PALACE THEATRE TRUST

PALACE THEATRE TRUST

MANCHESTER, NH, US
501(c)(3)
EIN
23-7356019

PALACE THEATRE TRUST

MANCHESTER, NH, US
501(c)(3)
EIN
23-7356019

Overview

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Est.

1974

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Palace Theatre Trust, identified by EIN 23-7356019, is a nonprofit organization dedicated to enriching the cultural life of its region through the stewardship of the historic Palace Theatre. With an operating budget of $7.1 million and total revenue of $6.9 million for the 2024 filing year, the organization provides a diverse range of high-quality live performances and educational opportunities for audiences and performers of all ages. The Trust does not rely on a single funder for 50% or more of its revenue, ensuring a broad base of support for its mission. For more information, visit www.palacetheatre.org.

Mission Statement

TO ENRICH THE REGION'S CULTURAL LIFE AND SERVE AS A COMMUNITY RESOURCE THROUGH ITS STEWARDSHIP OF THE HISTORIC PALACE THEATRE. IT DOES SO BY PROVIDING A BROAD RANGE OF LIVE, HIGH QUALITY, PROFESSIONAL AND COMMUNITY PERFORMANCES, AS WELL AS EDUCATIONAL OPPORTUNITIES FOR PERFORMERS AND AUDIENCES OF ALL AGES.
Revenues

$6.9M

Expenses

$7.1M

Net Income:
-$186.9K
Assets

$19.5M

Liabilities

$5.8M

Net Assets:
+$13.7M
Operating Budget

$7.1M

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

10

Median grant size
$10K
Largest grant received
$32.6K
P
Peter Ramsey
Board Member
M
Mark Laprade
Board Member
R
Ron Covey
Board Member

Frequently Asked Questions

What is PALACE THEATRE TRUST’s budget?
In 2024, PALACE THEATRE TRUST reported an annual operating budget of around $7.1 million. More detailed financial information is available to registered users.
What causes does PALACE THEATRE TRUST support?
PALACE THEATRE TRUST supports work in Education and Performing arts.
Where does PALACE THEATRE TRUST operate?
PALACE THEATRE TRUST is headquartered in MANCHESTER, NH.
Who funded PALACE THEATRE TRUST recently?
In 2024, PALACE THEATRE TRUST received grants from ST MARY'S BANK CREDIT UNION, Bellwether Community Credit Union, and New Hampshire Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant PALACE THEATRE TRUST received in 2024?
The largest grant to PALACE THEATRE TRUST in 2024 exceeds $33 thousand.
What is PALACE THEATRE TRUST’s reliance on government grants?
PALACE THEATRE TRUST relied on government grants for less than 5% of their total revenue in 2024.
Overview
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