EIN 02-0620399

The Palace Theater Group

Name: The Palace Theater Group financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

267

City

Waterbury

State

Connecticut

Year formed

2002

Most recent tax filings

2023-06-01

NTEE code, primary

A61: Performing Arts Centers

Description

The Palace Theater Group generates a positive artistic, cultural, educational, social and financial impact in the greater Waterbury Connecticut area by maintaining the historic Palace Theater. The group achieves this mission through presenting various plays and shows to promote interest in the theatre arts in the community.

Total revenues

$4,864,444

2023

Total expenses

$4,770,377

2023

Total assets

$7,806,972

2023

Num. employees

267

2023

Program areas at The Palace Theater Group

Presentation of various plays and shows to promote interest in The theatre arts in The greater waterbury Connecticut area.

Who funds The Palace Theater Group

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Ion Bank Foundation	2022-12	"2023 Sponsorship"	$20,000
American Savings Foundation	2022-12	Program Grants - Theater Arts Program 2022-23	$11,525
Fidelity Investments Charitable Gift Fund	2022-06	For Grant Recipient's Exempt Purposes	$8,500
...and 8 more grants received

Personnel at The Palace Theater Group

Name	Title	Compensation	Date of data
Frank Tavera	Chief Executive Officer	$217,777	2024-05-01
Dave Flowers	Chief Production Officer		2024-05-01
Progra Dave Flow	Chief Prod		2023-07-25
Meg Luddy	Director of Operational Events		2024-05-01
Sheree Marcucci	Director of Special Projects and Curated Programs		2024-05-01
...and 20 more key personnel

Financials for The Palace Theater Group

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$1,580,674	$4,477,548	-64.7%
Program services	$3,035,196	$2,766,574	9.7%
Investment income and dividends	$63,657	$39,489	61.2%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$-31,607	$-16,751	-88.7%
Net gain from sale of non-inventory assets	$58,081	$85,273	-31.9%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$134,292	$90,424	48.5%
Miscellaneous revenues	$24,151	$1,474	1538.5%
Total revenues	$4,864,444	$7,444,031	-34.7%

Form 990s for The Palace Theater Group

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-03-01	990	View PDF
2022-06	2023-04-05	990	View PDF
2021-06	2022-05-11	990	View PDF
2020-06	2021-04-15	990	View PDF
2019-06	2020-09-01	990	View PDF
...and 9 more Form 990s

Organizations like The Palace Theater Group

Organization	Type	Location	Revenue
Auditorium Theatre of Roosevelt University	501(c)(3)	Chicago, IL	$20,848,062
Washington Performing Arts	501(c)(3)	Washington, DC	$7,819,938
Ordway Center for the Performing Arts	501(c)(3)	Saint Paul, MN	$19,945,450
Proctors	501(c)(3)	Schenectady, NY	$17,988,660
Shea's Performing Arts Center	501(c)(3)	Buffalo, NY	$23,487,181
Connecticut Association for the Performing Arts	501(c)(3)	Columbus, OH	$5,652,871
Northwest Connecticut Association for the Arts	501(c)(3)	Torrington, CT	$3,781,134
Sarasota Performing Arts Center Foundation	501(c)(3)	Sarasota, FL	$4,442,648
Embassy Theatre Foundation	501(c)(3)	Fort Wayne, IN	$5,427,170
Detroit Opera Company	501(c)(3)	Detroit, MI	$20,610,976

Data update history

May 18, 2024

Received grants

Identified 1 new grant, including a grant for $5,430 from American Online Giving Foundation

May 1, 2024

Updated personnel

Identified 7 new personnel

January 24, 2024

Updated personnel

Identified 2 new personnel

October 27, 2023

Updated personnel

Identified 1 new personnel

August 21, 2023

Received grants

Identified 1 new grant, including a grant for $7,356 from The Connecticut Community Foundation

Nonprofit Types

Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersTheatersCharities

Issues

Arts, cultural, and humanities

Characteristics

LobbyingFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations

General information

Address: 100 E Main St; Waterbury, CT 06702
Metro area: New Haven-Milford, CT
Website URL: palacetheaterct.org/
Phone: (203) 346-2000
Facebook page: palace-theater-waterburyct
Twitter profile: @waterburypalace

IRS details

EIN: 02-0620399
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 2002
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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The Palace Theater Group

Program areas at The Palace Theater Group

Who funds The Palace Theater Group

Personnel at The Palace Theater Group

Financials for The Palace Theater Group

Form 990s for The Palace Theater Group

Organizations like The Palace Theater Group

Nonprofits

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