The Palace Theatre Center Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 73,652 | 18,799 | 54,853 | 63.1 | — |
| 2019 | 39,463 | 23,508 | 15,955 | 58.6 | — |
| 2020 | 32,023 | 17,825 | 14,198 | 86.9 | — |
| 2021 | 31,425 | 32,736 | −1,311 | 46.8 | — |
| 2022 | 73,585 | 37,801 | 35,784 | 51.9 | — |
In its most recent public year (2022), this organization brought in $35,784 more than it spent. Its reserves stood at about 51.9 months of spending, down from 63.1 in 2018.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Palace Theatre Center Incorporated's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works