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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in New York.
- Base
- $163k
- Bonus
- —
- Other
- —
- Benefits
- $22k
- Base
- $174k
- Bonus
- —
- Other
- —
- Benefits
- $912
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Director of Finance Median to 75th percentile | $163k | — | — | $22k | $190k $212k |
Executive Director 75th to 90th percentile | $174k | — | — | $912 | $180k $201k |
Genearl Manager Officer (Unspecified) | — | — | — | — | $130k $145k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 16 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at THE PALACE PERFORMING ARTS CENTER INC equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 8%
from 2022
From $177k in 2022 to $190k in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 8%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE PALACE PERFORMING ARTS CENTER INC
What does the Chief Financial Officer of THE PALACE PERFORMING ARTS CENTER INC earn?
In 2023, the Chief Financial Officer of THE PALACE PERFORMING ARTS CENTER INC received $190,236 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Arts, Culture & Humanities organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at THE PALACE PERFORMING ARTS CENTER INC compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2023 pay of the Chief Financial Officer at THE PALACE PERFORMING ARTS CENTER INC falls between the median and the 75th percentile. In 2023, the highest total compensation at THE PALACE PERFORMING ARTS CENTER INC equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are THE PALACE PERFORMING ARTS CENTER INC's revenue and expenses?
In 2023, THE PALACE PERFORMING ARTS CENTER INC reported $4.6M in total revenue and $3.9M in total expenses on its IRS Form 990.
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