Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
PURPLE CRAYON PRODUCTIONS INC
 
% KATHLEEN DOLAN
Number and street (or P.O. box number if mail is not delivered to street address)C/O RICHARD BACCARI PO BOX 1014
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
YORKTOWN HEIGHTS, NY10598
A Employer identification number

55-0886480
B Telephone number (see instructions)

(802) 457-3500
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$15,381,409J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 322,074
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 158,955 158,955 158,955
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 59,405
b Gross sales price for all assets on line 6a 1,886,962
7 Capital gain net income (from Part IV, line 2)... 59,405
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 160,103   160,103
12 Total. Add lines 1 through 11........ 700,537 218,360 319,058
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 771,204 84,603 432,800 253,801
15 Pension plans, employee benefits....... 285,846 14,293   271,333
16a Legal fees (attach schedule)......... Click to see attachment 3,114 1,557 0 1,557
b Accounting fees (attach schedule)....... Click to see attachment 21,507 10,754 0 10,753
c Other professional fees (attach schedule).... Click to see attachment 47,132 75   47,057
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 56,390 372   50,765
19 Depreciation (attach schedule) and depletion... Click to see attachment 271,804    
20 Occupancy.............. 40,507 20,254   20,253
21 Travel, conferences, and meetings....... 2,493 2,493    
22 Printing and publications.......... 3,494 1,747   1,747
23 Other expenses (attach schedule)....... Click to see attachment 402,307 148,216 53,447 188,341
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,905,798 284,364 486,247 845,607
25 Contributions, gifts, grants paid....... 250 250
26 Total expenses and disbursements. Add lines 24 and 25 1,906,048 284,364 486,247 845,857
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,205,511
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 570,848 277,547 277,547
2 Savings and temporary cash investments......... 313,556 832,916 832,916
3 Accounts receivable bullet0
Less: allowance for doubtful accounts bullet   3,326 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 105,723 6,023 6,023
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,774,946 Click to see attachment3,636,138 3,636,138
c Investments—corporate bonds (attach schedule)....... 3,893,810 Click to see attachment3,329,387 3,329,387
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 17,889 Click to see attachment17,889 17,889
14 Land, buildings, and equipment: basis bullet8,539,809
Less: accumulated depreciation (attach schedule) bullet1,260,445 7,490,914 Click to see attachment7,279,364 7,279,364
15 Other assets (describe bullet) Click to see attachment5,583 Click to see attachment2,145 Click to see attachment2,145
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,176,595 15,381,409 15,381,409
Liabilities 17 Accounts payable and accrued expenses.......... 10,574 8,894
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment11,743 Click to see attachment54,903
23 Total liabilities (add lines 17 through 22)......... 22,317 63,797
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 16,154,278 15,317,612
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 16,154,278 15,317,612
30 Total liabilities and net assets/fund balances (see instructions). 16,176,595 15,381,409
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
16,154,278
2
Enter amount from Part I, line 27a .....................
2
-1,205,511
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
368,845
4
Add lines 1, 2, and 3 ..........................
4
15,317,612
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,317,612
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a ISHARES BROAD USD HIGH P 2019-06-27 2020-03-16
b PUBLICLY TRADED SECURITIES -BOA P   2020-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 71,395   81,859 -10,464
b 1,815,411   1,745,698 69,713
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -10,464
b       69,713
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 59,405
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -10,464
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 0
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see attachment
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletn/a
    14
    The books are in care ofbulletKATHLEEN DOLAN Telephone no.bullet (802) 457-3500

