2025-05-28T10:25:39-07:00 2024-08-31 990 2023-09-01 141717464 PARK PLAYHOUSE INC PARK 5184340776 58 Remsen Street Cohoes NY 12047 Owen Smith Director 5184340776 2025-05-28 1 2023 2025-03-06 01:10:19Z Owen Smith 58 Remsen Street Cohoes NY 12047 2093529 0 X parkplayhouse.com X 1989 NY Provide Free summer theater for the general public and present arts events at Cohoes Music Hall. 17 17 29 30 0 0 393605 673515 1084974 1380378 0 0 32819 39636 1511398 2093529 0 0 0 0 874424 898189 0 0 13511 802298 1136834 1676722 2035023 -165324 58506 41650 300621 749300 949765 -707650 -649144 Provide free summer theater for the general public 0 0 1153443 0 0 The entity has provided free entertainment to the public in accordance with its statement of purpose. Provided summer education to children ages 9-12 in theatrical arts, presented live theatre with professional actors to 15,000 elementary school children. Also Park Playhouse is managing and operating Cohoes Music Hall bringing in a variety of entertainment to the stage while making the theatre accessible for everyone in the community. 0 0 0 1153443 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 29 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 NY X Owen Smith 5184240776 58 Remsen Street Cohoes NY 12047 X Allen Goodman Chair 1 1 X 0 0 0 Benita Zahn President: Anchor 1 1 X 0 0 0 Kathleen Lasch McNamee Chair Emeritus 1 1 X 0 0 0 Ilene Stein Vice President 1 1 X 0 0 0 Matthew McKeon Treasurer 1 1 X 0 0 0 Molly Adams Breslin Corporate Secretary 1 1 X 0 0 0 Dorcey Applyrs Board Member 1 1 X 0 0 0 James J Barba Board Member 1 1 X 0 0 0 Kelsey Knutsen Board Member 1 1 X 0 0 0 Alan Lobel Board Member 1 1 X 0 0 0 Robert McNamara Board Member 1 1 X 0 0 0 Matthew Peter Board Member 1 1 X 0 0 0 Thomas Templeton Board Member 1 1 X 0 0 0 Ann Wendth Board Member 1 1 X 0 0 0 Shirley W Arensberg Board Member 1 1 X 0 0 0 William T Keeler Board Member 1 1 X 0 0 0 Hon Kathy M Sheehan Board Member 1 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 340325 333190 0 673515 Box Office and Concessions 711110 786467 786467 0 0 Admission and Education Services 711110 593786 593786 0 0 Special Event Recenue 711110 125 125 0 0 0 0 0 0 1380378 0 0 0 0 0 misc revenue 711110 37625 37625 0 0 Uncategorized income 711110 2011 2011 0 0 0 0 0 0 39636 2093529 1420014 0 0 X 771441 353888 417553 0 126748 27073 99675 0 122046 7851 114195 0 115989 115989 5124 5124 45638 45638 0 0 30976 30976 0 0 7369 5902 1467 0 Fundraising Expense 13511 0 0 13511 Finance Expense 77364 0 77364 0 Production Cost 117948 117948 0 0 Venue Mgmt Expense 564167 564167 0 0 36702 36702 2035023 1153443 868069 13511 11973 -15049 145500 17684 18879 227358 76067 11993 151291 41650 300621 265047 496316 34253 3449 450000 450000 0 0 749300 949765 X -707650 -649144 0 0 -707650 -649144 41650 300621 58506 0 0 0 0 0 X 0 0 0 X 183229 374384 691489 393605 673515 2316222 183229 374384 691489 393605 673515 2316222 2316222 2316222 2881644 1 0.98414 X Schedule A, Part II, Line 10 Miscellaneous income $37,625 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 227358 0 76067 151291 151291 0 0 X Schedule D, Part X, Line 2 The corporation has adopted FASB ASC 740-10.25, accounting for uncertainty in income taxes. The adoption of this standard resulted in no uncertain tax benefits or provisions identified and recorded as a liability or asset. The corporation believes that there are no tax positions taken or expected to be taken that would significantly increase or decrease unrecognized tax benefits within 12 months or the reporting date. Form 990, Part VI, Section B, Line 11b Organization's Process to review form 990 a copy of form 990 was provided to each board member for their review and comments before it was filed with the IRS. Form 990, Part VI, Section B, Line 12c Enforcement of conflicts policy a copy of the conflict of interest policy is given to all board members upon commencement of such person's relationship with the organization. The policy and disclosure form will be signed and submitted annually by all specified parties. Form 990, Part VI, Section B, Line 15 Compensation process for the top official the salary of the executive director is reviewed by the board annually. Form 990, Part VI, Section C, Line 19 Governing documents disclosure explanation the financial statements and other documents are available upon request by the public and government officials. Form 990, Part IX, Line 24e All other expenses exist of $898,189 for production costs, $564,167 for venue management expense, $13,511.26 for fundraising expenses, $36,702 for misc expenses, and $77,364 for finance expenses. Park Playhouse Inc. Filing the IRS Form 990 for Fiscal Year 2024 late due to staffing and accounting service issues. Unfortunately, during the COVID-19 pandemic, we experienced a staff furlough, and, upon return from that furlough, operations were slowed down by our accounting firm being short staffed, and the principal account handling our filings being out of the office for an extended period dealing with a cancer diagnosis. We regret falling behind on these items, and are pleased to be able to get this form filed now.