Civic Intelligence

Palm Arts Inc

990EZ • Fiscal year 2012 • EIN 27-0962251

Jul 01, 2011 to Jun 30, 2012 • Filed on Aug 24, 2012

Organization Profilewww.telluridedance.com
721 W Colorado Avenue81435
Siviq Scores

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

Liabilities / Assets

64th percentile

0.02x

Higher debt load relative to assets than 64% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

49th percentile

2.2%

Higher net margin than 49% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Balance Sheet
Liabilities / Assets64th percentile

Assets

$12,325

No earlier filing loaded for comparison.

Net Assets

$12,040

No earlier filing loaded for comparison.

Liabilities

$285

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin49th percentile

Revenue

$107,411

No earlier filing loaded for comparison.

Expenses

$105,005

No earlier filing loaded for comparison.

Net Income

$2,406

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2012: $12,325Liabilities 2012: $285Net Assets 2012: $12,0402012Assets 2013: $12,940Liabilities 2013: $3,003Net Assets 2013: $9,9372013Assets 2014: $10,890Liabilities 2014: $1,082Net Assets 2014: $9,8082014Assets 2015: $265,250Liabilities 2015: $708Net Assets 2015: $264,5422015Assets 2016: $287,567Liabilities 2016: $6,970Net Assets 2016: $280,5972016Assets 2018: $537,547Liabilities 2018: $48,919Net Assets 2018: $488,6282018Assets 2019: $574,657Liabilities 2019: $21,625Net Assets 2019: $553,0322019Assets 2020: $584,174Liabilities 2020: $39,418Net Assets 2020: $544,7562020Assets 2021: $788,064Liabilities 2021: $36,218Net Assets 2021: $751,8462021Assets 2022: $928,673Liabilities 2022: $4,658Net Assets 2022: $924,0152022Assets 2023: $977,271Liabilities 2023: $39,424Net Assets 2023: $937,8472023Assets 2024: $1,065,897Liabilities 2024: $14,399Net Assets 2024: $1,051,4982024Assets 2025: $1,114,718Liabilities 2025: $23,189Net Assets 2025: $1,091,5292025

Highlighted filing

2012

Assets$12,325
Liabilities$285
Net Assets$12,040
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $107,411Expenses 2012: $105,005Net Income 2012: $2,4062012Revenue 2013: $145,585Expenses 2013: $148,209Net Income 2013: -$2,6242013Revenue 2014: $136,495Expenses 2014: $136,624Net Income 2014: -$1292014Revenue 2015: $407,860Expenses 2015: $152,482Net Income 2015: $255,3782015Revenue 2016: $148,245Expenses 2016: $137,231Net Income 2016: $11,0142016Revenue 2018: $391,261Expenses 2018: $278,383Net Income 2018: $112,8782018Revenue 2019: $420,115Expenses 2019: $355,711Net Income 2019: $64,4042019Revenue 2020: $322,559Expenses 2020: $330,835Net Income 2020: -$8,2762020Revenue 2021: $327,301Expenses 2021: $214,786Net Income 2021: $112,5152021Revenue 2022: $644,065Expenses 2022: $385,416Net Income 2022: $258,6492022Revenue 2023: $356,043Expenses 2023: $367,292Net Income 2023: -$11,2492023Revenue 2024: $454,917Expenses 2024: $377,393Net Income 2024: $77,5242024Revenue 2025: $402,787Expenses 2025: $415,880Net Income 2025: -$13,0932025

Highlighted filing

2012

Revenue$107,411
Expenses$105,005
Net Income$2,406
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Aug 24, 2012
Return Version
2011v1.2
Mission and Program Overview

Mission

Palm Arts enriches and expands the educational, performing arts, and cultural opportunities of the Telluride community through innovative programming and dance instruction and as a creative crossroads for our area partners.

