Overview

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Est.

2003

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CORSICANAS PALACE THEATRE is a theater and performing arts nonprofit based around an early 1920s-style venue, presenting a variety of professional musical artists, vocalists, instrumentalists, and musicals to the public each year. For filing year 2025, it reported an operating budget of $269.7K and total revenue of $381.3K, with support from funders including TR UW J N EDENS JR, KATHERINE C CARMODY CHARITABLE TUW, and ANNIE L ROBBINS CHARITABLE TRUST.

Mission Statement

THE PALACE THEATRE OFFERS TO THE PUBLIC ON AN ANNUAL BASIS A VARIETY OF PROFESSIONAL MUSICAL ARTISTS IN AN EARLY 1920S STYLE THEATRE. ALL TYPES OF VOCALISTS, INSTRUMENTALS AND MUSICALS ARE PRESENTED
Revenues
$303.9K
Expenses
$261.4K
Net Income:
+$42.5K
Assets
$54.5K
Liabilities
$85.4K
Net Assets:
-$30.9K
Operating Budget
$261.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
S
Sandra Huffman
Board Member
K
Kay Cook
Board Member
T
Tim Brady
Board Member
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  • 2 funders
  • 22 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CORSICANAS PALACE THEATRE’s budget?
In 2024, CORSICANAS PALACE THEATRE reported an annual operating budget of around $261 thousand. More detailed financial information is available to registered users.
What causes does CORSICANAS PALACE THEATRE support?
CORSICANAS PALACE THEATRE supports work in Theater and Performing arts.
Where does CORSICANAS PALACE THEATRE operate?
CORSICANAS PALACE THEATRE is headquartered in CORSICANA, TX.
Who funded CORSICANAS PALACE THEATRE recently?
In 2023, CORSICANAS PALACE THEATRE received grants from TR UW J N EDENS JR, TR UW J N EDENS JR, and ANNIE L ROBBINS CHARITABLE TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant CORSICANAS PALACE THEATRE received in 2023?
The largest grant to CORSICANAS PALACE THEATRE in 2023 exceeds $10 thousand.
What is CORSICANAS PALACE THEATRE’s reliance on government grants?
CORSICANAS PALACE THEATRE relied on government grants for more than 60% of their total revenue in 2024.