QUEENS THEATRE IN THE PARK INC

EIN: 113381629 501(c)(3) Arts, Culture & Humanities

QUEENS, NY

Total Revenue
$2,618,165
Total Expenses
$2,986,915
Total Assets
$2,249,955
Net Assets
$2,027,099
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
JULIA DEL PALACIO
Phone
7187600686
Tax Period
2024-07-01 to 2025-06-30

QUEENS THEATRE IN THE PARK INC, founded in 1997, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO OPERATE A PERFORMING ARTS FACILITY IN FLUSHING-MEADOWS CORONA PARK, QUEENS THAT PROVIDES PROFESSIONAL PRODUCTIONS AND OTHER PROGRAMS IN THE DRAMATIC, MUSICAL AND RELATED ARTS, ENCOURAGES AND FACILITATES THE USE OF ITS FACILITY AS A RESOURCE CENTER BY OTHER NOT-FOR-PROFIT ORGANIZATIONS, AND PROVIDES ARTS-IN-EDUCATION PROGRAMMING FOR YOUTHS INCLUDING IN-SCHOOL WORKSHOPS AND LIVE PERFORMING ARTS EXPERIENCE.

Program Service Accomplishments

Program 1
Expenses: $737,194 Revenue: $265,484

- THEATRE SERIES: FULLY STAGED PRODUCTIONS OF BOTH ESTABLISHED WORKS AND NEW PLAYS AND MUSICALS. - THEATRE FOR ALL: A MAJOR INITIATIVE TO ADVANCE THE INCLUSION OF PEOPLE WITH DISABILITIES IN THE...

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- THEATRE SERIES: FULLY STAGED PRODUCTIONS OF BOTH ESTABLISHED WORKS AND NEW PLAYS AND MUSICALS. - THEATRE FOR ALL: A MAJOR INITIATIVE TO ADVANCE THE INCLUSION OF PEOPLE WITH DISABILITIES IN THE PERFORMING ARTS - INCLUDES A TRAINING PROGRAM, INCREASED ACCESSIBILITY SERVICES, AND MORE. - CULTURAL PROGRAMS: PERFORMANCES OF MUSIC, DANCE THEATRE, AND FILM RELATED TO CULTURALLY SPECIFIC THEMES. - DANCE SERIES: QUEENS THEATRE PRESENTS PERFORMANCES BY DIVERSE, LOCAL, INTERNATIONAL, AND WORLD CLASS CONTEMPORARY DANCE COMPANIES.- NEW PLAY DEVELOPMENT: EACH YEAR, QUEENS THEATRE STAGES READINGS OF WORKS IN DEVELOPMENT. THE READINGS ARE FREE AND OPEN TO THE PUBLIC. - SPECIAL EVENTS PRODUCTIONS: THESE PROGRAMS ARE SPECIAL PRODUCTIONS MADE IN ASSOCIATION WITH OTHER THEATRE GROUPS.

Program 2
Expenses: $924,669 Revenue: $330,000

- EDUCATION : THE EDUCATION PROGRAM OFFERS PERFORMING ARTS CLASSES ON SITE AS WELL AS AT LOCAL PUBLIC SCHOOLS. IT ALSO OFFERS EXCLUSIVE STUDENT MATINEE PERFORMANCES FROM THE THEATRE AND DANCE SERIES...

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- EDUCATION : THE EDUCATION PROGRAM OFFERS PERFORMING ARTS CLASSES ON SITE AS WELL AS AT LOCAL PUBLIC SCHOOLS. IT ALSO OFFERS EXCLUSIVE STUDENT MATINEE PERFORMANCES FROM THE THEATRE AND DANCE SERIES. QUEENS THEATRE PARTNERS WITH SENIOR CENTERS IN QUEENS TO OFFER PERFORMANCE PROGRAMS FOR SENIORS.- KIDS PROGRAMS: QUEENS THEATRE PRESENTS AND DEVELOPS PRODUCTIONS DESIGNED FOR YOUNG AUDIENCES

Program 3
Expenses: $360,635 Revenue: $482,131

- COMMUNITY ENGAGEMENT: AN INCLUSIVE AND DIVERSE PROGRAM OF ON AND OFFSITE CULTURAL EVENTS, PERFORMANCES AND PARTNERSHIPS THAT ARE PRIMARILY FREE AND SERVE TO ENGAGE AND BUILD COMMUNITY AROUND QUEENS...

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- COMMUNITY ENGAGEMENT: AN INCLUSIVE AND DIVERSE PROGRAM OF ON AND OFFSITE CULTURAL EVENTS, PERFORMANCES AND PARTNERSHIPS THAT ARE PRIMARILY FREE AND SERVE TO ENGAGE AND BUILD COMMUNITY AROUND QUEENS THEATRE

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,514,862
Program Service Revenue $1,077,615
Investment Income $25,688
Other Revenue $0
TOTAL REVENUE $2,618,165

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,103,272
Fundraising Expenses $132,194
Program Expenses $2,022,498
Other Expenses $883,643
TOTAL EXPENSES $2,986,915

Year-over-Year Comparison

2024 2023 Change
Revenue $2,618,165 $3,324,768 -0.2%
Expenses $2,986,915 $2,873,898 +0.0%
Net Income $-368,750 $450,870 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
107
Volunteers
23

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$163,575
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY KESNER PRESIDENT 3.00
Officer Director
$0 $0 $0
TRACY CAPUNE VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
MARK MISK SECRETARY 3.00
Officer Director
$0 $0 $0
BRUCE LEVINE TREASURER 3.00
Officer Director
$0 $0 $0
ALFONSO QUIROZ DIRECTOR 1.00
Director
$0 $0 $0
AVITA DELERME DIRECTOR 1.00
Director
$0 $0 $0
SAL DIMARTINO DIRECTOR 1.00
Director
$0 $0 $0
DR CAMERON R HERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
ROBERT F HOLDEN DIRECTOR 1.00
Director
$0 $0 $0
SUSAN B LIPSKY DIRECTOR 1.00
Director
$0 $0 $0
FRANCES A RESHESKE PRESIDENT EMERITUS 1.00
Officer Director
$0 $0 $0
IRENE ZOUPANIOTIS DIRECTOR 1.00
Director
$0 $0 $0
WIL FISHER DIRECTOR 1.00
Director
$0 $0 $0
TARYN SACRAMONE EXECUTIVE DIRECTOR 40.00
Officer
$128,895 $34,680 $163,575
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,618,165 $2,986,915 $2,249,955 $-368,750
2024 No data No data No data No data
2024 $3,324,768 $2,873,898 $3,263,887 $450,870
2023 $2,800,975 $2,916,503 $1,481,433 $-115,528
2022 $14,703,338 $14,589,492 $1,436,440 $113,846
2021 $1,571,069 $1,641,041 $1,649,192 $-69,972
2020 $2,479,332 $2,433,058 $1,683,536 $46,274
2019 $2,627,911 $2,528,308 $1,300,171 $99,603
2018 $2,511,365 $2,294,669 $1,169,089 $216,696
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