Civic Intelligence

Park Theater Foundation Inc

EIN 83-4556421 • 501(c)3 • Glens Falls, NY

Profile

Enhancing the quality of life in the glens falls community by providing a venue for quality and affordable entertainment and educational opportunities in the performing arts.

15 Park Street 102Glens Falls, NY 12801

www.parktheatergf.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.83x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

96%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$74,804

Up $36,722 (+96%) from 2023

Liabilities

Down

$61,951

Down $11,002 (-15%) from 2023

Net Assets

Up

$12,853

Up $47,724 (+137%) from 2023

Revenue

Up

$246,974

Up $23,748 (+11%) from 2023

Expenses

Down

$203,363

Down $63,281 (-24%) from 2023

Net Income

Up

$43,611

Up $87,029 (+200%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2021: $60,358Liabilities 2021: $62,960Net Assets 2021: -$2,6022021Assets 2022: $43,467Liabilities 2022: $31,912Net Assets 2022: $11,5552022Assets 2023: $38,082Liabilities 2023: $72,953Net Assets 2023: -$34,8712023Assets 2024: $74,804Liabilities 2024: $61,951Net Assets 2024: $12,8532024

Highlighted filing

2024

Assets$74,804
Liabilities$61,951
Net Assets$12,853

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2021: $78,648Expenses 2021: $82,713Net Income 2021: -$4,0652021Revenue 2022: $222,035Expenses 2022: $207,878Net Income 2022: $14,1572022Revenue 2023: $223,226Expenses 2023: $266,644Net Income 2023: -$43,4182023Revenue 2024: $246,974Expenses 2024: $203,363Net Income 2024: $43,6112024

Highlighted filing

2024

Revenue$246,974
Expenses$203,363
Net Income$43,611

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$246,974
Mission and Program Overview

Mission

Enhancing the quality of life in the glens falls community by providing a venue for quality and affordable entertainment and educational opportunities in the performing arts.

The organization is dedicated to enhancing the quality of life in the glens falls community by providing a venue for quality and affordable entertainment and educational opportunities in the performing arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$36,982$51,841▲ $14,859
Land, Buildings, and Equipment, Net$0$21,965▲ $21,965
Accounts Receivable$350$998▲ $648
Total Assets$38,082$74,804▲ $36,722
Other Assets Total$750$0▼ $750
Liabilities
Deferred Revenue$65,723$36,497▼ $29,226
Accounts Payable and Accrued Expenses$7,230$25,454▲ $18,224
Total Liabilities$72,953$61,951▼ $11,002
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-34,871$12,853▲ $47,724
Total Net Assets Fund Balance$-34,871$12,853▲ $47,724
Total Liabilities and Net Assets / Fund Balance$38,082$74,804▲ $36,722

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,965$4,931$26,896
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher RistauExecutive DirectorFT$53,767$1,248$55,015

Board Members and Trustees

NameTitle
William BatkayPresident
Benjamin MillerVice President/ Secretary
Bruce HoffmanMember
Elizabeth MillerMember
Jeff MeadMember
Jim MurphyMember
Liza OchsendorfMember
Russell HaightMember
Vittoria BuzzelliMember
Michael MurrayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$191,735
Program Service Revenue
$55,239
Investment Income
$0
Other Revenue
$0
All Other Contributions
$172,011
Change in Net Assets
$43,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,139
Salaries, Compensation, and Employee Benefits$59,224
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$44,012$11,003-$55,015
Advertising$24,699--$24,699
Depreciation Depletion$4,684$247-$4,931
Payroll Taxes$3,367$842-$4,209
Fees for Services Accounting$1,123$1,123-$2,246
Interest-$2,047-$2,047
Office Expenses-$1,335-$1,335
Insurance$1,216$64-$1,280
Other Expenses$104,581$371-$371
Total Functional Expenses$183,682$19,681$0$203,363
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Elizabeth MillerDirectorELIZABETH MILLER OWNS 100% OF PARK STREET HOSPITALITY, LLC AND EASM PROPERTIES, LLC. PARK STREET HOSPITALITY, LLC CONTRIBUTED $59,224 IN PAYROLL COST FOR THE FOUNDATION. EASM PROPERTIES, LLC CONTRIBUTED $45,320 DURING THE YEAR TO THE FOUNDATION.No$104,544
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Elizabeth and ben miller are related.

Form 990, Part VI, Section A, Line 6

The foundation offers membership tiers that help support the theater and offer members discounts on tickets.

