THE PALACE PERFORMING ARTS CENTER INC
AI Summary
THE PALACE PERFORMING ARTS CENTER INC is a theater and performing arts nonprofit in Albany, NY, that operates the historic Palace Theater, a 2,800-seat cultural and entertainment venue offering affordable, diverse, quality programming for audiences of all ages, ethnicities, and means. For filing year 2025, it reported an operating budget of $4.6M and total revenue of $4.9M; among its top funders are ALBANY FOOD AND WINE FESTIVAL INC ($151.1K, 2025), UPSTATE THEATER COALITION FOR A FAIRGAME INC ($119.7K, 2024), and THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC ($113K, 2023).
Mission Statement
TO OPERATE THE HISTORIC PALACE THEATER A 2,800-SEAT CULTURAL AND ENTERTAINMENT FACILITY THAT IS LOCATED IN ALBANY, NY. THE ORGANIZATION WORKS TO ORGANIZE CULTURAL AND ENTERTAINMENT EVENTS PRESENTING AFFORDABLE, DIVERSE, QUALITY, POPULAR PERFORMING ARTS FOR PEOPLES OF ALL AGES, ETHNICITIES AND MEANS.
Cause Areas
2
Performing arts
Theater
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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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- 22 funders
- 46 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is THE PALACE PERFORMING ARTS CENTER INC’s budget?
In 2025, THE PALACE PERFORMING ARTS CENTER INC reported an annual operating budget of around $4.6 million. More detailed financial information is available to registered users.
What causes does THE PALACE PERFORMING ARTS CENTER INC support?
THE PALACE PERFORMING ARTS CENTER INC supports work in Performing arts and Theater.
Where does THE PALACE PERFORMING ARTS CENTER INC operate?
THE PALACE PERFORMING ARTS CENTER INC is headquartered in Albany, NY.
Who funded THE PALACE PERFORMING ARTS CENTER INC recently?
In 2024, THE PALACE PERFORMING ARTS CENTER INC received grants from UPSTATE THEATER COALITION FOR A FAIRGAME INC, ALBANY FOOD AND WINE FESTIVAL INC, and THE PETER AND ELIZABETH C TOWER FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE PALACE PERFORMING ARTS CENTER INC received in 2024?
The largest grant to THE PALACE PERFORMING ARTS CENTER INC in 2024 exceeds $31 thousand.
What is THE PALACE PERFORMING ARTS CENTER INC’s reliance on government grants?
THE PALACE PERFORMING ARTS CENTER INC relied on government grants for more than 5% of their total revenue in 2025.