    Located atbullet2095 POMFRET ROADsouth pomfretVT ZIP+4bullet05067
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    kathleen dolan president
    30.0     		0 0 0
    PO BOX 158
    south pomfret,VT05067
    charles dolan vice president
    2.0     		0 0 0
    po box 158
    south pomfret,VT05067
    James L Dolan board member
    2.0     		0 0 0
    PO BOX 158
    south pomfret,VT05067
    Marianne Dolan Weber board member
    2.0     		0 0 0
    PO BOX 158
    south Pomfret,VT05067
    patrick dolan board member
    2.0     		0 0 0
    PO BOX 158
    south Pomfret,VT05067
    Deborah Dolan-Sweeney board member
    2.0     		0 0 0
    PO BOX 158
    south Pomfret,VT05067
    RICHARD BACCARI TREASURER AND SECRETARY
    30.0     		0 0 0
    PO BOX 158
    SOUTH POMFRET,VT05067
    Jason Drebitko Board Member
    2.0     		0 0 0
    PO Box 158
    South Pomfret,VT05067
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    BANK OF AMERICA INVESTMENT ADVISORY 66,139
    PO BOX 830269
    DALLAS,TX75283
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 COMMUNITY ARTS CENTER IN THE WOODSTOCK AREA, PROVIDING & INSPIRING THE ARTS MOVEMENT, THEATRE, MUSIC PROGRAMS WITH YEAR ROUND CLASSES, WORKSHOPS, PRODUCTIONS PERFORMANCES, 1,387,624
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,371,325
    b
    Average of monthly cash balances.......................
    1b
    525,599
    c
    Fair market value of all other assets (see instructions)................
    1c
    17,889
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,914,813
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    7,914,813
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    118,722
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,796,091
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    389,805
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    845,857
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    845,857
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    845,857
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 0
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		845,857 833,650 1,160,281 1,167,358 4,007,146
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		845,857 833,650 1,160,281 1,167,358 4,007,146
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 15,381,409 16,176,595 16,956,642 19,205,312 67,719,958
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 8,539,809 7,490,914 7,332,212 6,643,091 30,006,026
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		259,870 298,839 370,193 443,987 1,372,889
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    KATHLEEN DOLAN
    CHARLES DOLAN
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SPECIAL OLYMPICS VT
    16 GREGORY DRIVE
    SOUTH BURLINGTON,VT05403     		NONE PC PROGRAMS SERVING ATHLETES WITH INTELLECTUAL DISABILITIES GIVING THEM OPPORTUNITIES, FITNESS, COURAGE AND JOY 250
    Total .................................bullet 3a 250
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aART AND MUSIC PROGRAMS         124,722
    bGALLERY INCOME         29,621
    cTICKETS SALES         3,185
    dOTHER INCOME         2,575
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 158,955  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     14    
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 59,405  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   218,360 160,103
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    378,463
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1a Year round workshops and programs in art, music and theatre
    1b Art , sculptures, drawings by students are exhibited
    1c Ticket sales from productions and shows
    1d Other exempt function income
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    PURPLE CRAYON PRODUCTIONS INC
     
    Employer identification number

    55-0886480
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    PURPLE CRAYON PRODUCTIONS INC
          		Employer identification number
    55-0886480
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Dolan family foundation
    c/o marcum llp 10 Melville park rd
     
    melville, NY11747

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    GOVERNMENT GRANT- STATE OF VERMONT
    109 State Street
     
    Pavillon Montpelier, VT05609

    		$ 22,605


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    MR CHARLES DOLAN
    340 CROSSWAYS PARK DRIVE
     
    WOODBURY, NY11797

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    DEBORAH DOLAN-SWEENEY
    C/O DFO 340 CROSSWAYS PARK DRIVE
     
    WOODBURY, NY11797

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    FEDERAL GOVERNMENT GRANT- PPP
    7th and D streets SW
     
    Washington, DC20407

    		$ 191,478


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    Green Mountain Foundation
    PO Box 1014
     
    YORKTOWN HEIGHTS, NY10598

    		$ 25,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    PURPLE CRAYON PRODUCTIONS INC
          		Employer identification number

    55-0886480
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    PURPLE CRAYON PRODUCTIONS INC
          		Employer identification number

    55-0886480
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 21,507 10,754   10,753

