2025-11-15T19:55:43-06:00 2024-12-31 420714325 RSM US LLP 6 S PATTERSON BLVD DAYTON OH 45402 990 2024-01-01 320033321 SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL SARA 5185842627 432 STATE ST SCHENECTADY NY 12305 PHILIP MORRIS CEO 5185842627 2025-11-14 1 1 KAREN O CRIM P00368385 9372980201 2025-11-14 2024 2025-03-06 01:10:19Z PHILIP MORRIS 432 STATE ST SCHENECTADY NY 12305 477476 0 X WWW.UNIVERSALPRESERVATIONHALL.ORG X 2002 NY 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. 17 17 8 140 0 0 413819 455998 0 0 6 3 10281 21475 424106 477476 0 0 0 0 355872 399497 0 0 138560 337753 280685 693625 680182 -269519 -202706 12714656 12519485 2053183 2056161 10661473 10463324 X 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. 0 0 347800 0 11475 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. 347800 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTOPHER MUSTO 5183823884 432 STATE ST SCHENECTADY NY 12305 KATHLEEN FYFE PRESIDENT 1.00 1.00 X X 0 0 0 BETH FECTEAU VICE PRESIDENT 1.00 1.00 X X 0 0 0 ROBERT EGIELSKI TREASURER 1.00 0.00 X X 0 0 0 RACHEL DUNN SECRETARY 1.00 0.00 X X 0 0 0 SONNY BONACIO TRUSTEE 1.00 0.00 X 0 0 0 STEVEN BOXLEY TRUSTEE 1.00 0.00 X 0 0 0 ROB COUGHLIN TRUSTEE 1.00 0.00 X 0 0 0 BRIAN CUNEO TRUSTEE 1.00 0.00 X 0 0 0 CARMINE DECRESCENTE TRUSTEE 1.00 0.00 X 0 0 0 REVEREND ROSE DURR TRUSTEE (UNTIL 1/1/24) 1.00 0.00 X 0 0 0 TONY IANNIELLO TRUSTEE 1.00 0.00 X 0 0 0 JOHN KARCHER TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN KYNE TRUSTEE 1.00 0.00 X 0 0 0 TODD LAROCHE TRUSTEE 1.00 0.00 X 0 0 0 MARGARET MOUNT TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL PHINNEY TRUSTEE 1.00 0.00 X 0 0 0 JASON TEPPER TRUSTEE 1.00 0.00 X 0 0 0 HELEN WATSON TRUSTEE 1.00 0.00 X 0 0 0 ANITA WORTH TRUSTEE (UNTIL 1/1/24) 1.00 0.00 X 0 0 0 PHILIP MORRIS CHIEF EXECUTIVE OFFICER 1.00 42.00 X 0 363696 11723 CHRISTOPHER MUSTO CHIEF FINANCIAL OFFICER 1.00 42.00 X 0 133045 6760 0 496741 18483 0 0 1 0 0 73346 40000 342652 455998 3 3 10000 73346 0 10000 10000 DEVELOPER FEE REVENUE 561499 11475 11475 11475 477476 11475 0 10003 X 327592 194216 97238 36138 2656 1575 788 293 44309 26269 13152 4888 24940 14786 7403 2751 2925 2925 117205 42936 33212 41057 10691 7178 2347 1166 2705 1075 1630 87 56 21 10 642 415 153 74 92638 58371 33688 579 64 46 18 FUNDRAISING EXPENSES 50751 50751 HOSPITALITY 2977 877 1247 853 680182 347800 193822 138560 92530 17477 665202 617152 1009 3980 1247 2322 29259 33816 11225233 11844738 700176 0 12714656 12519485 265679 309599 1337504 1267833 450000 478729 2053183 2056161 X 10316759 10463324 344714 0 10661473 10463324 12714656 12519485 -202706 4557 0 X 0 1 X 1 1 1 X 303789 2419891 664683 413819 455998 4258180 303789 2419891 664683 413819 455998 4258180 136028 4122152 366 21876 5145 6 3 27396 10000 10000 11813 32475 11475 11475 11475 78713 4374289 0.94240 0.55390 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: DEVELOPER FEE REVENUE - 2020 AMOUNT: $ 11,475. 2021 AMOUNT: $ 11,475. 2022 AMOUNT: $ 11,475. 2023 AMOUNT: $ 11,475. 2024 AMOUNT: $ 11,475. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 338. EMPLOYEE RETENTION CREDIT - 2021 AMOUNT: $ 21,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN UPH SARATOGA MANAGER, LLC 11844738 C 11844738 UPH INTERCOMPANY PAYABLE 478729 478729 X PART X, LINE 2: THE FASB PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2024, MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS. SHAKEN & STIRRED 83346 73346 10000 83346 73346 10000 10000 0 0 0 0 0 0 0 0 0 PHILIP MORRIS CHIEF EXECUTIVE OFFICER 0 363696 0 0 0 0 0 10911 0 812 0 375419 0 0 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. FORM 990, PART VI, SECTION A, LINE 