Civic Intelligence

Historic Palace Inc

990 • Fiscal year 2018 • EIN 16-1596628

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 06, 2019

Organization ProfileWWW.LOCKPORTPALACETHEATRE.COM
2 East AvenueLockport, NY 14095

(716) 438-1130

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.08x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.10x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Asset Growth

87th percentile

37%

Faster asset growth than 87% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

79th percentile

34%

Faster revenue growth than 79% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$1,149,383

Up $310,265 (+37%) from 2017

Net Assets

Up

$1,057,323

Up $331,869 (+46%) from 2017

Liabilities

Down

$92,060

Down $21,604 (-19%) from 2017

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin86th percentile

Revenue

Up

$935,804

Up $236,533 (+34%) from 2017

Expenses

Down

$603,935

Down $963 (-0.2%) from 2017

Net Income

Up

$331,869

Up $237,496 (+252%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $617,481Liabilities 2011: $123,707Net Assets 2011: $493,7742011Assets 2012: $802,759Liabilities 2012: $114,671Net Assets 2012: $688,0882012Assets 2013: $840,041Liabilities 2013: $129,405Net Assets 2013: $710,6362013Assets 2014: $767,856Liabilities 2014: $139,977Net Assets 2014: $627,8792014Assets 2015: $742,464Liabilities 2015: $123,007Net Assets 2015: $619,4572015Assets 2016: $742,312Liabilities 2016: $111,231Net Assets 2016: $631,0812016Assets 2017: $839,118Liabilities 2017: $113,664Net Assets 2017: $725,4542017Assets 2018: $1,149,383Liabilities 2018: $92,060Net Assets 2018: $1,057,3232018Assets 2019: $1,927,686Liabilities 2019: $279,211Net Assets 2019: $1,648,4752019Assets 2020: $2,775,946Liabilities 2020: $1,072,974Net Assets 2020: $1,702,9722020Assets 2021: $3,290,821Liabilities 2021: $1,029,435Net Assets 2021: $2,261,3862021Assets 2022: $4,212,813Liabilities 2022: $979,906Net Assets 2022: $3,232,9072022Assets 2023: $3,365,654Liabilities 2023: $350,039Net Assets 2023: $3,015,6152023Assets 2024: $3,303,004Liabilities 2024: $507,836Net Assets 2024: $2,795,1682024

Highlighted filing

2018

Assets$1,149,383
Liabilities$92,060
Net Assets$1,057,323
Open 2018 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $321,2192011Expenses 2012: $457,1462012Revenue 2013: $534,111Expenses 2013: $511,558Net Income 2013: $22,5532013Revenue 2014: $520,896Expenses 2014: $603,652Net Income 2014: -$82,7562014Revenue 2015: $475,897Expenses 2015: $484,315Net Income 2015: -$8,4182015Revenue 2016: $560,506Expenses 2016: $548,882Net Income 2016: $11,6242016Revenue 2017: $699,271Expenses 2017: $604,898Net Income 2017: $94,3732017Revenue 2018: $935,804Expenses 2018: $603,935Net Income 2018: $331,8692018Revenue 2019: $1,142,741Expenses 2019: $551,589Net Income 2019: $591,1522019Revenue 2020: $490,967Expenses 2020: $436,470Net Income 2020: $54,4972020Revenue 2021: $1,162,461Expenses 2021: $604,047Net Income 2021: $558,4142021Revenue 2022: $2,038,484Expenses 2022: $1,036,274Net Income 2022: $1,002,2102022Revenue 2023: $903,639Expenses 2023: $1,120,931Net Income 2023: -$217,2922023Revenue 2024: $994,274Expenses 2024: $1,214,721Net Income 2024: -$220,4472024

Highlighted filing

2018

Revenue$935,804
Expenses$603,935
Net Income$331,869
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 6, 2019
Return Version
2018v3.1
Gross Receipts
$968,574
Mission and Program Overview

Mission

Preserving and maintaining community historic theatre.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$640,983$971,280▲ $330,297
Pledges and Grants Receivable-$89,495-
Cash and Non-Interest-Bearing Accounts$174,091$64,602▼ $109,489
Other Notes and Loans Receivable, Net$17,927$20,719▲ $2,792
Intangible Assets$2,837$2,629▼ $208
Prepaid Expenses and Deferred Charges$3,280$658▼ $2,622
Total Assets$839,118$1,149,383▲ $310,265
Liabilities
Other Liabilities$67,609$64,301▼ $3,308
Accounts Payable and Accrued Expenses$46,055$27,759▼ $18,296
Total Liabilities$113,664$92,060▼ $21,604
Net Assets / Fund Balance
Unrestricted Net Assets$557,804$1,057,323▲ $499,519
Temporarily Rstr Net Assets$167,650--
Total Net Assets Fund Balance$725,454$1,057,323▲ $331,869
Total Liabilities and Net Assets / Fund Balance$839,118$1,149,383▲ $310,265

