NonprofitsPalace Performing Arts Center Inc

Arts, Culture & Humanities

Palace Performing Arts Center Inc

ALBANY, NY

Total revenue

$4.9M

Total expenses

$4.6M

Net assets

$5.7M

Grants received

$307K

20 grants

EIN

141708151

Tax year

2024

Mission

To operate the historic palace theater a 2,800-seat cultural and entertainment facility that is located in albany, ny. The organization works to organize cultural and entertainment events presenting affordable, diverse, quality, popular performing arts for peoples of all ages, ethnicities and means.

Financials

FY 2024

Revenue

Contributions & grants$484K
Program service revenue$4.3M
Investment income$191K
Other revenue$2K
Total revenue$4.9M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising$36K
Other expenses$3.3M
Total expenses$4.6M
Total assets$7.8M
Net assets$5.7M

People

20 listed

NameRoleCompensation

JULIA ELBAUM

DIRECTOR OF FINANCE

Board

$161K

40 hrs/wk

JAMES BARBA

MEMBER

Board

2 hrs/wk

THOMAS E D'AMBRA PHD

MEMBER

Board

2 hrs/wk

GEORGE R HEARST III

MEMBER

Board

2 hrs/wk

MARILYN PENDERGAST

MEMBER

Board

2 hrs/wk

DOMINICK PURNOMO

MEMBER

Board

2 hrs/wk

HONORABLE RANDOLPH F TREECE

MEMBER

Board

2 hrs/wk

WADLER ST JEAN

TREASURER

Board

2 hrs/wk

LEOLA EDELIN

MEMBER

Board

2 hrs/wk

STEPHEN BABOULIS

CHAIRMAN

Board

2 hrs/wk

DAN MCCOY

MEMBER

Board

2 hrs/wk

HONORABLE KATHY M SHEEHAN

MEMBER

Board

2 hrs/wk

ALAN P GOLDBERG

CHAIRMAN EMERITUS

Board

2 hrs/wk

JONATHAN SCHERZER

MEMBER

Board

2 hrs/wk

APRIL J ULRICH

MEMBER

Board

2 hrs/wk

CHARLES PINCKNEY

MEMBER

Board

2 hrs/wk

CHRISTINE C VAUGHAN

MEMBER

Board

2 hrs/wk

MARK EAGAN

MEMBER

Board

2 hrs/wk

JOHN BENNETT MD

VICE CHAIRMAN

Board

2 hrs/wk

KEVIN JOHNSON

EXECUTIVE DIRECTOR

Staff

$177K

40 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$31K
SUPPORT OF THE ARTS
2024
$25K
GRANT AWARDED PER THE RECOMMENDATION OF A DONOR ADVISOR AND APPROVED BY CFGCR FOR THE COMMUNITY ENGAGEMENT INITIATIVE
2023
$22K
SUPPORT OF THE ARTS
2023
$19K
GENERAL SUPPORT
2023
$50K
ARTS AND CULTURE
2022
$12K
SUPPORT OF THE ARTS
2022
$10K
PALACE THEATRE'S COMMUNITY ENGAGEMENT INITIATIVE
2022
$250
PROGRAM/OPERATING SUPPORT
2022
$25K
DONATION
2021
$10K
GENERAL SUPPORT/CAPITAL CAMPAIGN
2021
$9K
GENERAL SUPPORT
2021
$26K
DONATION
2020
$12K
SUPPORT OF THE ARTS
2020
$7K
COMMUNITY CARE FUND INVESTMENT AND/OR DONOR DESIGNATION
2020
$20K
For grant recipient's exempt purposes
2018
$8K
COMMUNITY CARE FUND INVESTMENT AND/OR DONOR DESIGNATION
2018
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$307K from 12 funders · 20 grants · 2017–2024

Upstate Theater Coalition

$76K · 4 grants · 2020–2024

Wsb Family Foundation

$51K · 2 grants · 2020–2021

The Ayco Charitable Foundation

$50K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$30K · 2 grants · 2017–2018

Albany Food And Wine Festival Inc

$28K · 2 grants · 2021–2023

United Way Of The Greater Capital Region

$14K · 2 grants · 2018–2020

Price Chopper's Golub Foundation

$10K · 1 grant · 2021

Details

EIN141708151
NTEE codeA61Z
Subsection03
Ruling date1989-10
Formed1988
Employees106
Volunteers110
PALACE PERFORMING ARTS CENTER INC — Mission, Financials & Grants Received | Grantivo