Filing and Contact Details

Filer

EIN
27-0962251
Raw XML Appendix178 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
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY09634
IRS990EZ/CashSavingsAndInvestments/EOY012081
IRS990EZ/ContributionsGiftsGrantsEtc017879
IRS990EZ/CostOfGoodsSold02994
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear02406
IRS990EZ/FeesAndOthPymtToIndContractors01185
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/GroProfitLossSalesOfInventory01846
IRS990EZ/GrossReceipts0110405
IRS990EZ/GrossSalesOfInventory04840
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InitialReturn0X
IRS990EZ/InvestmentIncome014
IRS990EZ/LandAndBuildings/BOY00
IRS990EZ/LandAndBuildings/EOY00
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY09634
IRS990EZ/NetAssetsOrFundBalancesBOY09634
IRS990EZ/NetAssetsOrFundBalances/EOY012040
IRS990EZ/NetAssetsOrFundBalancesEOY012040
IRS990EZ/OccupancyRentUtilitiesAndMaint01870
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine10721 W Colorado Avenue
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine11721 W Colorado Avenue
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine12721 W Colorado Avenue
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine13721 W Colorado Avenue
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine14721 W Colorado Avenue
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City0Telluride
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City1Telluride
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City2Telluride
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City3Telluride
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City4Telluride
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State0CO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State1CO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State2CO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State3CO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State4CO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode081435
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode181435
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode281435
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode381435
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode481435
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition02
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition15
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition210
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition32
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition42
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Judy Gluckstern
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Heather Rommel
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Kathy Jepson
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Banks Brown
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4Mark Westman
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4Director
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY00
IRS990EZ/OtherAssetsTotal/EOY0244
IRS990EZ/OtherExpensesTotal052244
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0See Statement
IRS990EZ/PrintingPublicationsPostage01303
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0Palm Arts provides dance programs for children in Telluride
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1Palm Arts provides for the development of community appreciation for drama and the musical arts by sponsoring professional presentations such as plays musicals and concerts
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations087672
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations119739
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses037766
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses167239
IRS990EZ/ProgramServiceRevenue087672
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/SalariesOtherCompEmplBenefits048403
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY00
IRS990EZ/SumOfTotalLiabilities/EOY0285
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10721 W Colorado Avenue
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0Telluride
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0CO
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode081435
IRS990EZ/TheBooksAreInCareOf/NamePerson0The Organization
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber09703695673
IRS990EZ/TotalAssets/BOY09634
IRS990EZ/TotalAssets/EOY012325
IRS990EZ/TotalExpenses0105005
IRS990EZ/TotalProgramServiceExpenses0105005
IRS990EZ/TotalRevenue0107411
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0wwwtelluridedancecom
IRS990ScheduleA/First5Years5090X
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear017879
IRS990ScheduleA/GiftsGrantsContribReceived509/Total017879
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear014
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year09
IRS990ScheduleA/GrossInvestmentIncome509/Total023
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear089518
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year07224
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total096742
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear014
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year09
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total023
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportTotal5090114621
IRS990ScheduleA/Total509/CurrentTaxYear0107397
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year07224
IRS990ScheduleA/Total509/Total0114621
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear0107411
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year07233
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years00
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years00
IRS990ScheduleA/TotalSupportTotal/Total0114644
IRS990ScheduleO/GeneralExplanation/Explanation0Primary Exempt Purpose Palm Arts Inc is an organization that seeks to provide for the development of a community appreciation for drama and musical arts in Telluride Colorado
IRS990ScheduleO/GeneralExplanation/Explanation1Description Amount Management Venue Fee 20000 Palm Theater Contribution 14821 Dance Program Costumes & Props 10740 Dance Program Supplies 1652 Dance Program Scholarships 1945 Insurance 1096 General Supplies 1093 Credit Card Fees 437 Other Expenses 400 Travel & Meetings 60
IRS990ScheduleO/GeneralExplanation/Explanation2Beginning Category of Year End of Year Accounts receivable 0 244
IRS990ScheduleO/GeneralExplanation/Explanation3Beginning Category of Year End of Year Credit Card 0 285
IRS990ScheduleO/GeneralExplanation/Identifier001. General explanation attachment
IRS990ScheduleO/GeneralExplanation/Identifier102. Description of other expenses (Part I, line 16)
IRS990ScheduleO/GeneralExplanation/Identifier203. Description of other assets (Part II, line 24)
IRS990ScheduleO/GeneralExplanation/Identifier304. Description of total liabilities (Part II, line 26)
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0270962251
ReturnHeader/Filer/Name/BusinessNameLine10Palm Arts Inc
ReturnHeader/Filer/NameControl0PALM
ReturnHeader/Filer/USAddress/AddressLine10721 W Colorado Avenue
ReturnHeader/Filer/USAddress/City0Telluride
ReturnHeader/Filer/USAddress/State0CO
ReturnHeader/Filer/USAddress/ZIPCode081435
ReturnHeader/Officer/AuthorizeThirdParty0false
ReturnHeader/Officer/DateSigned02012-08-24
ReturnHeader/Officer/Name0Heather Rommel
ReturnHeader/Officer/Title0Secretary
ReturnHeader/Preparer/DatePrepared02012-08-21
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10SweetBooks LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1027696 Highway 145
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Dolores
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0CO
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode081323
ReturnHeader/Preparer/Name0Erin Sweet Neer CPA
ReturnHeader/Preparer/Phone09707291619
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-08-21T15:55:21-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$12,325
Liabilities
$285
Net assets
$12,040
Revenue
$107,411
Expenses
$105,005
Net income
$2,406
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.02$1.09$0.40$0.42$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.07$0.01$1.05$0.45$0.38$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.04$0.94$0.36$0.37$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.92$0.64$0.39$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.04$0.75$0.33$0.21$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.04$0.54$0.32$0.33$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.02$0.55$0.42$0.36$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.05$0.49$0.39$0.28$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$0.15$0.14$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.26$0.41$0.15$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.14$0.14$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.15$0.15$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.11$0.11$0.00