Nonprofit · EIN 27-2142182
WALTON THEATRE PRESERVATION ASSOCIATION
Tax-exempt · WALTON, NY 13856
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $99,804 | $77,389 | $22,415 | $1,378,111 | $0 | $1,378,111 |
| December 31, 2023 | 990 | $70,712 | $65,455 | $5,257 | $1,345,622 | $0 | $1,345,622 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,476
- Program service revenue
- $2,400
- Investment income
- $95,928
- Net gain from sales of assets
- $61,878
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,350
- Occupancy
- $4,769
- Depreciation
- $16,515
- Program services (functional)
- $60,345
- Management and general (functional)
- $17,044
Balance sheet and other
- Total assets, start of year
- $1,345,622
- Total assets, end of year
- $1,378,111
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,378,111
- Land, buildings and equipment
- $166,682
- Publicly traded securities
- $1,180,924
- Net assets without donor restrictions
- $1,378,111
- Gross receipts
- $528,865
- Employees
- 0
- Volunteers
- 20
- State of legal domicile
- NY
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VICKY O'BRIEN | SECRETARY Trustee or director, Officer | 5 | $0 |
| JAMES RICE | CHAIRMAN Trustee or director, Officer | 20 | $0 |
| JAMES RICHARDSON | TREASURER Trustee or director, Officer | 10 | $0 |
| GALE SHERADIN | VICE CHAIR Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VICKY O'BRIEN | SECRETARY Trustee or director, Officer | 4 | $0 |
| JAMES RICE | CHAIRMAN Trustee or director, Officer | 20 | $0 |
| JAMES RICHARDSON | TREASURER Trustee or director, Officer | 10 | $0 |
| GALE SHERADIN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1, WALTON, NY 13856-0001
- In care of
- % ANDREA PATERNOSTER
- Mailing address (990-N for 2011)
- PO Box 1, Walton NY 13856
- Principal officer (990 for 2024)
- JAMES RICHARDSON, 3192 COUNTY HIGHWAY 21, WALTON, NY 13856
- Principal officer (990-N for 2011)
- Andrea Paternoster, Gardiner Place, Walton NY 13856
- Signed the 990
- JAMES RICHARDSON, TREASURER
- Phone
- (607) 865-6829
- Website
- WWW.WALTONTHEATRE.ORG
- Return prepared by
- HULTENIUS TAX SERVICES LLC
Mission
THE MISSION OF THE WALTON THEATRE PRESERVATION ASSOCIATION IS TO RESTORE, REHABILITATE AND MAINTAIN THE INTERIOR OF THE WALTON THEATRE, AND WHERE IN POSSIBLE, RETURN IT TO ITS OPTIMUM APPEARANCE. THE MISSION HAS ALSO EXPANDED TO PROVIDING A VENUE FOR THE ARTS FOR CENTRAL DELAWARE COUNTY, WHICH, BY THE VERY NATURE OF ITS TERRAIN AND GEOMORPHOLOGY, ISOLATES ITS RESIDENTS FROM ENJOYMENT OF OTHER VENUES ON THE EDGES OF THE COUNTY OR IN NEIGHBORING COUNTIES.
Program accomplishments
- TO ENSURE THE RESTORATION AND ENHANCEMENT OF THE WALTON THEATRE BUILDING AND THEATRICAL EQUIPMENT AND ENCOURAGE AND ENABLE INCREASED USE AS A PERFORMANCE VENUE. VOLUNTEERS HELP RAISE FUNDS THROUGH GRANT WRITING, BENEFIT EVENTS, JEWELRY SALES AND DONATIONS.Expenses $60,345
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2142182
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $1,378,111
- Income (IRS master file)
- $528,865
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $99,804 | $77,389 | $1,378,111 | XML |
| 990 | December 2023 | $70,712 | $65,455 | $1,345,622 | XML |
| 990 | December 2022 | -$12,395 | $56,746 | $1,346,256 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2011 Officer: Andrea Paternoster | December 31, 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 27-2142182).
Questions about WALTON THEATRE PRESERVATION ASSOCIATION
- What is the EIN of WALTON THEATRE PRESERVATION ASSOCIATION?
- The employer identification number (EIN) of WALTON THEATRE PRESERVATION ASSOCIATION is 27-2142182.
- Is WALTON THEATRE PRESERVATION ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to WALTON THEATRE PRESERVATION ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WALTON THEATRE PRESERVATION ASSOCIATION 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 WALTON THEATRE PRESERVATION ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALTON THEATRE PRESERVATION ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WALTON THEATRE PRESERVATION ASSOCIATION?
- The 990 for the year ended December 31, 2024 names JAMES RICHARDSON.
- Who are the officers and directors of WALTON THEATRE PRESERVATION ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does WALTON THEATRE PRESERVATION ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $99,804, expenses of $77,389 and total assets of $1,378,111 at year end.
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All nonprofits in WALTON · New York · Arts, culture and humanities