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$971,280$616,862$1,588,142
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Ellen SchratzPresident
Aaron CarlsonDirector
Amy BryanDirector
Anne MllerDirector
Brian SmithDirector
David WohlebenDirector
Dawn KeoughDirector
Deborah FrancoDirector
Ellen RothDirector
Geoff KoplasDirector
George FritzDirector
Jeff SchratzDirector
Jeff TracyDirector
Jodie HodgeDirector
Rebecca WilsonDirector
Sue GlynnSecretary
Scott DelucaTreasurer
Phil CzarneckiVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$472,103
Program Service Revenue
$406,845
Investment Income
$0
Other Revenue
$56,856
All Other Contributions
$472,103
Change in Net Assets
$331,869

Audited Revenue Reconciliation

Revenue per Audited Statements
$935,804
Total Revenue per Audited Statements
$935,804
Total Revenue per Form 990
$935,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$447,910
Salaries, Compensation, and Employee Benefits$156,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$39,006$117,019-$156,025
All Other Expenses$23,250$64,135-$87,385
Depreciation Depletion$15,223$45,671-$60,894
Other Expenses$9,772$29,318-$39,090
Insurance$5,531$16,595-$22,126
Interest-$5,088-$5,088
Total Functional Expenses$326,109$277,826$0$603,935

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$603,935
Total Expenses per Audited Statements$603,935
Total Expenses per Form 990$603,935
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$64,301
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Officers review form 990 for accuracy prior to filing.”

Form 990, Page 6, Part VI, Line 19

“The financial statements and form 990 are filed with the nys charities bureau and are available to the public on their website.”

Filing and Contact Details

Filer

Filer Name
Historic Palace Inc
EIN
16-1596628
Phone
7164381130
Address
2 EAST AVENUE, LOCKPORT, NY 14095

Signing Officer

Name
Ellen Schratz
Title
President
Phone
7164381130
Signed
2019-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ellen Schratz
Formed
2000
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
15

Preparer

Firm
Wittlin Cain & Dry Llp
Address
17 BERESFORD COURT, WILLIAMSVILLE, NY 14221
Preparer
Jay S Dry CPA
Phone
7166347253
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Repairs & maintenance 0 29,803 0 equipment & facilt. Rent 23,250 0 0 supplies 0 13,533 0 miscellaneous 0 8,465 0 telephone 0 4,708 0 office expense 0 4,615 0 postage 0 3,011 0 total 23,250 64,135 0”

