The Palace Performing Arts Center Inc

Arts & culture organization based in Albany, NY. 106 employees. Exempt under §501(c)(3).

MissionTO 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,

EIN
14-1708151
State
NY
Sector
Arts & culture
Budget band
$2.5M–$5M
Latest filing
TY 2024
Records
2 officers · 6 years

Financial snapshot · TY 2024

$4.9M
Total revenue
$4.6M
Total expenses
$7.8M
Net assets

Financial health · TY 2024

70
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
84
15 months of expenses
Program efficiency
68
77.1% spent on programs
Revenue diversity
47
Mix of program fees, grants & contributions

Leadership compensation

Kevin Johnson
EXECUTIVE DIRECTOR
$206,829
80th percentile vs. peers
Julia Elbaum
DIRECTOR OF FINANCE
$203,454
94th percentile vs. peers

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