Nonprofit · EIN 27-0962251
PALM ARTS
Tax-exempt · TELLURIDE, CO 81435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $402,787 | $415,880 | -$13,093 | $1,114,718 | $23,189 | $1,091,529 |
| June 30, 2024 | 990 | $454,917 | $377,393 | $77,524 | $1,065,897 | $14,399 | $1,051,498 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $101,145
- of which government grants
- $44,120
- Program service revenue
- $248,937
- Investment income
- $26,699
- Net income from sales of inventory
- $26,006
- Other revenue
- $26,006
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $77,757
- Other salaries and wages
- $143,008
- Salaries, compensation and benefits (total)
- $272,003
- Professional fundraising fees
- $0
- Accounting fees
- $2,919
- Occupancy
- $1,253
- Depreciation
- $56,972
- Program services (functional)
- $111,051
- Management and general (functional)
- $304,829
Balance sheet and other
- Total assets, start of year
- $1,065,897
- Total assets, end of year
- $1,114,718
- Total liabilities, end of year
- $23,189
- Net assets, end of year
- $1,091,529
- Land, buildings and equipment
- $107,555
- Publicly traded securities
- $870,663
- Net assets without donor restrictions
- $818,529
- Net assets with donor restrictions
- $273,000
- Gross receipts
- $413,067
- Employees
- 5
- Volunteers
- 53
- Year formed
- 2009
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KATHRYN N HATTLER | MANAGING DIR Trustee or director | 40 | $16,771 | $77,757 |
| JENNY CARLSON | TREASURER Trustee or director | 1 | $0 | $0 |
| JUDITH GLUCKSTERN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHANIE HATCHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAN HENSCHEL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KATHY JEPSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KEIRA SKINNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANGELA WATKINS | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN N HATTLER | MANAGING DIR Trustee or director | 1 | $12,575 |
| VALERIE MADONIA | DIRECTOR Trustee or director | 1 | $150 |
| JONATHAN ABRAM | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CLAIRE BEARD | DIRECTOR Trustee or director | 1 | $0 |
| JENNY CARLSON | TREASURER Trustee or director | 1 | $0 |
| JUDITH GLUCKSTERN | VICE PRESIDE Trustee or director | 1 | $0 |
| STEPHANIE HATCHER | DIRECTOR Trustee or director | 1 | $0 |
| DAN HENSCHEL | TRUSTEE Trustee or director | 1 | $0 |
| KEIRA SKINNER | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANGELA WATKINS | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 721 W COLORADO AVE, TELLURIDE, CO 81435-9145
- In care of
- % HEATHER ROMMEL
- Mailing address (990-N for 2010)
- 721 W Colorado Avenue, Telluride CO 81435
- Principal officer (990 for 2024)
- KATHY JEPSON, PO BOX 84, PLACERVILLE, CO 814300084
- Principal officer (990-N for 2010)
- Heather Rommel, 721 W Colorado Avenue, Telluride CO 81435
- Signed the 990
- KATHY JEPSON, PRESIDENT
- Phone
- (970) 708-1223
- Website
- TELLURIDEPALM.COM
- Return prepared by
- NEIDERHISER CONSULTING & ACCOUNTING
Mission
PALM ARTS ENRICHES AND EXPANDS THE EDUCATIONAL, PERFORMING ARTS, AND CULTURAL OPPORTUNITIES OF THE TELLURIDE COMMUNITY THROUGH INNOVATIVE PROGRAMMING AND DANCE INSTRUCTION AND AS A CREATIVE CROSSROADS FOR OUR AREA PARTNERS.
Program accomplishments
- THE PALM ARTS DANCE PROGRAM, NOW IN ITS FOURTEENTH YEAR, SERVES OVER 120 LOCAL DANCE FAMILIES WITH AFTER-SCHOOL AND SUMMER DANCE INSTRUCTION AS WELL AS PROVIDING PERFORMANCE OPPORTUNITIES FOR CHILDREN AND ADULTS.Expenses $72,892 · revenue $132,347
- PALM ARTS THEATRE PROGRAMMING IS COMMITTED TO BRINGING NATIONAL AND INTERNATIONAL TOURING COMPANIES TO THE MICHAEL D. PALM THEATRE AND BOB SAUNDERS THEATRE FOR PUBLIC PERFORMANCES AND STUDENT OUTREACHES.Expenses $38,159 · revenue $116,045
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0962251
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $1,114,718
- Income (IRS master file)
- $413,067
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $402,787 | $415,880 | $1,114,718 | XML |
| 990 | June 2024 | $454,917 | $377,393 | $1,065,897 | XML |
| 990 | June 2023 | $356,043 | $367,292 | $977,271 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Heather Rommel | June 30, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0962251).
Questions about PALM ARTS
- What is the EIN of PALM ARTS?
- The employer identification number (EIN) of PALM ARTS is 27-0962251.
- Is PALM ARTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to PALM ARTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALM ARTS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PALM ARTS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALM ARTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PALM ARTS?
- The 990 for the year ended June 30, 2025 names KATHY JEPSON.
- Who are the officers and directors of PALM ARTS?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $16,771 (KATHRYN N HATTLER, MANAGING DIR).
- How much revenue does PALM ARTS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $402,787, expenses of $415,880 and total assets of $1,114,718 at year end.
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