Civic Intelligence

Park Theatre Foundation

990EZ • Fiscal year 2013 • EIN 38-3631936

Oct 01, 2012 to Sep 30, 2013 • Filed on Feb 04, 2014

Organization ProfileWWW.HOLLANDPARKTHEATRE.COM
PO Box 1933Holland, MI 49422-1933
Siviq Scores

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

Liabilities / Assets

90th percentile

0.57x

Higher debt load relative to assets than 90% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

96th percentile

1.37x

Higher debt load relative to revenue than 96% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

58th percentile

6.4%

Higher net margin than 58% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

40th percentile

-2.4%

Faster asset growth than 40% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

59th percentile

7.9%

Faster revenue growth than 59% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$256,975

Down $6,415 (-2.4%) from 2012

Net Assets

Up

$110,757

Up $6,899 (+6.6%) from 2012

Liabilities

Down

$146,218

Down $13,314 (-8.3%) from 2012

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin58th percentile

Revenue

Up

$106,988

Up $7,854 (+7.9%) from 2012

Expenses

Up

$100,089

Up $19,504 (+24%) from 2012

Net Income

Down

$6,899

Down $11,650 (-63%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$400K$300K$200K$100K$0Assets 2010: $247,673Liabilities 2010: $189,914Net Assets 2010: $57,7592010Assets 2011: $238,108Liabilities 2011: $152,799Net Assets 2011: $85,3092011Assets 2012: $263,390Liabilities 2012: $159,532Net Assets 2012: $103,8582012Assets 2013: $256,975Liabilities 2013: $146,218Net Assets 2013: $110,7572013Assets 2014: $258,077Liabilities 2014: $139,673Net Assets 2014: $118,4042014Assets 2015: $262,365Liabilities 2015: $141,575Net Assets 2015: $120,7902015Assets 2016: $282,969Liabilities 2016: $129,023Net Assets 2016: $153,9462016Assets 2017: $260,839Liabilities 2017: $118,914Net Assets 2017: $141,9252017Assets 2018: $250,994Liabilities 2018: $108,759Net Assets 2018: $142,2352018Assets 2019: $250,560Liabilities 2019: $101,374Net Assets 2019: $149,1862019Assets 2020: $240,858Liabilities 2020: $102,234Net Assets 2020: $138,6242020Assets 2022: $370,552Liabilities 2022: $86,102Net Assets 2022: $284,4502022Assets 2023: $269,769Liabilities 2023: $17,835Net Assets 2023: $251,9342023Assets 2024: $308,465Liabilities 2024: $17,171Net Assets 2024: $291,2942024

Highlighted filing

2013

Assets$256,975
Liabilities$146,218
Net Assets$110,757
Open 2013 Filing

Operations Trend

Revenue Growth59th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $64,746Expenses 2010: $113,849Net Income 2010: -$49,1032010Revenue 2011: $76,113Expenses 2011: $87,955Net Income 2011: -$11,8422011Revenue 2012: $99,134Expenses 2012: $80,585Net Income 2012: $18,5492012Revenue 2013: $106,988Expenses 2013: $100,089Net Income 2013: $6,8992013Revenue 2014: $142,695Expenses 2014: $135,048Net Income 2014: $7,6472014Revenue 2015: $220,612Expenses 2015: $218,226Net Income 2015: $2,3862015Revenue 2016: $313,639Expenses 2016: $280,483Net Income 2016: $33,1562016Revenue 2017: $279,099Expenses 2017: $291,120Net Income 2017: -$12,0212017Revenue 2018: $340,470Expenses 2018: $340,160Net Income 2018: $3102018Revenue 2019: $382,327Expenses 2019: $375,376Net Income 2019: $6,9512019Revenue 2020: $72,887Expenses 2020: $83,449Net Income 2020: -$10,5622020Revenue 2022: $438,900Expenses 2022: $476,115Net Income 2022: -$37,2152022Revenue 2023: $685,622Expenses 2023: $718,138Net Income 2023: -$32,5162023Revenue 2024: $732,783Expenses 2024: $693,423Net Income 2024: $39,3602024

Highlighted filing

2013

Revenue$106,988
Expenses$100,089
Net Income$6,899
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Feb 4, 2014
Return Version
2012v2.3
Mission and Program Overview

Mission

Holland park theatre is a historic, multi-use performance venue providing unique opportunities to create and celebrate the arts.

