EIN 23-7356019

Palace Theatre Trust

IRS 501(c) type
501(c)(3)
Num. employees
84
Year formed
1974
Most recent tax filings
2022-06-01
Description
The Palace Theatre Trust enriches the region's cultural life and serves as a community resource through its stewardship of the historic Palace Theatre. It provides a broad range of live, high quality, professional and community performances, as well as educational opportunities for patrons, artists, children and people of all ages. Its in-house produced live performances and diverse selection of offerings ensure an exceptional experience for all who attend.
Total revenues
$8,795,217
2022
Total expenses
$5,959,202
2022
Total assets
$15,190,873
2022
Num. employees
84
2022

Program areas at Palace Theatre Trust

Enriching the region's cultural life and offering a diverse selection of extremely high quality live performances and educational opportunities for patrons, artists, children and people of all ages defines the Palace Theatre. From in-house produced live professional musical Theatre, top name presenting entertainment, other non-profit fundraising events and rentals for many community events are all part of what defines the Palace Theatre. Approximately 120,000 patrons attended with over 252 performances and events. Youth performing arts programs are an integral part of the Palace theatre/forever emma studios youth initiatives with over 19,000 children experiencing theatrical productions through participation in vacatio camps, specialized acting companies and vocal, dancing or acting classes. Additionally, more than 900 youth, grades 2-12 performed in a Palace production.

Who funds Palace Theatre Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Norwin S and Elizabeth N Bean FoundationTo Purchase and Install Digital Signage.$50,000
St Mary's BankCharitable Support$32,000
Charter Charitable FoundationRestricted To Non-Operating Expenses$11,500
...and 11 more grants received

Personnel at Palace Theatre Trust

NameTitleCompensation
Peter RamseyChief Executive Officer$188,674
J. Michael PerrellaChair of the Board$0
Mark LapradeTreasurer$0
Doug Blais, PH.D.Secretary$0
Atty. David EbyVice Chair$0

Financials for Palace Theatre Trust

RevenuesFYE 06/2022
Total grants, contributions, etc.$4,461,299
Program services$3,737,676
Investment income and dividends$105,969
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$164,241
Net income from fundraising events$35,375
Net income from gaming activities$101,111
Net income from sales of inventory$189,546
Miscellaneous revenues$0
Total revenues$8,795,217

Form 990s for Palace Theatre Trust

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-10990View PDF
2021-062022-07-11990View PDF
2020-062021-05-25990View PDF
2019-062020-08-25990View PDF
2018-062019-07-23990View PDF
...and 8 more Form 990s

Organizations like Palace Theatre Trust

OrganizationLocationRevenue
Fulton Theatre CompanyLancaster, PA$10,332,604
Washington Performing ArtsWashington, DC$7,819,938
Ogunquit Playhouse FoundationOgunquit, ME$13,533,922
Richmond Performing Arts AllianceRichmond, VA$2,867,489
Geffen PlayhouseLos Angeles, CA$21,063,113
Detroit Opera CompanyDetroit, MI$20,610,976
Newberry Opera House FoundationNewberry, SC$3,673,500
Chemung County Performing ArtsElmira, NY$2,629,293
St. George Theatre RestorationStaten Island, NY$7,703,839
oRPHEUM THEATRE GROUPMemphis, TN$16,107,607
Data update history
January 29, 2024
Updated personnel
Identified 92 new personnel
December 25, 2023
Received grants
Identified 3 new grant, including a grant for $50,000 from Norwin S and Elizabeth N Bean Foundation
September 27, 2023
Received grants
Identified 2 new grant, including a grant for $11,500 from Cogswell Benevolent Trust
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersTheatersCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
80 Hanover St
Manchester, NH 03101
Metro area
Manchester-Nashua, NH
County
Hillsborough County, NH
Website URL
palacetheatre.org/ 
Phone
(603) 668-5588
Facebook page
PalaceTheatreManchester 
Twitter profile
@palacetheatre 
IRS details
EIN
23-7356019
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A61: Performing Arts Centers
NAICS code, primary
711110: Theater Companies and Dinner Theaters
Parent/child status
Independent
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