Overview

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Est.

1974

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PALACE THEATRE TRUST is a nonprofit focused on education and performing arts, stewarding the historic Palace Theatre to enrich the region’s cultural life through live professional and community performances and educational opportunities for performers and audiences of all ages. In filing year 2025, it reported an operating budget of $7.7M and total revenue of $9.4M, with support from funders including New Hampshire Charitable Foundation, NORWIN S AND ELIZABETH N BEAN FOUNDATION, ST MARY'S BANK CREDIT UNION, Southern New Hampshire University, and COGSWELL BENEVOLENT TRUST.

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
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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 2025, PALACE THEATRE TRUST received grants from THE GREENSPAN FOUNDATION 5223318, ST MARY'S BANK CREDIT UNION, and Bellwether Community Credit Union. 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.