Skip to main content
Filing year 2023

THE PALACE THEATER GROUP INC

Waterbury, Connecticut·EIN 02-0620399·NTEE A61 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$6.8M
Total assets
$8.1M
Total expenses
$6.9M
Reported officers
25
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Chief Exec.
Officer (Unspecified)
$218k
$243k
Base
$218k
Bonus
Other
Benefits
Finance Offi
Officer (Unspecified)
$102k
$113k

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 23 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE PALACE THEATER GROUP INC equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
3%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $218k in 2022 to $218k in 2023.

$218k
2022
$218k
2023
In today's dollarsEst.
Down 3% in real terms$252k to $243k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE PALACE THEATER GROUP INC

What are THE PALACE THEATER GROUP INC's revenue and expenses?

In 2023, THE PALACE THEATER GROUP INC reported $6.8M in total revenue and $6.9M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.