Filing and Contact Details

Filer

EIN
38-3631936
Raw XML Appendix166 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
CompensationExplanation/Compensation/PersonName0BILL MCANDREW
CompensationExplanation/Compensation/PersonName1BOB SCHULZE
CompensationExplanation/Compensation/PersonName2TIMOTHY DUMEZ
CompensationExplanation/Compensation/PersonName3NANCY FOSTER
CompensationExplanation/Compensation/PersonName4JON CUSACK
CompensationExplanation/Compensation/PersonName5STEVE SECOR
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/AddressChange0X
IRS990EZ/CashSavingsAndInvestments/BOY0939
IRS990EZ/CashSavingsAndInvestments/EOY01980
IRS990EZ/ContributionsGiftsGrantsEtc03016
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear06899
IRS990EZ/FeesAndOthPymtToIndContractors015160
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/GrossReceipts0106988
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/InvestmentIncome022
IRS990EZ/LandAndBuildings/BOY032104
IRS990EZ/LandAndBuildings/EOY033428
IRS990EZ/LoansToFromOfficers06186
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0true
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY0103858
IRS990EZ/NetAssetsOrFundBalancesBOY0103858
IRS990EZ/NetAssetsOrFundBalances/EOY0110757
IRS990EZ/NetAssetsOrFundBalancesEOY0110757
IRS990EZ/OccupancyRentUtilitiesAndMaint030409
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition02.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition18.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition22.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition38.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition42.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition52.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0BILL MCANDREW
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1BOB SCHULZE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2TIMOTHY DUMEZ
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3NANCY FOSTER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4JON CUSACK
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5STEVE SECOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5DIRECTOR
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY0230347
IRS990EZ/OtherAssetsTotal/EOY0221567
IRS990EZ/OtherExpensesTotal054341
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0THE CORPORATION IS INCORPORATED FOR THE PURPOSE OF RECEIVING AND ADMINISTERING FUNDS FOR CHARITABLE PURPOSES. TO OWN, DEVELOP, OPERATE AND MANAGE A THEATRE, KNOWN AS THE PARK THEATRE IN HOLLAND, MICHIGAN AND ANY OTHER ACCESSORY FACILITIES; TO PROMOTE THE PERFORMING ARTS AND ENHANCE THE CULTURAL LIFE IN THE HOLLAND COMMUNITY; TO PROVIDE A UNIQUE, ACOUSTICALLY SUPERIOR, MULTI-USE, FIRST-CLASS VENUE FOR VARIOUS GROUPS INCLUDING, BUT NOT LIMITED TO, PERFORMING ARTS GROUPS, PUBLIC GATHERINGS, SEMINARS, CONFERENCES, WORSHIP SERVICES, TRAVELOGUES AND CONVENTIONS.
IRS990EZ/PrintingPublicationsPostage0179
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0DEVELOPMENT AND OPERATION OF PARK THEATRE IN HOLLAND, MICHIGAN, AS A CULTURAL AND HISTORIC ASSET FOR THE BENEFIT OF THE GREATER HOLLAND COMMUNITY.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses095607
IRS990EZ/ProgramServiceRevenue0103950
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/StatesWhereCopyOfReturnIsFiled0MI
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY0159532
IRS990EZ/SumOfTotalLiabilities/EOY0146218
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10PO BOX 1933
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0HOLLAND
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MI
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode0494221933
IRS990EZ/TheBooksAreInCareOf/NamePerson0NANCY FOSTER
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber06169299249
IRS990EZ/TotalAssets/BOY0263390
IRS990EZ/TotalAssets/EOY0256975
IRS990EZ/TotalExpenses0100089
IRS990EZ/TotalProgramServiceExpenses095607
IRS990EZ/TotalRevenue0106988
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0WWW.HOLLANDPARKTHEATER.COM
IRS990ScheduleA/AmountsSubstContributorsTotal08310
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear03016
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year042019
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years02260
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years06691
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years013268
IRS990ScheduleA/GiftsGrantsContribReceived170/Total067254
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc0103972
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.87640
IRS990ScheduleA/PublicSupportPertcentPriorYear00.86350
IRS990ScheduleA/PublicSupportTotal170058944
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear03016
