Nonprofit · EIN 84-3216944
PARK THEATER TRUST
Tax-exempt · LAFAYETTE, CA 94549
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,535,106 | $74,405 | $1,460,701 | $10,358,490 | $669,759 | $9,688,731 |
| December 31, 2024 | 990 | $2,598,400 | $60,228 | $2,538,172 | $8,840,835 | $541,601 | $8,299,234 |
| December 31, 2023 | 990 | $1,695,301 | $53,156 | $1,642,145 | $6,217,888 | $513,313 | $5,704,575 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,392,493
- Program service revenue
- $0
- Investment income
- $168,465
- Net rental income
- -$25,972
- Net income from sales of inventory
- $120
- Other revenue
- -$25,852
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $773
- Accounting fees
- $23,662
- Depreciation
- $756
- Program services (functional)
- $31,810
- Management and general (functional)
- $42,595
Balance sheet and other
- Total assets, start of year
- $8,840,835
- Total assets, end of year
- $10,358,490
- Total liabilities, end of year
- $669,759
- Net assets, end of year
- $9,688,731
- Land, buildings and equipment
- $4,508,605
- Net assets without donor restrictions
- $7,906,781
- Net assets with donor restrictions
- $1,781,950
- Gross unrelated business income
- -$25,972
- Gross receipts
- $1,636,983
- Employees
- 0
- Volunteers
- 31
- Year formed
- 2019
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathy Bowles | President Trustee or director, Officer | 3 | $0 |
| Jana Corey | Secretary Trustee or director, Officer | 13 | $0 |
| Angela Ferrif | Treasurer Trustee or director, Officer | 5 | $0 |
| Tracey Karsten Farrell | CFO Trustee or director, Officer | 18.5 | $0 |
| Peter Berkowitz | Director Trustee or director | 11 | $0 |
| JOHN MCCORMICK | Director Trustee or director | 6 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathy Bowles | President Trustee or director, Officer | 3 | $0 |
| Jana Corey | Secretary Trustee or director, Officer | 13 | $0 |
| Tracey Karsten Farrell | CFO Trustee or director, Officer | 18.5 | $0 |
| Peter Berkowitz | Director Trustee or director | 11 | $0 |
| Larry Haydon | Director Trustee or director | 3 | $0 |
| Angela Ferrif | Treasurer Trustee or director, Officer | 5 | $0 |
| John McCormick | Director Trustee or director | 6 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathy Bowles | President Trustee or director, Officer | 4.5 | $0 |
| Jana Corey | Secretary Trustee or director, Officer | 4 | $0 |
| Tracey Farrell | CFO Trustee or director, Officer | 4 | $0 |
| Awais Mughal | Director Trustee or director | 3 | $0 |
| Larry Haydon | Director Trustee or director | 3 | $0 |
| Angela Ferrif | Treasurer Trustee or director, Officer | 2 | $0 |
| John McCormick | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1624, LAFAYETTE, CA 94549-1624
- In care of
- % KATHY S BOWLES
- Mailing address (990-N for 2020)
- PO Box 1624, Lafayette CA 94549
- Principal officer (990 for 2025)
- Kathy Bowles, PO Box 1624, Lafayette, CA 94549
- Principal officer (990-N for 2020)
- Tracey K Farrell, 11 Topper Ct, Lafayette CA 94549
- Signed the 990
- Tracey Karsten Farrell, CFO
- Phone
- (510) 219-0671
- Website
- www.parktheatertrust.org
- Return prepared by
- REGALIA BERGER & BERGER CPAS
Mission
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.
Program accomplishments
- Initially called together as a volunteer task force by the City of Lafayette, The Park Theater Trust (TPTT) is a 501(c)(3) Public Benefit corporation. In April 2019, we were awarded seed monies by the Community Foundation of Lafayette (CFL), 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 four additional Excellence Grants by CFL. Primarily due to private donations and grants from family foundations, CFL 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.Expenses $31,810
- Reopening the Park Theater consistently ranks in the top four community concerns a priority of citizens, local businesses, 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.
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 | 990 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
- 84-3216944
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $10,358,490
- Income (IRS master file)
- $1,636,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,695,301 | $53,156 | $6,217,888 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $1,061,788 | $311,334 | $5,074,760 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Tracey K Farrell | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about PARK THEATER TRUST
- What is the EIN of PARK THEATER TRUST?
- The employer identification number (EIN) of PARK THEATER TRUST is 84-3216944.
- Is PARK THEATER TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to PARK THEATER TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARK THEATER TRUST 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 PARK THEATER TRUST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARK THEATER TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PARK THEATER TRUST?
- The 990 for the year ended December 31, 2025 names Kathy Bowles.
- Who are the officers and directors of PARK THEATER TRUST?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does PARK THEATER TRUST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,535,106, expenses of $74,405 and total assets of $10,358,490 at year end.
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All nonprofits in LAFAYETTE · California · Arts, culture and humanities