	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2301367	BOY
EOY	2788704	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2684993	BOY
EOY	3305264	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	432976	ReconcilationRevenueExpenses
Reconcilation Donated Services	3650	ReconcilationDonatedServices
Reconcilation Other Changes	50711	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	558533	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	472298	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	417748	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	600077	CurrentTaxYearMinus1Year
Current Tax Year	1006486	CurrentTaxYear
Total	3055142	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1517333	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1681602	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1903753	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1977273	CurrentTaxYearMinus1Year
Current Tax Year	2186716	CurrentTaxYear
Total	9266677	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	54159	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	67139	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	98404	CurrentTaxYearMinus1Year
Current Tax Year	116116	CurrentTaxYear
Total	335818	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2075866	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2208059	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2388640	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2675754	CurrentTaxYearMinus1Year
Current Tax Year	3309318	CurrentTaxYear
Total	12657637	Total

Field	Value	IRS element (for citing)
Public Support Total509	12657637	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4652	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3289	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2418	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2590	CurrentTaxYearMinus1Year
Current Tax Year	1298	CurrentTaxYear
Total	14247	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4652	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3289	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2418	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2590	CurrentTaxYearMinus1Year
Current Tax Year	1298	CurrentTaxYear
Total	14247	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	64079	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	72527	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	113868	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	95904	CurrentTaxYearMinus1Year
Current Tax Year	128227	CurrentTaxYear
Total	474605	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2144597	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2283875	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2504926	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2774248	CurrentTaxYearMinus1Year
Current Tax Year	3438843	CurrentTaxYear
Total	13146489	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.96280	PublicSupportPercentage509
Prior Year Support Percentage	0.96560	PriorYearSupportPercentage
Investment Income Percentage	0.00000	InvestmentIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	38883	OtherCostOrOtherBasis
Book Value	38883	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2421536	OtherCostOrOtherBasis
Depreciation	1504272	Depreciation
Book Value	917264	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	621966	OtherCostOrOtherBasis
Depreciation	338375	Depreciation
Book Value	283591	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1239738	TotalOfBookValueLandBuildings

Other Assets OtherAssets (8 entries)

DescriptionDescription	Book ValueBookValue
ENDOWMENT FUND RECEIVABLE	639294
PREPAID SHOWS	46239
DEPOSITS	43786
PREPAID INSURANCE	16447
DUE FROM ATHENS BLDG	8216
OTHER PREPAIDS	4926
PREPAID ADVERTISING	1800
PREPAID POSTAGE	1349

Field	Value	IRS element (for citing)
Total Book Value Other Assets	762057	TotalBookValueOtherAssets
Tot Revenue Etc Audited Fincl Stmt	3442182	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	3650	DonatedSrvcAndUseOfFacilities
Other Revenues	50711	OtherRevenues
Revenue Not Rptd F990	54361	RevenueNotRptdF990
Revenue Subtotal	3387821	RevenueSubtotal
Total Revenue Per Form990	3387821	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	2954845	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	2954845	ExpensesSubtotal
Total Expenses Per Form990	2954845	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	Identifier
Return Reference	SCHEDULE D, PAGE 4, PART XI, LINE 2D	ReturnReference
Explanation	CHANGE IN ENDOWMENT FUND RECEIVABLE 50,711	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	KITCHEN TOUR	NameOfEvent1
Gross Receipts Event1	27860	GrossReceiptsEvent1
Gross Revenue Event1	27860	GrossRevenueEvent1
Other Direct Expenses Event1	4172	OtherDirectExpensesEvent1
Name Of Event2	WINE FESTIVAL	NameOfEvent2
Gross Receipts Event2	22971	GrossReceiptsEvent2
Gross Revenue Event2	22971	GrossRevenueEvent2
Other Direct Expenses Event2	8601	OtherDirectExpensesEvent2
Total Number Of Other Events	3	TotalNumberOfOtherEvents
Gross Receipts Other Events	59074	GrossReceiptsOtherEvents
Gross Revenue Other Events	59074	GrossRevenueOtherEvents
Other Direct Expenses Other Events	17022	OtherDirectExpensesOtherEvents
Gross Receipts Total	109905	GrossReceiptsTotal
Gross Revenue Total Events	109905	GrossRevenueTotalEvents
Other Direct Expenses Total Events	29795	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	29795	DirectExpenseSummaryEvents
Net Income Summary	80110	NetIncomeSummary

Gaming Information GamingInformation

Field	Value	IRS element (for citing)
Volunteer Labor Bingo	false	VolunteerLaborBingo
Volunteer Labor Pull Tabs	false	VolunteerLaborPullTabs
Gross Revenue Other Gaming	51843	GrossRevenueOtherGaming
Volunteer Labor Other Gaming	true	VolunteerLaborOtherGaming
Volunteer Labor Prcnt Other Gaming	1.00000	VolunteerLaborPrcntOtherGaming
Gross Revenue Total Gaming	51843	GrossRevenueTotalGaming
Net Gaming Income Summary	51843	NetGamingIncomeSummary

Field	Value	IRS element (for citing)
States Where Gaming Conducted	NH	StatesWhereGamingConducted
Licensed	true	Licensed
License Suspended Etc	false	LicenseSuspendedEtc
Gaming With Nonmembers	false	GamingWithNonmembers
Member Of Other Entity	false	MemberOfOtherEntity
Percentage Of Gaming Othr Facility	1.00000	PercentageOfGamingOthrFacility
Name Of Gaming Rec Keeper Person	PETER RAMSEY	NameOfGamingRecKeeperPerson

Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS

Field	Value	IRS element (for citing)
Address Line1	80 HANOVER ST	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03101	ZIPCode

Field	Value	IRS element (for citing)
Contract With3rd Party For Gam Rev	true	ContractWith3rdPartyForGamRev
Amt Of Gaming Revenue Recvd By Org	51843	AmtOfGamingRevenueRecvdByOrg
Amt Of Gaming Revenue Retnd By3 Prty	52380	AmtOfGamingRevenueRetndBy3Prty
Name Of Third Party Person	ROCKINGHAM GAMING LLC	NameOfThirdPartyPerson

Address Of Third Party US AddressOfThirdPartyUS

Field	Value	IRS element (for citing)
Address Line1	5 TIMOTHY LANE	AddressLine1
City	STRATHAM	City
State	NH	State
ZIP Code	03079	ZIPCode

Field	Value	IRS element (for citing)
Charitable Distrib Required	false	CharitableDistribRequired

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	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.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE FORM 990 GETS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD PRIOR TO SUBMISSION.
ENFORCEMENT OF CONFLICTS POLICY	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).
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE ORGANIZATION COMPARES SALARIES TO EXECUTIVE DIRECTORS OF OTHER THEATRES ON A PERIODIC BASIS.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE ORGANIZATION COMPARES SALARIES TO OTHER COMPARABLE POSITIONS ON A PERIODIC BASIS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	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.
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	CHANGE IN ENDOWMENT FUND RECEIVABLE 50,711