2023-12-28T15:18:59-05:00 2023-06-30 460952065 BOUNTIFUL PEAK ADVISORS 1564 SOUTH 500 WEST SUITE 201 BOUNTIFUL UT 840107400 990 2022-07-01 870640501 PARK CITY FILM COUNCIL PARK 4356158291 PO BOX 683058 PARK CITY UT 84068 KATHARINE WANG EXECUTIVE DIRECTOR 4356158291 2023-12-28 true KATHARINE WANG XXX-XX-XXXX false SHALAUN T HOWELL CPA P00969274 8012943155 2023-12-28 2022 2023-04-26 12:10:37Z PARK CITY FILM SERIES KATHARINE WANG PO BOX 683058 PARK CITY UT 84068 734438 false X WWW.PARKCITYFILM.ORG X 1999 UT THE ORGANIZATION'S MISSION IS TO PRESENT CINEMATIC ART TO THE RESIDENTS OF THE COMMUNITY, SUPPORT THE CREATION OF CINEMATIC ART, AND ASSIST IN CINEMATIC ART EDUCATIONAL ENDEAVORS OF LOCAL YOUTH. 9 9 14 100 0 371509 527444 143045 117416 427 133 13984 54340 528965 699333 2880 121119 0 175859 217307 0 42612 238033 194132 416772 532558 112193 166775 934351 1141833 86429 127136 847922 1014697 THE ORGANIZATION'S MISSION IS TO PRESENT CINEMATIC ART TO THE RESIDENTS OF THE COMMUNITY, SUPPORT THE CREATION OF CINEMATIC ART, AND ASSIST IN CINEMATIC ART EDUCATIONAL ENDEAVORS OF LOCAL YOUTH. false false 430143 121119 117416 PARK CITY FILM IS SUMMIT COUNTY'S ONLY NONPROFIT ART HOUSE CINEMA. WE ENHANCE THE CULTURAL LIFE OF OUR COMMUNITY THROUGH THE PRESENTATION OF A CURATED SELECTION OF INDEPENDENT, FOREIGN LANGUAGE AND DOCUMENTARY FILMS IN LOCATIONS AROUND SUMMIT COUNTY; AND BY PROGRAMMING POST-FILM DISCUSSIONS THAT DEEPEN OUR PATRONS' UNDERSTANDING AND ENGAGEMENT WITH THE ISSUES RAISED BY THE FILMS WE SHOW. OUR VISION IS TO CREATE AN ENGAGING AND AFFORDABLE ARTS EXPERIENCE FOR PEOPLE OF ALL AGES AND BACKGROUNDS - USING FILM AS A MEDIUM TO ENTERTAIN, INSPIRE AND EDUCATE. OUR MISSION IS TO CREATE COMMUNITY THROUGH FILM. 430143 true true false false false false false false false false true false false true true true false 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 2 0 14 true false false false false false true true false false false false false false X 9 9 false false false false false false false true true false false true true true true false false true false false UT X X KATHARINE WANG 4356158291 PO BOX 683058 PARK CITY UT 84068 KATHARINE WANG EXECUTIVE DI 40.00 X 88528 0 12227 LARRY BROWNSTEIN CHAIR 3.00 X X 0 0 0 EMILY LOUGHLIN VICE CHAIR 1.00 X X 0 0 0 JOSEPH J ZYNCZAK ESQ SECRETARY 1.00 X X 0 0 0 BEN NITKA TREASURER 1.00 X X 0 0 0 SUSANNAH BARNES BOARD MEMBER 1.00 X 0 0 0 LESLEY CHRISTOPH BOARD MEMBER 1.00 X 0 0 0 DIANA PEREZ MORAN BOARD MEMBER 1.00 X 0 0 0 JILL SHEINBERG BOARD MEMBER 1.00 X 0 0 0 STEVE WILLIAMS BOARD MEMBER 1.00 X 0 0 0 88528 12227 false false false 400226 127218 19974 527444 TICKET SALES 512131 62968 62968 MEMBERSHIPS 512131 34440 34440 UNDERWRITING 512131 20008 20008 117416 133 133 87958 35105 52853 52853 CREDIT CARD REWARDS 900099 1487 1487 1487 699333 118903 52986 121119 121119 107764 43106 32329 32329 84215 77515 3350 3350 11335 10279 528 528 13993 9009 2492 2492 9292 9292 17176 16057 1119 59543 59543 11254 7416 2183 1655 1134 634 500 32266 30922 672 672 2223 1431 396 396 1349 1349 6004 6004 6681 4301 1190 1190 FILM RENTAL 33056 33056 BANK AND MERCHANT FEES 5285 5285 EQUIPMENT RENTAL 4960 4960 LICENSE & DUES 2433 1966 467 1476 1476 532558 430143 59803 42612 286826 132380 583080 801437 60500 69870 170082 134431 2945 35651 1000 102495 934351 1141833 20690 5782 65739 17315 104039 86429 127136 X 786092 927711 61830 86986 847922 1014697 934351 1141833 X 166775 X true X false true false X 91846 133887 345687 316509 254968 1142897 158659 110622 107211 144643 