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    CHAIRS & TABLES 2008-01-01 2,247 2,247 SL 7        
    SIGNAGE 2011-01-01 3,974 3,574 SL 10 397      
    KILN 2012-01-01 3,777 3,777 SL 7        
    EQUIPMENT 2012-01-01 553 553 SL 7        
    SPEAKER SYSTEM 2012-01-01 1,103 1,103 SL 7        
    COMPUTER 2012-01-01 3,254 3,254 SL 5        
    REFRIGERATOR 2013-01-01 1,400 1,400 SL 7        
    FURNITURE & FIXTUR 2014-09-01 76,950 58,629 SL 7 10,993      
    LAND 2012-01-01 104,994   L          
    BUILDING 2014-09-01 525,269 71,829 SL 39 13,468      
    CAPITAL IMPR- 2012 2014-09-01 68,540 9,371 SL 39 1,757      
    CAPITAL IMPR-2013 2014-09-14 958,220 131,040 SL 39 24,570      
    CAPITAL IMPR-2014 2014-01-01 2,123,341 290,373 SL 39 54,445      
    CAPITAL IMPR-2015 2015-07-01 184,581 21,298 SL 39 4,733      
    BLDG- 231 STAGE R 2015-05-22 390,243 47,028 SL 39 10,006      
    FURNIT & FIXTURES 2015-07-01 17,450 11,218 SL 7 2,493      
    CAPITAL IMPR- 2016 2016-07-01 270,163 24,245 SL 39 6,927      
    BLDG- 43 STAGE RD 2016-08-23 454,326 38,830 SL 39 11,649      
    FURNIT & FIXTURES 2016-07-01 7,646 3,822 SL 7 1,092      
    LAND- 231 STAGE RD 2015-05-22 78,049   L          
    LAND-43 STAGE RD 2016-08-23 90,865   L          
    BLDG- 65 STAGE 2017-07-01 1,408,406 97,805 SL 36 39,122      
    BLDG- 43 STAGE RD 2017-07-01 63,524 4,072 SL 39 1,629      
    FURNIT & FIXTURES 2017-07-01 25,049 8,945 SL 7 3,578      
    EQUIPMENT 2017-07-01 257,047 91,803 SL 7 36,721      
    CAPITAL IMPR- 2018 2018-05-16 11,606 472 SL 39 298      
    BLDG-65 STAGE 2018 2018-01-16 15,067 803 SL 36 419      
    BLDG-65 STAGE 2018 2018-05-09 9,478 439 SL 36 263      
    BLDG-43 STAGE 2018 2018-01-29 17,859 878 SL 39 458      
    BLDG-43 STAGE 2018 2018-02-12 2,970 146 SL 39 76      
    BLDG-43 STAGE 2018 2018-03-14 3,850 181 SL 39 99      
    BLDG-43 STAGE 2018 2018-04-09 27,629 1,239 SL 39 708      
    BLDG-43 STAGE 2018 2018-05-07 69,181 2,957 SL 39 1,774      
    BLDG-43 STAGE 2018 2018-06-12 59,584 2,419 SL 39 1,528      
    BLDG-43 STAGE 2018 2018-07-16 6,400 232 SL 39 164      
    BLDG-43 STAGE 2018 2018-08-28 290,320 9,925 SL 39 7,444      
    BLDG-43 STAGE 2018 2018-09-13 111,686 3,819 SL 39 2,864      
    BLDG-43 STAGE 2018 2018-10-12 213,580 6,845 SL 39 5,476      
    BLDG-43 STAGE 2018 2018-12-03 5,311 147 SL 39 136      
    FURNIT&FIXTURES 18 2018-01-31 41,475 11,356 SL 7 5,925      
    CAPITAL IMPR- 2019 2019-05-30 58,651 877 SL 39 1,504      
    BLDG-65 STAGE 2019 2019-05-25 19,405 314 SL 36 539      
    BLDG-65 STAGE 2019 2019-11-26 17,070 40 SL 36 474      
    BLDG-43 STAGE 2019 2019-01-20 115,774 2,721 SL 39 2,969      
    BLDG-43 STAGE 2019 2019-02-11 6,500 153 SL 39 167      
    BLDG-43 STAGE 2019 2019-03-18 875 17 SL 39 22      
    BLDG-43 STAGE 2019 2019-04-22 8,976 153 SL 39 230      
    BLDG-43 STAGE 2019 2019-05-03 85,843 1,467 SL 39 2,201      
    BLDG-43 STAGE 2019 2019-06-03 38,123 570 SL 39 978      
    BLDG-43 STAGE 2019 2019-07-19 43,457 464 SL 39 1,114      
    BLDG-43 STAGE 2019 2019-08-28 25,038 214 SL 39 642      
    BLDG-43 STAGE 2019 2019-09-03 3,375 29 SL 39 87      
    BLDG-43 STAGE 2019 2019-10-21 1,454 6 SL 39 37      
    EQUIPMENT 2019 2019-05-07 2,018 192 SL 7 288      
    FURNIT&FIXTURES 19 2019-09-06 878 42 SL 7 125      
    EQUIPMENT 2011 2011-01-01 4,000 4,000 SL 7        
    EQUIPMENT 2018 2018-05-25 4,566   SL 7 652      
    EQUIPMENT 2018 2018-05-25 41,151 9,308 SL 7 5,879      
    CAPITAL IMPR.2020 2020-03-01 40,873   SL 39 873      
    WOOD SHOP TOOLS 2020-02-04 4,001   SL 7 524      
    PHONE SYSTEM 2020-03-11 10,814   SL 7 1,287      

