2024-10-29T08:32:47-04:00 2023-12-31 990303190 CARBONARO CPAS & MANAGEMENT GROUP 1885 MAIN ST STE 408 WAILUKU HI 96793 990 2023-01-01 990352607 THE FRIENDS OF THE PALACE THEATER FRIE 8089347010 38 HAILI ST HILO HI 96720 SUSAN STARKEY HENDRICKS TREASURER 8089347010 2024-10-25 true true GRETCHEN KREMEYER P00768528 8082425002 2024-10-25 2023 2024-10-15 13:58:12Z WENDY PESKIN 38 HAILI ST HILO HI 96720 1082641 false X HILOPALACE.COM X 2002 HI PROVIDE CULTURAL AND EDUCATIONAL EVENTS AND RESTORE A HISTORIC BUILDING. 9 9 19 43 0 240966 256380 590117 790925 56 3624 2275 31712 833414 1082641 8131 0 266585 291428 12000 12600 29697 545198 718549 823783 1030708 9631 51933 1118683 1163698 145853 138935 972830 1024763 PROVIDE CULTURAL AND EDUCATIONAL EVENTS AND RESTORE AN HISTORIC BUILDING. false false 825243 8131 822637 PROVIDE CULTURAL EVENTS (FILMS, PLAYS, HULA PERFORMANCES, CONCERTS) FOR THE PUBLIC. 825243 true true false false false false false false false false true false false true false true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 34 0 19 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true false false true true true false false HI X THE FRIENDS OF THE PALACE THEATER 8089347010 38 HAILI ST HILO HI 96720 WENDY PESKIN PRESIDENT 7.50 X X 0 0 0 JEFFREY L DAVIS VICE PRESIDE 0.50 X X 0 0 0 BETH BLOCK SECRETARY 2.50 X X 0 0 0 SUSAN STARKEY HENDRICKS TREASURER 2.50 X X 0 0 0 GENEVIEVE AIONA DIRECTOR 0.50 X 0 0 0 STEVE PEYTON DIRECTOR 0.50 X 0 0 0 DANA BUTLER DIRECTOR 0.50 X 0 0 0 RUSSELL RUDERMAN DIRECTOR 0.50 X 0 0 0 PHILLIPS PAYSON EXECUTIVE DI 40.00 X 57266 0 5547 57266 5547 false false false 60904 195476 256380 ADMISSIONS 711110 673121 673121 CONCESSIONS 711110 117804 117804 790925 3624 3624 EMPLOYEE RETENTION CREDIT 711110 31657 31657 OTHER INCOME 711110 55 55 31712 1082641 822637 3624 X 8131 8131 62813 50250 9422 3141 190101 152081 28515 9505 14319 11455 2148 716 24195 19356 3629 1210 43620 21810 21810 12600 12600 393250 314600 78650 35136 31374 3762 61576 49261 12315 6563 5250 1313 PROGRAM COSTS 84452 84452 SUPPLIES 42709 38438 4271 BANK FEES 25750 20600 5150 JANITORIAL AND CLEANING 10378 8302 2076 15115 9883 2707 2525 1030708 825243 175768 29697 137423 154697 93282 48633 2500 1392 1543009 707275 885478 835734 123242 1118683 1163698 41024 122057 104829 16878 145853 138935 X 953300 1013706 19530 11057 972830 1024763 1118683 1163698 51933 X false true X true false X 261673 654776 480093 240966 256380 1893888 261673 654776 480093 240966 256380 1893888 315847 1578041 40 21 69 56 3624 3810 1897698 1948025 0.83160 0.84540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 673880 225398 448482 337404 55908 281496 531725 425969 105756 835734 CONSRTUCTION IN PROGRESS 123242 123242 X 1101591 18950 18950 1082641 1082641 1049658 18950 18950 1030708 1030708 SCHEDULE D, PAGE 3, PART X THE FRIENDS OF THE PALACE THEATER, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2023. THE ORGANIZATION FILES ITS FORM 990 IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2020 true CHAPERONE FILM LLC 12-124 WEST MOANAULI LOOP PAHOA HI 96778 920294499 5818 SUPPORT 1 SCHEDULE I, PAGE 1, PART I, LINE 2 FISCAL SPONSORSHIPS ARE SOLICITED AND LOGGED ON A DEDICATED FORM VIA DONOR PERFECT. THE PALACE THEATER RETAINS A 10% FEE, AND ISSUES DISBURSEMENTS ON A MONTHLY BASIS AS FUNDS ARE RECEIVED FOR THE PRODUCTION AND EXPENSES INCURRED FOR THE PROJECT. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS EMAILED TO ALL BOARD MEMBERS AND THEN DISCUSSED AND APPROVED AT THE NEXT BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD MEETS AND DECIDES THE EXECUTIVE DIRECTOR'S COMPENSATION USING COMPARABILITY DATA, AND THE ORGANIZATION'S BUDGET. FORM 990, PAGE 6, PART VI, LINE 19 THE 990 RETURNS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PRODUCTION SERVICES 314,600 78,650 0