Civic Intelligence

Palm Arts Inc

990 • Fiscal year 2018 • EIN 27-0962251

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 12, 2018

721 W Colorado AvenueTelluride, CO 81435

(970) 729-1619

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.09x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.13x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$11,468

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

86th percentile

37%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Revenue Growth

89th percentile

62%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Assets

Up

$537,547

Up $249,980 (+87%) from 2016

Net Assets

Up

$488,628

Up $208,031 (+74%) from 2016

Liabilities

Up

$48,919

Up $41,949 (+602%) from 2016

Revenue

Up

$391,261

Up $243,016 (+164%) from 2016

Expenses

Up

$278,383

Up $141,152 (+103%) from 2016

Net Income

Up

$112,878

Up $101,864 (+925%) from 2016

Historical Trend

Balance Sheet Trend

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

2018

Assets$537,547
Liabilities$48,919
Net Assets$488,628

Operations Trend

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

2018

Revenue$391,261
Expenses$278,383
Net Income$112,878
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$404,754
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$238,208$358,126▲ $119,918
Savings and Temporary Cash Investments$136,215$119,714▼ $16,501
Land, Buildings, and Equipment, Net$7,137$44,595▲ $37,458
Prepaid Expenses and Deferred Charges$9,020$15,112▲ $6,092
Accounts Receivable$2,229$0▼ $2,229
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$392,809$537,547▲ $144,738
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,832$32,474▲ $30,642
Deferred Revenue$15,227$16,445▲ $1,218
Total Liabilities$17,059$48,919▲ $31,860
Net Assets / Fund Balance
Permanently Rstr Net Assets$273,000$273,000→ $0
Unrestricted Net Assets$102,750$215,628▲ $112,878
Total Net Assets Fund Balance$375,750$488,628▲ $112,878
Total Liabilities and Net Assets / Fund Balance$392,809$537,547▲ $144,738

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$41,686$2,456$44,142
Other Land Buildings$2,909$414$3,323
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathy JepsonDirector of OpPT$11,468$11,468

Board Members and Trustees

NameTitle
Judith GlucksternPresident
Warner PaigeVice President
Ann BradyDirector
Jon AbramsDirector
Megan OssolaDirector
Nathan ScherichDirector
Valerie MadoniaDirector
Keira SkinnerSecretary
Mark WestmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$76,557
Program Service Revenue
$260,587
Investment Income
$20,250
Other Revenue
$33,867
All Other Contributions
$59,657
Change in Net Assets
$112,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$151,866
Other Expenses$126,517
Total Fundraising Expense$6,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,028$8,094$6,000$132,122
All Other Expenses$17,042$553-$17,595
Fees for Services Other$14,020$3,265-$17,285
Current Officers, Directors, Trustees, and Key Employees-$10,755-$10,755
Payroll Taxes$6,964$1,536$489$8,989
Advertising$7,601-$8$7,609
Other Expenses$5,675--$5,675
Travel$3,256$610-$3,866
Insurance$931$2,006-$2,937
Fees for Services Accounting-$2,474-$2,474
Depreciation Depletion$2,388--$2,388
Office Expenses$1,285$321-$1,606
Conferences and Meetings$918$229-$1,147
Information Technology$574--$574
Total Functional Expenses$242,043$29,843$6,497$278,383
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed by the Director of Operations and board members for accuracy before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All board members are aware of the conflict of interest policy and all new members are made aware of the policy at the beginning of their term.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Director of Operation's compensation is based on comparison with other theaters of similar size, combined with comparison of local director salaries, which is then approved by the board.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The Organization makes its governing documents and financial statements available to the public upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Palm Arts Inc
EIN
27-0962251
Phone
9707291619
Address
721 W Colorado Avenue, Telluride, CO 81435

Signing Officer

Name
Mark Westman
Title
Treasurer
Phone
9707291619
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judith Gluckstern
Formed
2009
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
65