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS- SEE STMT A 3,329,387 3,329,387

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PUBLICLY TRADED SEC-SEE STMT A 3,636,138 3,636,138

    TY 2020 InvestmentsOtherSchedule2
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER ASSETS   17,889 17,889

    TY 2020 LandEtcSchedule2
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    CHAIRS & TABLES 2,247 2,247    
    SIGNAGE 3,974 3,971 3  
    KILN 3,777 3,777    
    EQUIPMENT 553 553    
    SPEAKER SYSTEM 1,103 1,103    
    COMPUTER 3,254 3,254    
    REFRIGERATOR 1,400 1,400    
    FURNITURE & FIXTUR 76,950 69,622 7,328  
    LAND 104,994   104,994  
    BUILDING 525,269 85,297 439,972  
    CAPITAL IMPR- 2012 68,540 11,128 57,412  
    CAPITAL IMPR-2013 958,220 155,610 802,610  
    CAPITAL IMPR-2014 2,123,341 344,818 1,778,523  
    CAPITAL IMPR-2015 184,581 26,031 158,550  
    BLDG- 231 STAGE R 390,243 57,034 333,209  
    FURNIT & FIXTURES 17,450 13,711 3,739  
    CAPITAL IMPR- 2016 270,163 31,172 238,991  
    BLDG- 43 STAGE RD 454,326 50,479 403,847  
    FURNIT & FIXTURES 7,646 4,914 2,732  
    LAND- 231 STAGE RD 78,049   78,049  
    LAND-43 STAGE RD 90,865   90,865  
    BLDG- 65 STAGE 1,408,406 136,927 1,271,479  
    BLDG- 43 STAGE RD 63,524 5,701 57,823  
    FURNIT & FIXTURES 25,049 12,523 12,526  
    EQUIPMENT 257,047 128,524 128,523  
    CAPITAL IMPR- 2018 11,606 770 10,836  
    BLDG-65 STAGE 2018 15,067 1,222 13,845  
    BLDG-65 STAGE 2018 9,478 702 8,776  
    BLDG-43 STAGE 2018 17,859 1,336 16,523  
    BLDG-43 STAGE 2018 2,970 222 2,748  
    BLDG-43 STAGE 2018 3,850 280 3,570  
    BLDG-43 STAGE 2018 27,629 1,947 25,682  
    BLDG-43 STAGE 2018 69,181 4,731 64,450  
    BLDG-43 STAGE 2018 59,584 3,947 55,637  
    BLDG-43 STAGE 2018 6,400 396 6,004  
    BLDG-43 STAGE 2018 290,320 17,369 272,951  
    BLDG-43 STAGE 2018 111,686 6,683 105,003  
    BLDG-43 STAGE 2018 213,580 12,321 201,259  
    BLDG-43 STAGE 2018 5,311 283 5,028  
    FURNIT&FIXTURES 18 41,475 17,281 24,194  
    CAPITAL IMPR- 2019 58,651 2,381 56,270  
    BLDG-65 STAGE 2019 19,405 853 18,552  
    BLDG-65 STAGE 2019 17,070 514 16,556  
    BLDG-43 STAGE 2019 115,774 5,690 110,084  
    BLDG-43 STAGE 2019 6,500 320 6,180  
    BLDG-43 STAGE 2019 875 39 836  
    BLDG-43 STAGE 2019 8,976 383 8,593  
    BLDG-43 STAGE 2019 85,843 3,668 82,175  
    BLDG-43 STAGE 2019 38,123 1,548 36,575  
    BLDG-43 STAGE 2019 43,457 1,578 41,879  
    BLDG-43 STAGE 2019 25,038 856 24,182  
    BLDG-43 STAGE 2019 3,375 116 3,259  
    BLDG-43 STAGE 2019 1,454 43 1,411  
    EQUIPMENT 2019 2,018 480 1,538  
    FURNIT&FIXTURES 19 878 167 711  
    EQUIPMENT 2011 4,000 4,000    
    EQUIPMENT 2018 4,566 652 3,914  
    EQUIPMENT 2018 41,151 15,187 25,964  
    CAPITAL IMPR.2020 40,873 873 40,000  
    WOOD SHOP TOOLS 4,001 524 3,477  
    PHONE SYSTEM 10,814 1,287 9,527  


