2025-08-04T17:13:18-05:00 2024-09-30 840803727 REESE HENRY & COMPANY INC 400 E MAIN ST STE 2 ASPEN CO 81611 990 2023-10-01 841166423 SHERIDAN ARTS FOUNDATION SHER 9707286363 PO BOX 2680 TELLURIDE CO 81435 STEVEN PALAMAR PRESIDENT 9707286363 2025-08-04 1 1 BOB SOMMERFELD CPA P00645017 9709253771 2023 2025-03-06 01:10:19Z STEVEN PALAMAR PO BOX 2680 TELLURIDE CO 81435 2731540 0 X WWW.SHERIDANOPERAHOUSE.COM X 1991 CO THE SHERIDAN ARTS FOUNDATION WAS FOUNDED IN 1991 AS A 501(C)(3) NON-PROFIT ORGANIZATION TO: RESTORE AND PRESERVE THE HISTORIC SHERIDAN OPERA HOUSE AS AN ARTS AND CULTURAL RESOURCE FOR THE TELLURIDE COMMUNITY; BRING QUALITY ARTS AND CULTURAL EVENTS TO TELLURIDE; PROVIDE LOCAL AND NATIONAL YOUTH WITH ACCESS AND EXPOSURE TO THE ARTS THROUGH EDUCATION. 6 5 23 115 0 0 380148 420547 786809 780672 18036 54719 345785 282322 1530778 1538260 0 0 0 0 680602 738036 0 0 80334 936659 928334 1617261 1666370 -86483 -128110 2927869 2823775 658983 681987 2268886 2141788 X RESTORE AND PRESERVE THE HISTORIC SHERIDAN OPERA HOUSE AS AN ARTS AND CULTURAL RESOURCE FOR THE TELLURIDE COMMUNITY; BRING QUALITY ARTS AND CULTURAL EVENTS TO TELLURIDE; PROVIDE LOCAL AND NATIONAL YOUTH WITH ACCESS AND EXPOSURE TO THE ARTS THROUGH EDUCATION 0 0 1390143 962715 PROMOTING THE PERFORMING ARTS AND SHERIDAN OPERA HOUSE OPERATIONS. OVER 22,000 PEOPLE TOOK ADVANTAGE OF THE EVENTS AND SHOWS OFFERED AT THE OPERA HOUSE. 38094 100279 YOUNG PEOPLE'S THEATER IS A DIVERSE AND FLOURISHING CENTER FOR YOUNG THESPIANS THAT HAS AN ENROLLMENT OF OVER 200 CHILDREN BETWEEN AGES 2 AND 18 EACH YEAR. THE PROGRAM FEES ARE BASED ON FINANCIAL ABILITY. SEVERAL CLASSES ARE HELD THROUGHOUT THE YEAR. FOUR FULL LENGTH MUSICALS WERE PRESENTED OVER 14 SHOWS AT THE OPERA HOUSE. 2,200 PEOPLE ATTENDED THE SHOWS. 1428237 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 69 0 1 23 1 0 0 0 0 0 1 1 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X X THE FOUNDATION 9707286363 110 NORTH OAK ST TELLURIDE CO 81435 SCOTT SWANK DIRECTOR 1.00 X 0 0 0 GRACE ENGBRING DIRECTOR 1.00 X 0 0 0 MARK DALTON CHAIRMAN 2.00 X X 0 0 0 JAMES GALLAGHER VICE PRESIDENT 1.00 X X 0 0 0 JAMES I BLACK III SECRETARY 1.00 X X 0 0 0 JASON SOULES DIRECTOR 1.00 X 0 0 0 STEVEN PALAMAR PRESIDENT 40.00 X 120749 0 0 RONATTA PALAMAR EXECUTIVE DIRECTOR 40.00 X 129116 0 0 249865 0 0 2 0 0 0 0 38500 382047 50923 420547 EVENT ADMISSIONS 711300 577056 577056 FACILITY RENTALS 711300 193983 193983 OTHER PROGRAM INCOME 711300 9633 9633 780672 16232 16232 1034000 995513 38487 38487 38487 480089 197767 282322 282322 1538260 1062994 0 54719 X 221290 107917 57205 56168 401708 355556 34717 11435 59342 42345 9792 7205 55696 42915 7363 5418 25279 25279 501992 501992 31483 31483 90768 78346 12314 108 1097 1097 72195 72195 2920 2920 5509 5509 22443 22443 93806 93806 35794 30174 5620 EQUP/SUPPLIES FOR SHOWS 32646 32646 BAR SUPPLIES 12402 12402 1666370 1428237 157799 80334 75701 93408 172739 152117 4243 7850 27775 32082 2714 7894 3208160 1669860 1628926 1538300 1015771 992124 2927869 2823775 18641 13686 43684 82001 100000 100000 496658 486300 658983 681987 X 2261886 2123989 7000 17799 2268886 2141788 2927869 2823775 -128110 6752 -5740 0 X 0 1 X 0 0 X 755538 1329522 655082 380149 420547 3540838 741131 562438 535338 786809 856760 3482476 1496669 1891960 1190420 1166958 1277307 7023314 373676 20000 82075 109291 109137 694179 73632 29279 35581 138492 447308 20000 111354 109291 144718 832671 6190643 358 245 5676 16232 22511 358 245 5676 16232 22511 1496669 1892318 1190665 1172634 1293539 7045825 0.87860 0.85020 0.00320 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 280685 280685 2334501 1246061 1088440 592974 423799 169175 1538300 1572860 6752 33588 40340 1532520 5740 5740 1538260 1699958 33588 33588 1666370 0 1666370 GRACE ENGBRING BOARD MEMBER SUPPORT OPERATIONS X 50000 50000 0 1 1 SCOTT SWANK BOARD MEMBER SUPPORT OPERATIONS X 50000 50000 0 1 1 100000 X 2 49423 SALES PROCEEDS X MERCHANDISE 1 1500 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 EXECUTIVE DIRECTOR AND THE BOARD PRESIDENT ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS REQUESTED THE PRESIDENT TO REVIEW THE 990 ON THEIR BEHALF. THE PRESIDENT REPORTS TO THE BOARD, AND THE BOARD HAS THE ABILITY TO MAKE CHANGES PRIOR TO FILING. ONCE THE 990 IS APPROVED BY THE BOARD, IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE ANNUALLY AND PROVIDE IT TO THE DIRECTOR OF FINANCE AND BUSINESS AFFAIRS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE SALARY STRUCTURE FOR THE EXECUTIVE DIRECTOR, PRESIDENT, DIRECTOR OF FINANCE AND BUSINESS AFFAIRS AND EVENT DIRECTOR POSITIONS ANNUALLY. INFORMATION USED INCLUDES COMPARABILITY OF SIMILAR POSITIONS TO THE LOCAL PAY STRUCTURE AND PERFORMANCE BASED STANDARDS. THE DISCUSSION IS HELD IN EXECUTIVE SESSION AND IS NOT INCLUDED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 990 IS AVAILABLE TO THE GENERAL PUBLIC ON GUIDESTAR'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE FOUNDATION PROVIDES COPIES OF GOVERNING DOCUMENTS AND THE ANNUAL AUDIT TO INTERESTED PARTIES. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 99,214. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,214. ARTIST FEES: PROGRAM SERVICE EXPENSES 339,982. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 339,982. EVENT EXPENSES - HOSPITALITY: PROGRAM SERVICE EXPENSES 62,796. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,796.