Park Theatre Foundation

“Miscellaneous 36 total 36”

“Expenses advertising/promotional 548 bank card charges 1,329 general supplies 1,673 office supplies 390 interest expense 397 miscellaneous 2,748 event expenses 50,460 late fees 27 charitable contribution 350 licenses and filing fees 1,295 bad debts 920 capital campaign expenses 4,008 non-investment depreciation 11,209 total 75,354”

“Pledges receivable 0 5,000 prepaid expenses and deferred charges 551 551 building 95,000 95,000 less accumulated depreciation 28,500 30,875 theatre renovations 184,957 189,471 less accumulated depreciation 46,164 54,350 furniture/equipment 112,518 114,618 less accumulated depreciation 110,351 111,001 liquor license, net 20,000 20,000 less accumulated amortization 6,444 7,778 total 221,567 220,636”

“Accounts payable and accrued expenses 24,277 22,485 note payable - bank 115,755 111,602 loans from officers 6,186 5,586”

“The 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.”