    TY 2020 LegalFeesSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,114 1,557   1,557


    TY 2020 OtherAssetsSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSITS 2,145 2,145 2,145
    UNDEPOSITED FUNDS 3,438 0  


    TY 2020 OtherExpensesSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    THEATRE ARTS & PROD EXPENSE 63,881     63,881
    INVESTMENT MANAGEMENT FEES 66,138 66,138    
    PROGRAM SUPPLIES 31,618   31,618  
    REPAIRS AND MAINTENANCE 22,931 11,465   11,466
    INSURANCE-PROPERTY 12,000 6,000   6,000
    GROUNDS MAINTENANCE 36,114 3,611   32,503
    EVENT EXPENSES 9,964     9,964
    GALLERY EXPENSES 8,052     8,052
    WEBSITE/COMPUTER SERVICES 5,841 1,460   4,381
    TELECOMMUNICATIONS & INTERNET 20,696 15,522   5,174
    OFFICE EQ & SOFTWARE 15,925 15,925    
    INSURANCE-LIABILITY & D & O 41,688 20,844   20,844
    SCHOLARSHIP FUNDING 4,673     4,673
    POSTAGE & MAILING SERVICES 933 924   9
    WORKER COMP INSURANCE 14,886 1,488   13,398
    MERCHANT ACCOUNT FEES 4,424 1,106   3,318
    CLEANING & MAINTENANCE 4,555 1,737   2,818
    OFFICE SUPPLIES 1,904 1,904    
    DUES AND SUBSCRIPTIONS 1,824     1,824
    EDUCATION & TRAINING 36     36
    BANK FEES 92 92    
    MARKETING & ADVERTISING 21,829   21,829  
    DEPT OF LABOR FEES 12,303      


    TY 2020 OtherIncomeSchedule2
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROGRAM FEE INCOME- ART AND MUSIC 124,722   124,722
    GALLERY EXHIBITION 29,621   29,621
    Ticket Sales-Productions 3,185   3,185
    Other Income 2,575   2,575


    TY 2020 OtherIncreasesSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Description Amount
    ADJUSTMENT FOR UNREALIZED GAINS/LOSSES 364,279
    PY ADJUSTMENT TO FIXED ASSETS 4,566


    TY 2020 OtherLiabilitiesSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 2,285 7,538
    SIMPLE IRA PAYABLE 3,938 4,158
    ACCRUED EXPENSES 3,300  
    GIFT CERTIFICATES 2,220 2,995
    PPP LOAN PAYABLE   40,212


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONTRACT SERVICES 46,344     46,344
    PAYROLL SERVICES 788 75   713


    TY 2020 TaxesSchedule
    Name:
    PURPLE CRAYON PRODUCTIONS INC
    EIN:
    55-0886480
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 56,018     50,765
    FOREIGN TAX WITHHOLDING 372 372