Form 990 for tax year 2024
Filed by SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL.
Totals
- Total revenue
- $477,476
- Total expenses
- $680,182
- Contributions and grants received
- $455,998
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $3
- Other revenue
- $21,475
- Total assets, end of year
- $12,519,485
- Total liabilities, end of year
- $2,056,161
- Net assets or fund balances, end of year
- $10,463,324
- Program services expenses (Part IX)
- $347,800
- Management and general expenses
- $193,822
- Fundraising expenses
- $138,560
- Program service expenses (Part III)
- $347,800
Program services were 51.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$73,346
-
1e · Government grants (contributions)
$40,000
-
1f · All other contributions, gifts and grants
$342,652
-
3 · Investment income
total $3 · excluded $3
-
8a · Fundraising events: gross income
$10,000
-
8a · Fundraising events: contributions included on line 1c
$73,346
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $10,000 · excluded $10,000
-
11a · Other revenue: DEVELOPER FEE REVENUE
total $11,475 · related or exempt $11,475
-
11e · Other revenue, total
$11,475
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $327,592 · program services $194,216 · management and general $97,238 · fundraising $36,138
-
8 · Pension plan contributions
total $2,656 · program services $1,575 · management and general $788 · fundraising $293
-
9 · Other employee benefits
total $44,309 · program services $26,269 · management and general $13,152 · fundraising $4,888
-
10 · Payroll taxes
total $24,940 · program services $14,786 · management and general $7,403 · fundraising $2,751
-
11c · Fees: accounting
total $2,925 · management and general $2,925
-
11g · Fees: other
total $117,205 · program services $42,936 · management and general $33,212 · fundraising $41,057
-
13 · Office expenses
total $10,691 · program services $7,178 · management and general $2,347 · fundraising $1,166
-
16 · Occupancy
total $2,705 · program services $1,075 · management and general $1,630
-
17 · Travel
total $87 · program services $56 · management and general $21 · fundraising $10
-
19 · Conferences, conventions and meetings
total $642 · program services $415 · management and general $153 · fundraising $74
-
20 · Interest
total $92,638 · program services $58,371 · management and general $33,688 · fundraising $579
-
23 · Insurance
total $64 · program services $46 · management and general $18
-
24a · Other expenses: FUNDRAISING EXPENSES
total $50,751 · fundraising $50,751
-
24b · Other expenses: HOSPITALITY
total $2,977 · program services $877 · management and general $1,247 · fundraising $853
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $92,530 · end of year $17,477
-
3 · Pledges and grants receivable
beginning of year $665,202 · end of year $617,152
-
4 · Accounts receivable
beginning of year $1,009 · end of year $3,980
-
9 · Prepaid expenses and deferred charges
beginning of year $1,247 · end of year $2,322
-
11 · Investments: publicly traded securities
beginning of year $29,259 · end of year $33,816
-
12 · Investments: other securities
beginning of year $11,225,233 · end of year $11,844,738
-
15 · Other assets
beginning of year $700,176 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $265,679 · end of year $309,599
-
23 · Secured mortgages and notes payable
beginning of year $1,337,504 · end of year $1,267,833
-
25 · Other liabilities
beginning of year $450,000 · end of year $478,729
-
27 · Net assets without donor restrictions
beginning of year $10,316,759 · end of year $10,463,324
-
28 · Net assets with donor restrictions
beginning of year $344,714 · end of year $0
Mission and programs · 2024
Mission
TO PROVIDE AND PRESERVE AN HISTORIC VENUE FOR PERFORMING ARTS, CULTURAL, EDUCATIONAL, AND COMMUNITY EVENTS, TO PROMOTE AND ENHANCE THE ECONOMIC VITALITY OF THE GREATER SARATOGA SPRINGS REGION, AND TO SERVE CITIZENS OF THAT REGION THROUGH USE OF ITS FACILITIES FOR APPROPRIATE EVENTS INCLUDING PRIVATE RENTALS.
Activities or mission (Part I)
UNIVERSAL PRESERVATION HALL IS A PARTNER IN THE PROCTORS COLLABORATIVE, AN ORGANIZATION DEDICATED TO CHANGING EXPECTATIONS AS TO HOW THE ARTS CAN SERVE A COMMUNITY.
-
THE PURPOSE OF UNIVERSAL PRESERVATION HALL IS TO DEVELOP AND PROVIDE FOR THE RESTORATION OF AN HISTORIC VENUE FOR PERFORMING ARTS, CULTURAL, EDUCATIONAL, AND COMMUNITY EVENTS, TO PROMOTE AND ENHANCE THE ECONOMIC VITALITY OF THE GREATER SARATOGA SPRINGS REGION, AND TO SERVE CITIZENS OF THAT AREA.
Expenses $347,800 · Revenue $11,475
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
KATHLEEN FYFE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BETH FECTEAU
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROBERT EGIELSKI
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
RACHEL DUNN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
SONNY BONACIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN BOXLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROB COUGHLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BRIAN CUNEO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CARMINE DECRESCENTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
REVEREND ROSE DURR
TRUSTEE (UNTIL 1/1/24)
- Total calculated
- $0
- Hours/week
- 1
-
TONY IANNIELLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN KARCHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN KYNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
TODD LAROCHE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARGARET MOUNT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL PHINNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JASON TEPPER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
HELEN WATSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ANITA WORTH
TRUSTEE (UNTIL 1/1/24)
- Total calculated
- $0
- Hours/week
- 1
-
PHILIP MORRIS
CHIEF EXECUTIVE OFFICER
- Total calculated
- $375,419
- From this org
- $0
- From related orgs
- $363,696
- Other
- $11,723
- Hours/week
- 1 + 42 related
Schedule J breakdown matched by us
- Base
- $0 + $363,696 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $10,911 related
- Nontaxable benefits
- $0 + $812 related
- Filer's total
- $0 + $375,419 related
-
CHRISTOPHER MUSTO
CHIEF FINANCIAL OFFICER
- Total calculated
- $139,805
- From this org
- $0
- From related orgs
- $133,045
- Other
- $6,760
- Hours/week
- 1 + 42 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS SET BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"). THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ARTS CENTER & THEATRE OF SCHENECTADY INC
501(C)(3) · PERFORMING ARTS CENTER · NY
-
501(C)(3) · COMMUNITY ART · NY
Directly controlled by ARTS CENTER & THEATRE OF SCHENECTADY INC
-
501(C)(3) · PROFESSIONAL THEATRE · NY
Directly controlled by ARTS CENTER & THEATRE OF SCHENECTADY INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RELATED · HOLDING COMPANY · NY
Directly controlled by UPH SARATOGA MANAGER LLC
-
HOLDING COMPANY · NY
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · MANAGE COMPLIANCE OPER OF PTR · NY
-
C · MANAGE COMPLIANCE OPER OF UPH SARATOGA · NY · 100% owned · share of income $42,023 · share of assets $10,285,869 · controlled entity
Directly controlled by SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL
-
C · MANAGE COMPLIANCE OPER OF THEREP · NY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523209349300252
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