85
Palace Performing Arts Center Inc
Arts & Culture · Albany, New York
19 Clinton Ave, Albany, NY 12207-2211
EIN: 141708151· Founded: Oct 1989· 37 years active· Filing Year: 2023
Annual Revenue
$4.2M
Total Expenses
$4.1M
Total Assets
$7.5M
Program Spending
94%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$155K
3.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$879K
Total Payroll
$1.0M
25% of total expenses
Where the Money Goes
94%
Programs: 94%
Payroll: 25%
Other overhead: 6%
Program Revenue$3.8M (91%)
Total Expenses$4.1M (96%)
Payroll$1.0M (25%)
Overhead (non-program)6%
Trust Score Breakdown
Program Spending Ratio
94% of expenses go to programs
Revenue & Stability
$4.2M annual revenue
Executive Compensation
$155K total officer comp (3.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$7.5M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.