Preparer

Firm
Laura E Hokanson CPA CGMA MSc
Address
60 W Grimes Creek Dr, Bayfield, CO 81122
Preparer
Laura E Hokanson
Phone
9704262256
Raw XML AppendixShowing 400 of 490 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/BOYAmt01832
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt032474
IRS990/AccountsReceivableGrp/BOYAmt02229
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Palm 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.
IRS990/AdvertisingGrp/FundraisingAmt08
IRS990/AdvertisingGrp/ProgramServicesAmt07601
IRS990/AdvertisingGrp/TotalAmt07609
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt059657
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0553
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017042
IRS990/AllOtherExpensesGrp/TotalAmt017595
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Kathy Jepson
IRS990/BooksInCareOfDetail/PhoneNum09707291619
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0721 W Colorado Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Telluride
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd081435
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt010755
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt010755
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0229
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0918
IRS990/ConferencesMeetingsGrp/TotalAmt01147
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt013493
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt076557
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt020250
IRS990/CYOtherExpensesAmt0126517
IRS990/CYOtherRevenueAmt033867
IRS990/CYProgramServiceRevenueAmt0260587
IRS990/CYRevenuesLessExpensesAmt0112878
IRS990/CYSalariesCompEmpBnftPaidAmt0151866
IRS990/CYTotalExpensesAmt0278383
IRS990/CYTotalFundraisingExpenseAmt06497
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0391261
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt015227
IRS990/DeferredRevenueGrp/EOYAmt016445
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02388
IRS990/DepreciationDepletionGrp/TotalAmt02388
IRS990/Desc0The Palm Arts Dance Program, now in its eighth year, serves over 100 local dance families with after-school and summer dance instruction as well as providing performance opportunities for children and adults. The Palm Theatre continues to bring national and international touring companies to the theatre for public performances and student outreaches, and rents the theatre to performance groups/presenters. Last year we had over 42,000 patrons attend events at the Palm Arts Complex.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0242043
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02474
IRS990/FeesForServicesAccountingGrp/TotalAmt02474
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03265
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014020
IRS990/FeesForServicesOtherGrp/TotalAmt017285
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt910.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/PersonNm0Judith Gluckstern
IRS990/Form990PartVIISectionAGrp/PersonNm1Warner Paige
IRS990/Form990PartVIISectionAGrp/PersonNm2Mark Westman
IRS990/Form990PartVIISectionAGrp/PersonNm3Keira Skinner
IRS990/Form990PartVIISectionAGrp/PersonNm4Jon Abrams
IRS990/Form990PartVIISectionAGrp/PersonNm5Ann Brady
IRS990/Form990PartVIISectionAGrp/PersonNm6Valerie Madonia
IRS990/Form990PartVIISectionAGrp/PersonNm7Megan Ossola
IRS990/Form990PartVIISectionAGrp/PersonNm8Nathan Scherich
IRS990/Form990PartVIISectionAGrp/PersonNm9Kathy Jepson
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/ReportableCompFromOrgAmt911468
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/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director of Op
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt016900
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0404754
IRS990/GrossSalesOfInventoryAmt046929
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0574
IRS990/InformationTechnologyGrp/TotalAmt0574
IRS990/InsuranceGrp/ManagementAndGeneralAmt02006
IRS990/InsuranceGrp/ProgramServicesAmt0931
IRS990/InsuranceGrp/TotalAmt02937
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt020250
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020250
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0238208
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0358126
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02870
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07137
IRS990/LandBldgEquipBasisNetGrp/EOYAmt044595
IRS990/LandBldgEquipCostOrOtherBssAmt047465
IRS990/LegalDomicileStateCd0CO
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Palm 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0375750
IRS990/NetAssetsOrFundBalancesEOYAmt0488628
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt033436
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt033436
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0321
IRS990/OfficeExpensesGrp/ProgramServicesAmt01285
IRS990/OfficeExpensesGrp/TotalAmt01606
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Talent labor fees
IRS990/OtherExpensesGrp/Desc1Small equipment/tools
IRS990/OtherExpensesGrp/Desc2Dance Program Supplies
IRS990/OtherExpensesGrp/Desc3Cleaning & maintenance
IRS990/OtherExpensesGrp/ProgramServicesAmt042508
IRS990/OtherExpensesGrp/ProgramServicesAmt113315
IRS990/OtherExpensesGrp/ProgramServicesAmt27538
IRS990/OtherExpensesGrp/ProgramServicesAmt35675
IRS990/OtherExpensesGrp/TotalAmt042508
IRS990/OtherExpensesGrp/TotalAmt113315
IRS990/OtherExpensesGrp/TotalAmt27538
IRS990/OtherExpensesGrp/TotalAmt35675
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0431
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0431
IRS990/OtherRevenueTotalAmt0431
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08094
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118028
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132122
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0489
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01536
IRS990/PayrollTaxesGrp/ProgramServicesAmt06964
IRS990/PayrollTaxesGrp/TotalAmt08989
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0273000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0273000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09020
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015112
IRS990/PrincipalOfficerNm0Judith Gluckstern
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Dance Program Fees
IRS990/ProgramServiceRevenueGrp/Desc1Mgmt & Production Fees
IRS990/ProgramServiceRevenueGrp/Desc2Theater Facility Rental
IRS990/ProgramServiceRevenueGrp/Desc3Theater Program Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0102609
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt285618
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt359860
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0102609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt285618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt359860
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt097167
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt048639
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0105919
IRS990/PYOtherRevenueAmt018593
IRS990/PYProgramServiceRevenueAmt0197278
IRS990/PYRevenuesLessExpensesAmt095153
IRS990/PYSalariesCompEmpBnftPaidAmt0160605
IRS990/PYTotalExpensesAmt0266524
IRS990/PYTotalRevenueAmt0361677
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0112878
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0136215
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0119714
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076557
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt097167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt023254
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0273369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014069
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0484416
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt048639
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0206
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt069111
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0307516
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0231704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0132960
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0134491
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0122426
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0929097
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt048639
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0206
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt069111
IRS990ScheduleA/InvestmentIncomeCYPct00.04660
IRS990ScheduleA/InvestmentIncomePYPct00.04020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95340
IRS990ScheduleA/PublicSupportPY509Pct00.95980
IRS990ScheduleA/PublicSupportTotal509Amt01413513
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0384073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0328871
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0156214
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0407860
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0136495
IRS990ScheduleA/Total509Grp/TotalAmt01413513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0404323
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0377510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0156420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0407873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0136498
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01482624
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt041686
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02456
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044142
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02909
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0414
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03323

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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