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Palace Theatre Performing Arts Center, Inc.

Palace Theatre Performing Arts Center, Inc.

Albany, NY 12207
Tax ID14-1708151

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About this organization

Revenue

$6,455,762

Expenses

$7,449,463

Mission

The Palace Performing Arts Center brings world-class arts and entertainment to the Capital Region, enhancing the area’s cultural and economic development. A broad range of performances is presented in our historic Palace Theatre. The Palace Performing Arts Center is committed to diverse programming, local partnerships, and collaborations, and serving as a community center for downtown Albany. We work to ensure that performing arts experiences are accessible to all members of our community.

About

To operate the Palace Theater and utilize its full potential as a cultural and entertainment center in Albany, NY.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “To operate the palace theater and utilize its full potential as a cultural and entertainment center in albany, ny.”.

When detailing its duties, they were outlined as: “To operate the palace theater and utilize its full potential as a cultural and entertainment center in albany, ny.”.

  • The non-profit's state of operation has been legally reported as NY.
  • According to the latest filing, the non-profit's address in 2020 is 715 NORTH PEARL STREET, ALBANY, NY, 12204.
  • The non-profit's form for the year 2020 reports a total of 143 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$993,701.
  • The CEO compensation policy within the organization is established through an impartial evaluation and approval.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 15 independent voting members.
  • The organization was formed in 1988.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $1,724,808 in salary, compensation, and benefits to its employees.
  • The organization pays $295,158 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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