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year042019
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years02260
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years06691
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years013268
IRS990ScheduleA/Total170/Total067254
IRS990ScheduleA/TotalSupport067254
IRS990ScheduleL/LoanTable/ApprovedByBoard0true
IRS990ScheduleL/LoanTable/BalanceDue06186
IRS990ScheduleL/LoanTable/Default0false
IRS990ScheduleL/LoanTable/LoanToOrganization0X
IRS990ScheduleL/LoanTable/NamePerson0NOTE PAYABLE - FOSTER
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount06186
IRS990ScheduleL/LoanTable/PurposeOfLoan0WORKING CAPITAL CASH FLOW
IRS990ScheduleL/LoanTable/WrittenAgreement0true
IRS990ScheduleL/TotalBalanceDue06186
IRS990ScheduleO/GeneralExplanation/Explanation0EXPENSES ADVERTISING/PROMOTIONAL 318 BANK CARD CHARGES 512 GENERAL SUPPLIES 811 OFFICE SUPPLIES 357 TRAVEL 25 MEETINGS 93 INTEREST EXPENSE 854 MISCELLANEOUS 75 EVENT EXPENSES 38,848 LEGAL AND FILING FEES 1,390 LATE FEES 295 NON-INVESTMENT DEPRECIATION 10,763 TOTAL 54,341
IRS990ScheduleO/GeneralExplanation/Explanation1ACCOUNTS RECEIVABLE 1,670 0 PREPAID EXPENSES AND DEFERRED CHARGES 700 551 BUILDING 95,000 95,000 LESS ACCUMULATED DEPRECIATION 26,125 28,500 THEATRE RENOVATIONS 181,322 184,957 LESS ACCUMULATED DEPRECIATION 37,851 46,164 FURNITURE/EQUIPMENT 111,018 112,518 LESS ACCUMULATED DEPRECIATION 110,276 110,351 LIQUOR LICENSE, NET 20,000 20,000 LESS ACCUMULATED AMORTIZATION 5,111 6,444 TOTAL 230,347 221,567
IRS990ScheduleO/GeneralExplanation/Explanation2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 33,441 24,277 NOTE PAYABLE - BANK 119,905 115,755 LOANS FROM OFFICERS 6,186 6,186
IRS990ScheduleO/GeneralExplanation/Explanation3THE CORPORATION IS INCORPORATED FOR THE PURPOSE OF RECEIVING AND ADMINISTERING FUNDS FOR CHARITABLE PURPOSES. TO OWN, DEVELOP, OPERATE AND MANAGE A THEATRE, KNOWN AS THE PARK THEATRE IN HOLLAND, MICHIGAN AND ANY OTHER ACCESSORY FACILITIES; TO PROMOTE THE PERFORMING ARTS AND ENHANCE THE CULTURAL LIFE IN THE HOLLAND COMMUNITY; TO PROVIDE A UNIQUE, ACOUSTICALLY SUPERIOR, MULTI-USE, FIRST-CLASS VENUE FOR VARIOUS GROUPS INCLUDING, BUT NOT LIMITED TO, PERFORMING ARTS GROUPS, PUBLIC GATHERINGS, SEMINARS, CONFERENCES, WORSHIP SERVICES, TRAVELOGUES AND CONVENTIONS.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier3PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART III
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/Filer/EIN0383631936
ReturnHeader/Filer/Name/BusinessNameLine10PARK THEATRE FOUNDATION
ReturnHeader/Filer/NameControl0PARK
ReturnHeader/Filer/Phone06169299249
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 1933
ReturnHeader/Filer/USAddress/City0HOLLAND
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode0494221933
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02014-02-04
ReturnHeader/Officer/Name0NANCY FOSTER
ReturnHeader/Officer/Phone06169299249
ReturnHeader/Officer/Title0TREASURER
ReturnHeader/Preparer/DatePrepared02014-02-05
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10MEYAARD TOLMAN & VENLET PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10PO BOX 320
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0ZEELAND
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode049464
ReturnHeader/Preparer/Name0JAYNE E VENLET
ReturnHeader/Preparer/Phone06167721901
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-10-01
ReturnHeader/TaxPeriodEndDate02013-09-30
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02014-02-05T11:24:44-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$256,975
Liabilities
$146,218
Net assets
$110,757
Revenue
$106,988
Expenses
$100,089
Net income
$6,899
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.17$2.91$7.33$6.93$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.18$2.52$6.86$7.18$0.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.86$2.84$4.39$4.76$0.37
2020Summary only. Only limited summary data is available for this year.$2.41$1.02$1.39$0.73$0.83$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$1.01$1.49$3.82$3.75$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$1.09$1.42$3.40$3.40$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$1.19$1.42$2.79$2.91$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$1.29$1.54$3.14$2.80$0.33
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$1.42$1.21$2.21$2.18$0.02
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.58$1.40$1.18$1.43$1.35$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$1.46$1.11$1.07$1.00$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$1.60$1.04$0.99$0.81$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$1.53$0.85$0.76$0.88$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$1.90$0.58$0.65$1.14$0.49