Raw XML AppendixShowing 400 of 428 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt046055
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027759
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PRESERVING AND MAINTAINING COMMUNITY HISTORIC THEATRE.
IRS990/AllOtherContributionsAmt0472103
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt064135
IRS990/AllOtherExpensesGrp/ProgramServicesAmt023250
IRS990/AllOtherExpensesGrp/TotalAmt087385
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum07164381130
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02 EAST AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOCKPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014094
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0174091
IRS990/CashNonInterestBearingGrp/EOYAmt064602
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt032770
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0472103
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0447910
IRS990/CYOtherRevenueAmt056856
IRS990/CYProgramServiceRevenueAmt0406845
IRS990/CYRevenuesLessExpensesAmt0331869
IRS990/CYSalariesCompEmpBnftPaidAmt0156025
IRS990/CYTotalExpensesAmt0603935
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0935804
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt045671
IRS990/DepreciationDepletionGrp/ProgramServicesAmt015223
IRS990/DepreciationDepletionGrp/TotalAmt060894
IRS990/Desc0PRESERVING AND MAINTAINING COMMUNITY HISTORIC THEATRE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0326109
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID WOHLEBEN
IRS990/Form990PartVIISectionAGrp/PersonNm1AMY BRYAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DEBORAH FRANCO
IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE FRITZ
IRS990/Form990PartVIISectionAGrp/PersonNm4JODIE HODGE
IRS990/Form990PartVIISectionAGrp/PersonNm5DAWN KEOUGH
IRS990/Form990PartVIISectionAGrp/PersonNm6ELLEN ROTH
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFF SCHRATZ
IRS990/Form990PartVIISectionAGrp/PersonNm8BRIAN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9AARON CARLSON
IRS990/Form990PartVIISectionAGrp/PersonNm10GEOFF KOPLAS
IRS990/Form990PartVIISectionAGrp/PersonNm11ANNE MLLER
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFF TRACY
IRS990/Form990PartVIISectionAGrp/PersonNm13REBECCA WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm14ELLEN SCHRATZ
IRS990/Form990PartVIISectionAGrp/PersonNm15PHIL CZARNECKI
IRS990/Form990PartVIISectionAGrp/PersonNm16SUE GLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm17SCOTT DELUCA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0968574
IRS990/GrossSalesOfInventoryAmt089626
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt016595
IRS990/InsuranceGrp/ProgramServicesAmt05531
IRS990/InsuranceGrp/TotalAmt022126
IRS990/IntangibleAssetsGrp/BOYAmt02837
IRS990/IntangibleAssetsGrp/EOYAmt02629
IRS990/InterestGrp/ManagementAndGeneralAmt05088
IRS990/InterestGrp/TotalAmt05088
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt021
IRS990/LandBldgEquipAccumDeprecAmt0616862
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0640983
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0971280
IRS990/LandBldgEquipCostOrOtherBssAmt01588142
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PRESERVING AND MAINTAINING COMMUNITY HISTORIC THEATRE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0725454
IRS990/NetAssetsOrFundBalancesEOYAmt01057323
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt056856
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt056856
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0PRODUCTION
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc2PROMOTION
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029318
IRS990/OtherExpensesGrp/ProgramServicesAmt097824
IRS990/OtherExpensesGrp/ProgramServicesAmt189163
IRS990/OtherExpensesGrp/ProgramServicesAmt246340
IRS990/OtherExpensesGrp/ProgramServicesAmt39772
IRS990/OtherExpensesGrp/TotalAmt097824
IRS990/OtherExpensesGrp/TotalAmt189163
IRS990/OtherExpensesGrp/TotalAmt246340
IRS990/OtherExpensesGrp/TotalAmt339090
IRS990/OtherLiabilitiesGrp/BOYAmt067609
IRS990/OtherLiabilitiesGrp/EOYAmt064301
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0117019
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039006
IRS990/OtherSalariesAndWagesGrp/TotalAmt0156025
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt017927
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt020719
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt089495
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03280
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0658
IRS990/PrincipalOfficerNm0ELLEN SCHRATZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0THEATRE PERFORMANCE & RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0406845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0406845
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0285763
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0447605
IRS990/PYOtherRevenueAmt056365
IRS990/PYProgramServiceRevenueAmt0357143
IRS990/PYRevenuesLessExpensesAmt094373
IRS990/PYSalariesCompEmpBnftPaidAmt0157293
IRS990/PYTotalExpensesAmt0604898
IRS990/PYTotalRevenueAmt0699271
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0331869
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0406845
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0472103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0285763
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0147132
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0112482
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0110769
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01128249
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0496471
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0448114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0450535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0400528
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0441993
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02237641
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03365890
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0968574
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0733877
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0597667
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0513010
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0552762
IRS990ScheduleA/Total509Grp/TotalAmt03365890
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0968574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0733877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0597667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0513010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0552762
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03365890
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0603935
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0971280
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0616862
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01588142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt064301
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0935804
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0971280
IRS990ScheduleD/TotalExpensesPerForm990Amt0603935
IRS990ScheduleD/TotalLiabilityAmt064301
IRS990ScheduleD/TotalRevenuePerForm990Amt0935804
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0935804
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0603935
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS REVIEW FORM 990 FOR ACCURACY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL STATEMENTS AND FORM 990 ARE FILED WITH THE NYS CHARITIES BUREAU AND ARE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REPAIRS & MAINTENANCE 0 29,803 0 EQUIPMENT & FACILT. RENT 23,250 0 0 SUPPLIES 0 13,533 0 MISCELLANEOUS 0 8,465 0 TELEPHONE 0 4,708 0 OFFICE EXPENSE 0 4,615 0 POSTAGE 0 3,011 0 TOTAL 23,250 64,135 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0167650
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0839118
IRS990/TotalAssetsEOYAmt01149383
IRS990/TotalAssetsGrp/BOYAmt0839118
IRS990/TotalAssetsGrp/EOYAmt01149383
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0472103
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0277826
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0326109
IRS990/TotalFunctionalExpensesGrp/TotalAmt0603935
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0113664
IRS990/TotalLiabilitiesEOYAmt092060
IRS990/TotalLiabilitiesGrp/BOYAmt0113664
IRS990/TotalLiabilitiesGrp/EOYAmt092060
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0725454
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01057323
IRS990/TotalProgramServiceExpensesAmt0326109
IRS990/TotalProgramServiceRevenueAmt0406845
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0463701
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0935804
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0839118
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01149383
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0557804
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01057323
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.LOCKPORTPALACETHEATRE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELLEN SCHRATZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07164381130
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISTORIC PALACE INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,149,383
Liabilities
$92,060
Net assets
$1,057,323
Revenue
$935,804
Expenses
$603,935
Net income
$331,869
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.51$2.80$0.99$1.21$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.37$0.35$3.02$0.90$1.12$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.21$0.98$3.23$2.04$1.04$1.00
2021Detailed filing. Detailed filing data is available for this year.$3.29$1.03$2.26$1.16$0.60$0.56
2020Detailed filing. Detailed filing data is available for this year.$2.78$1.07$1.70$0.49$0.44$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.93$0.28$1.65$1.14$0.55$0.59
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.09$1.06$0.94$0.60$0.33
2017Detailed filing. Detailed filing data is available for this year.$0.84$0.11$0.73$0.70$0.60$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.11$0.63$0.56$0.55$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.74$0.12$0.62$0.48$0.48$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.14$0.63$0.52$0.60$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.13$0.71$0.53$0.51$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.11$0.69$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.12$0.49$0.32