EIN 23-7356019

Palace Theatre Trust

IRS 501(c) type
501(c)(3)
Num. employees
85
Year formed
1974
Most recent tax filings
2023-06-01
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
$6,859,427
2023
Total expenses
$6,470,757
2023
Total assets
$17,432,567
2023
Num. employees
85
2023

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
St Mary's BankCharitable Support$32,000
St Mary's Bank Charitable FoundationCharitable Support$30,000
Samuel P Hunt FoundationPurchase & Installation of Security System$16,000
...and 13 more grants received

Personnel at Palace Theatre Trust

NameTitleCompensation
Peter RamseyChief Executive Officer$207,875
Leo CapilloBoard Member
Mark LapradeTreasurer$0
Doug BlaisSecretary$0
J. Michael PerrellaChair of the Board$0

Financials for Palace Theatre Trust

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,487,331
Program services$4,714,989
Investment income and dividends$150,122
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$45,311
Net income from fundraising events$72,298
Net income from gaming activities$101,379
Net income from sales of inventory$287,668
Miscellaneous revenues$329
Total revenues$6,859,427

Form 990s for Palace Theatre Trust

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-10990View PDF
2021-062022-07-11990View PDF
2020-062021-05-25990View PDF
2019-062020-08-25990View PDF
...and 9 more Form 990s
Data update history
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 7, 2024
Updated personnel
Identified 6 new personnel
July 15, 2024
Received grants
Identified 5 new grant, including a grant for $30,000 from St Mary's Bank Charitable Foundation
July 13, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $11,500 from Charter Charitable Foundation
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 donationsAccepts online 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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