2024-11-14T10:35:19-08:00 2023-12-31 680260103 Regalia & Associates CPAS 103 Town and Country Drive Suite K Danville CA 94526 990 2023-01-01 843216944 The Park Theater Trust PARK 5102190671 PO Box 1624 Lafayette CA 94549 Kathy Bowles President 5102190671 2024-11-14 true true Douglas W Regalia P00186389 9253140390 2023 2024-10-15 13:58:12Z Kathy Bowles PO Box 1624 Lafayette CA 94549 1850125 false X www.parktheatertrust.org X 2019 CA The mission of The Park Theater Trust is to refurbish and operate Lafayettes iconic Park Theater building, and to revitalize it into an accessible and inclusive, community-centered cinema, arts and culture hub with programming that includes critically acclaimed (see page 2) 6 6 0 32 -20808 967684 1613857 0 76216 135473 17888 -54029 1061788 1695301 0 0 0 0 5588 311334 53156 311334 53156 750454 1642145 5074760 6217888 1012330 513313 4062430 5704575 films, throwback favorites, and engaging non-film events. Our goal is for The Trust to own the Park Theater building for the community, protect the Theater from outside development, and retain it for the enjoyment of future generations. false false 3521 Initially called together as a volunteer task force by the City of Lafayette, The Park Theater Trust (TPPT) is a 501(c)(3) Public Benefit corporation. In April 2019, we were awarded seed monies by the Lafayette Community Foundation (LCF), and in February 2020, we received our formal determination letter from the IRS confirming our tax-exempt status. TPTT has since been the recipient of two additional Excellence Grants by LCF. Primarily due to private donations and grants from family foundations, LCF and other institutions including the City of Lafayette, TPTT raised the $3 million required to purchase the Park Theater property for the community, and closed escrow in December 2021. Reopening the Park Theater consistently ranks in the top four community concerns a priority of citizens, local business, and the City. As an anchor of a revitalized town center, the Park will become a magnet a center for newly released Hollywood movies and classics, independent and foreign films, and creative programming to appeal to all ages. The time is NOW for the Park Theater to resume its rightful place in this newly vibrant scene and shine again in the role for which it was created: Entertaining and engaging the entire Lafayette community. 3521 true true false false false false false false false false true false false false true 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 false false false true 5 0 true 0 true true false false false false false false 0 false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false CA X X X Angela Ferrif 9258992052 PO Box 1624 Lafayette CA 94549 X Kathy Bowles President 4.50 0.00 X X 0 0 0 Jana Corey Secretary 4.00 0.00 X X 0 0 0 Tracey Farrell CFO 4.00 0.00 X X 0 0 0 Awais Mughal Director 3.00 0.00 X 0 0 0 Larry Haydon Director 3.00 0.00 X 0 0 0 Angela Ferrif Treasurer 2.00 0.00 X X 0 0 0 John McCormick Director 2.00 0.00 X 0 0 0 0 false false false 0 107597 1506260 20042 1613857 0 135473 135473 0 0 82305 103113 -20808 -20808 -20808 0 17400 107597 50781 -33381 -33381 0 1090 930 160 160 0 1695301 160 -20808 102092 0 0 0 0 0 0 0 0 0 0 0 3329 3329 3297 3297 0 0 0 0 8102 6947 1155 281 281 35 35 0 294 294 0 0 51 51 3951 3951 0 756 750 6 2004 2004 Printing and Publications 14749 14117 632 Bank and service fees 5366 1666 3700 Dues and subscriptions 3809 3809 Postage and Shipping 3106 3005 101 4026 2771 1255 53156 3521 44047 5588 630078 402498 500201 1309375 779477 1512300 50006 0 0 0 0 4289 4339 0 3033365 47826 3008443 2985539 0 0 0 0 102266 3837 5074760 6217888 54130 5613 450000 508200 507700 1012330 513313 X 4062430 4904575 800000 4062430 5704575 5074760 6217888 1642145 X false false false X 22103 3307280 967684 1613857 5910924 0 0 22103 3307280 967684 1613857 5910924 3463526 2447398 25056 137931 135473 298460 0 0 6209384 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3029585 46818 2982767 3780 1008 2772 2985539 Conditional Grant 500000 Deposits Held 7700 507700 X false Golf Tournament 124997 107597 17400 8074 11788 30919 124997 107597 17400 8074 11788 30919 50781 -33381 Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service. Form 990, Part VI, Section B, Line 12c Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures. Form 990, Part VI, Section B, Line 15a The Park Theater Trust had no employees during the year ended December 31, 2021. Form 990, Part VI, Section B, Line 15b The Park Theater Trust had no employees during the year ended December 31, 2021. Form 990, Part VI, Section C, Line 18 Tax returns are available for download from several websites and by request from the organization's office in Lafayette, California. Form 990, Part VI, Section C, Line 19 All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to www.candid.org (where they are available for viewing as electronic copies) and are also available by request from the Organization's office in Lafayette, California.