Form 990, Part VI, Section A, Line 8B

The executive committee which meets prior to the board of directors meetings and reports to the full board on any changes since the previous quarter, as such committee meetings are included in board meeting documentation. The marketing and fund raising committees meets monthly, results of those meetings are included in the executive directors report at the quarterly board meeting.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the organization's president prior to filing.

Form 990, Part VI, Section B, Line 15A

The executive director's compensation is determined by the executive committee.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, policies and financial statements are available to the public upon request and are available on candid - guidestar.

Filing and Contact Details

Filer

Filer Name
Park Theater Foundation Inc
EIN
83-4556421
Phone
5187921150
Address
15 PARK STREET 102, GLENS FALLS, NY 12801

Signing Officer

Name
William Batkay
Title
President
Phone
5187921150
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Batkay
Formed
2020
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
76

Preparer

Firm
Bst & Co Cpas Llp
Address
10 BRITISH AMERICAN BLVD, LATHAM, NY 12110
Preparer
Nicholas Murabito
Phone
5184596700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The theater files form 990 annually with the internal revenue service. When annual returns are filed, some tax positions taken are highly certain to be sustained upon examination by the taxing authorities, while other tax positions are subject to uncertainty about the technical merits of the position or the amount of the position's tax benefit that would ultimately be sustained. Management evaluated the theater's tax positions, including interest and penalties attributable thereto, and concluded that the theater has taken no tax positions that required adjustment in its financial statements as of december 31, 2024.

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

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IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL MURRAY
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2021 AMOUNT: $ 320.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0191685
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0145850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0148267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt035504
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06881
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0528187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt058567
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt077376
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt073768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt042824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0252535
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0320
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0320
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0517059
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0104544
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt049599
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt059520
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0263663
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0250252
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0223226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0222035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt078328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06881
IRS990ScheduleA/Total509Grp/TotalAmt0780722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0250252
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0223226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0222035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt078648
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06881
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0781042
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt021965
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04931
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026896
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE THEATER FILES FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR THE AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED THE THEATER'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THE THEATER HAS TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF DECEMBER 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021965
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ELIZABETH MILLER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0104544
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ELIZABETH MILLER OWNS 100% OF PARK STREET HOSPITALITY, LLC AND EASM PROPERTIES, LLC. PARK STREET HOSPITALITY, LLC CONTRIBUTED $59,224 IN PAYROLL COST FOR THE FOUNDATION. EASM PROPERTIES, LLC CONTRIBUTED $45,320 DURING THE YEAR TO THE FOUNDATION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELIZABETH AND BEN MILLER ARE RELATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION OFFERS MEMBERSHIP TIERS THAT HELP SUPPORT THE THEATER AND OFFER MEMBERS DISCOUNTS ON TICKETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE WHICH MEETS PRIOR TO THE BOARD OF DIRECTORS MEETINGS AND REPORTS TO THE FULL BOARD ON ANY CHANGES SINCE THE PREVIOUS QUARTER, AS SUCH COMMITTEE MEETINGS ARE INCLUDED IN BOARD MEETING DOCUMENTATION. THE MARKETING AND FUND RAISING COMMITTEES MEETS MONTHLY, RESULTS OF THOSE MEETINGS ARE INCLUDED IN THE EXECUTIVE DIRECTORS REPORT AT THE QUARTERLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE AVAILABLE ON CANDID - GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt038082
IRS990/TotalAssetsEOYAmt074804
IRS990/TotalAssetsGrp/BOYAmt038082
IRS990/TotalAssetsGrp/EOYAmt074804
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0191735
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019681
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0183682
IRS990/TotalFunctionalExpensesGrp/TotalAmt0203363
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt072953
IRS990/TotalLiabilitiesEOYAmt061951
IRS990/TotalLiabilitiesGrp/BOYAmt072953
IRS990/TotalLiabilitiesGrp/EOYAmt061951
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-34871
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012853
IRS990/TotalOtherCompensationAmt01248
IRS990/TotalProgramServiceExpensesAmt0183682
IRS990/TotalProgramServiceRevenueAmt055239
IRS990/TotalReportableCompFromOrgAmt053767
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055239
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0246974
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt076
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038082
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt074804
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015 PARK STREET 102
IRS990/USAddress/CityNm0GLENS FALLS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012801
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0HTTPS://WWW.PARKTHEATERGF.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM BATKAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05187921150

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