PARK PLAYHOUSE INC

EIN: 141717464 501(c)(3) Human Services

Cohoes, NY

Total Revenue
$2,100,661
Total Expenses
$2,306,400
Total Assets
$228,166
Net Assets
$-854,883
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NY
Principal Officer
Owen Smith
Phone
5184340776
Tax Period
2024-09-01 to 2025-08-31

PARK PLAYHOUSE INC, founded in 1989, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024.

Mission

Provide free summer theater for the general public

Program Service Accomplishments

Program 1
Expenses: $1,312,095 Revenue: $0

The entity has provided free entertainment to the public in accordance with its statement of purpose. Provided summer education to children ages 9-12 in theatrical arts, presented live theatre with...

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The entity has provided free entertainment to the public in accordance with its statement of purpose. Provided summer education to children ages 9-12 in theatrical arts, presented live theatre with professional actors to 15,000 elementary school children. Also Park Playhouse is managing and operating Cohoes Music Hall bringing in a variety of entertainment to the stage while making the theatre accessible for everyone in the community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $436,006
Program Service Revenue $1,661,659
Investment Income $0
Other Revenue $2,996
TOTAL REVENUE $2,100,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,129,016
Fundraising Expenses $11,614
Program Expenses $1,312,095
Other Expenses $1,177,384
TOTAL EXPENSES $2,306,400

Year-over-Year Comparison

2024 2023 Change
Revenue $2,100,661 $2,093,529 +0.0%
Expenses $2,306,400 $2,035,023 +0.1%
Net Income $-205,739 $58,506 -4.5%
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
17
Independent Members
17
Employees
29
Volunteers
30

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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allen Goodman Chair 1
Director
$0 $0 $0
Benita Zahn President: Anchor 1
Director
$0 $0 $0
Ilene Stein Vice President 1
Director
$0 $0 $0
Matthew McKeon Director 1
Director
$0 $0 $0
Thomas Templeton Corporate Secratary 1
Director
$0 $0 $0
Shirley W Arensberg Ex-Offico 1
Director
$0 $0 $0
William T Keeler Board Member 1
Director
$0 $0 $0
John Devito Treasurer 1
Director
$0 $0 $0
Clifford Bird Board Member 1
Director
$0 $0 $0
Karen W Glaser Board Member 1
Director
$0 $0 $0
Melanie Grossman Board Member 1
Director
$0 $0 $0
Patrick D Noonan Board Member 1
Director
$0 $0 $0
Kate Purnomo Board Member 1
Director
$0 $0 $0
Catherine Robinson Board Member 1
Director
$0 $0 $0
Hon Dorcey Applyrs Board Member 1
Director
$0 $0 $0
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 $2,100,661 $2,306,400 $228,166 $-205,739
2024 $2,093,529 $2,035,023 $300,621 $58,506
2018 $723,543 $924,314 $37,253 $-200,771
2017 $595,447 $637,264 $27,764 $-41,817
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