Public Charity

THE PALACE THEATER GROUP INC

Based in WATERBURY, CT, THE PALACE THEATER GROUP INC operates as a Public Charity. The organization reported $5.7M in revenue, $6.3M in expenses, $7.7M in total assets for fiscal year 2025. Imperigo tracks 30 reported grant relationships connected to this organization totaling approximately $385K.

EIN: 020620399 WATERBURY, CT Performing Arts Centers NTEE: A61 Latest filing: 2025
Total Revenue$5.7M
Total Expenses$6.3M
Total Assets$7.7M
Grant Records30
Funding Total$385K
Filing Years2021–2025

Mission

THE PALACE THEATER GROUP'S MISSION IS TO GENERATE A POSITIVE ARTISTIC, CULTURAL, EDUCATIONAL,SOCIAL AND FINANCIAL IMPACT IN THE GREATER WATERBURY CONNECTICUT AREA BY MAINTAINING THE PALACE THEATER. TO PRESERVE AND OPERATE THE HISTORIC PALACE THEATER AS A PERFORMING ARTS CENTER AND COMMUNITY GATHERING PLACE THAT PROVIDES A FOCAL POINT OF CULTURAL ACTIVITY AND EDUCATIONAL OUTREACH FOR DIVERSE AUDIENCES.

Where $100 goes at The Palace Theater Group Inc

How The Palace Theater Group Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$84 Programs the work itself
$10 Management running the organization
$6 Fundraising raising the next dollar

Inside the $84 for programs

$84
Presentation of various plays and shows to promote interest in the theatre arts in the greater Waterbury connecticut area
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
COMMUNITY SERIES AT THE PALACE THEATER AND FUNDING ASSISTANCE FOR THEATER FEASIBILITY STUDY
$45,992
$51,773
2024
2024 GIVE LOCAL CAMPAIGN
$24,033
2024
For grant recipient's exempt purposes
$17,200
$6,305

Showing up to 5 of 30 total records — full history available with membership.

Officers & Directors

DIRECTOR Belinda Weaver
DIRECTOR Beth Devino
DIRECTOR Carolyn Highsmith
DIRECTOR Christopher Rempfer
DIRECTOR Dave Martin
SECRETARY Dora Bennett

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$220,668 18 grants
Arts & Culture
$98,174 7 grants
Unspecified
$66,447 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.7M $6.3M $7.7M
2024 $6.8M $6.9M $8.1M
2023 $4.9M $4.8M $7.8M
2022 $7.4M $4.7M $7.1M
2021 $1.7M $1.4M $5.2M

Between 2021 and 2025, reported annual revenue grew from $1.7M to $5.7M (+245%), with total assets most recently reported at $7.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE PALACE THEATER GROUP INC

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