118903 640038 97976 83536 12010 20728 87958 302208 10000 179000 130000 55000 272476 646476 358481 507045 594908 536880 734305 2731619 5000 15000 30656 20263 19974 90893 5000 15000 30656 20263 19974 90893 2640726 178 686 95 427 133 1519 178 686 95 427 133 1519 1148 3923 510 5581 359807 511654 595513 537307 734438 2738719 0.96420 0.94080 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 165082 129431 35651 5000 5000 35651 RIGHT OF USE ASSET 101495 SECURITY BONDS 1000 102495 LEASE LIABILITY OPERATING 104039 104039 X 770254 27500 8316 35816 734438 -35105 -35105 699333 603479 27500 43421 70921 532558 532558 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3), QUALIFYING FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 509(A)(2) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) AND IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN IN ITS ANNUAL FILING AND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990 ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE THE YEAR ENDED JUNE 30, 2020. SCHEDULE D, PAGE 4, PART XI, LINE 2D DONATED ADVERTISING 8,316 SCHEDULE D, PAGE 4, PART XI, LINE 4B COST OF CONCESSION SALES -35,105 SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF CONCESSION SALES 35,105 DONATED ADVERTISING 8,316 false PARK CITY MUNICIPAL CORPORATION 445 MARSAC AVE PARK CITY UT 84060 876000260 115343 COST THEATER SEATING CAPITAL IMPROVEMENT 1 SCHEDULE I, PAGE 4, PART IV THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH PARK CITY MUNICIPAL CORPORATION TO ALLOW THE ORGANIZATION TO SOLICIT FOR AND COORDINATE THE INSTALLATION OF NEW THEATER SEATING WITHIN A BUILDING OWED BY PARK CITY MUNICIPAL CORPORATION. THE ORGANIZATION LEASES THE THEATER FROM PARK CITY MUNICIPAL CORPORATION. THE AGREEMENT DICTATED THAT THE ORGANIZATION WAS ALLOWED TO SOLICIT FOR AND COORDINATE INSTALLATION OF THE SEATING, BUT THAT THE SEATING WOULD BE DONATED BACK TO THE CITY WHEN IT WAS COMPLETE AND PLACED INTO SERVICE. FORM 990, PAGE 1, ITEM C PARK CITY FILM SERIES PARK CITY FILM FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND TREASURER IN DETAIL. THE FORM 990 IS ALSO PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTOR BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION PROVIDES A COPY OF ITS CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS AND MANAGEMENT DURING ONBOARDING. IN ADDITION, A COPY IS PROVIDED ANNUALLY. ALL BOARD MEMBERS AND MANAGEMENT ARE REQUIRED TO REVIEW THE POLICY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST THEY ARE AWARE OF. ALL POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE EXECUTIVE COMMITTEE TO DETERMINE THE APPROPRIATE ACTION TO BE TAKEN TO ELIMINATE OR MITIGATE RISKS POSED BY THE CONFLICT. THE ORGANIZATION REQUIRES THAT BOARD MEMBERS WITH CONFLICT OF INTEREST BE RECUSED FROM THE DELIBERATION AND VOTING RELATED TO A TRANSACTION OR ACTION IN WHICH THEY MAY HAVE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY INDIVIDUALS ON THE BOARD WHO ARE INDEPENDENT OF THE EXECUTIVE DIRECTOR. IN DETERMINING COMPENSATION, THE BOARD REVIEWS SALARY SURVEYS FOR SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS WITHIN THE REGION TO DETERMINE THAT COMPENSATION IS REASONABLE. THE BOARD ALSO CONTEMPORANEOUSLY DOCUMENTS THE DELIBERATION AND DETERMINATION OF THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAIALBLE TO THE PUBLIC UPON REQUEST TO THE ORGANIZATION'S ADDRESS. FORM 990, PART XI, LINE 9 DONATED ADVERTISING 8,316 COST OF CONCESSION SALES 35,105 COST OF CONCESSION SALES -35,105 DONATED ADVERTISING -8,316