6 THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. IS THE SOLE MEMBER OF SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL. FORM 990, PART VI, SECTION A, LINE 7A THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. ("ACTS") IS THE SOLE MEMBER OF SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL ("UPH"). THE ACTS BOARD HAS THE POWER TO APPOINT THE PRESIDENT OF THE UPH BOARD. MEMBERS OF THE UPH BOARD ARE NOMINATED BY ACTS' GOVERNANCE COMMITTEE AND ELECTED BY THE ACTS' BOARD, RECOGNIZING CANDIDATE RECOMMENDATIONS FROM UPH'S BOARD. VACANCIES ON THE UPH BOARD MAY BE FILLED BY APPOINTMENT BY THE ACTS' BOARD FOR TERMS LASTING UNTIL THE NEXT ANNUAL MEETING. OFFICER APPOINTMENTS TO THE UPH BOARD ARE SUBJECT TO APPROVAL BY ACTS' BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ARTS CENTER AND THEATRE OF SCHENECTADY, INC. ("ACTS") IS THE SOLE MEMBER OF SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL ("UPH"). THE ACTS BOARD HAS THE POWER TO APPOINT THE PRESIDENT OF THE UPH BOARD. MEMBERS OF THE UPH BOARD ARE NOMINATED BY ACTS' GOVERNANCE COMMITTEE AND ELECTED BY THE ACTS' BOARD, RECOGNIZING CANDIDATE RECOMMENDATIONS FROM UPH'S BOARD. VACANCIES ON THE UPH BOARD MAY BE FILLED BY APPOINTMENT BY THE ACTS' BOARD FOR TERMS LASTING UNTIL THE NEXT ANNUAL MEETING. OFFICER APPOINTMENTS TO THE UPH BOARD ARE SUBJECT TO APPROVAL BY ACTS' BOARD. AMENDMENTS TO UPH'S BY-LAWS ARE SUBJECT TO APPROVAL BY ACTS' BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND DIRECTORS ANNUALLY SIGN AND UPDATE THEIR CONFLICT OF INTEREST DISCLOSURE FORMS. IF A BOARD OR STAFF MEMBER HAS A CONFLICT, IT IS DISCLOSED TO THEIR ATTORNEY AND THE EXECUTIVE COMMITTEE AND REVIEWED FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE FILING ORGANIZATION DOES NOT COMPENSATE ITS CHIEF EXECUTIVE OFFICER; INSTEAD, HE IS COMPENSATED BY ARTS CENTER & THEATRE OF SCHENECTADY, INC. ("ACTS"), A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE OF ACTS' BOARD REVIEWS YEARLY COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON SERVICE AND THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE IN THE OFFICE DURING NORMAL BUSINESS HOURS, FOR THE SAME PERIOD OF TIME AS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART IX, LINE 11G PERFORMANCE FEES: PROGRAM SERVICE EXPENSES 3,195. MANAGEMENT AND GENERAL EXPENSES 5. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,200. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 39,741. MANAGEMENT AND GENERAL EXPENSES 33,207. FUNDRAISING EXPENSES 41,057. TOTAL EXPENSES 114,005. ARTS CENTER & THEATRE OF SCHENECTADY INC 432 STATE STREET SCHENECTADY NY 12305 141602083 PERFORMING ARTS CENTER NY 501(C)(3) LINE 10 N/A 0 440 STATE STREET 432 STATE STREET SCHENECTADY NY 12305 141797729 COMMUNITY ART NY 501(C)(3) LINE 10 ARTS CENTER & THEATRE OF SCHENECTADY INC 0 CAPITAL REPERTORY COMPANY 432 STATE STREET SCHENECTADY NY 12305 132894677 PROFESSIONAL THEATRE NY 501(C)(3) LINE 10 ARTS CENTER & THEATRE OF SCHENECTADY INC 0 UPH SARATOGA LLC 432 STATE STREET SCHENECTADY NY 12305 823760857 HOLDING COMPANY NY UPH SARATOGA MANAGER LLC RELATED 0 0 THEREP LLC 432 STATE STREET SCHENECTADY NY 12305 823743179 HOLDING COMPANY NY N/A 0 0 PT REDEVELOPMENT MANAGER LLC 432 STATE STREET SCHENECTADY NY 12305 203849194 MANAGE COMPLIANCE OPER OF PTR NY N/A C 0 UPH SARATOGA MANAGER LLC 432 STATE STREET SCHENECTADY NY 12305 823777175 MANAGE COMPLIANCE OPER OF UPH SARATOGA NY SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL C 42023 10285869 1.00000 1 THEREP MANAGER LLC 432 STATE STREET SCHENECTADY NY 12305 823729615 MANAGE COMPLIANCE OPER OF THEREP NY N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0