Arts At The Palace Inc
- Assets
- $69.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamilton, NY
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 20-5762886
Organization Overview
Arts At The Palace Inc is located in Hamilton, NY. The organization was established in 2007. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts At The Palace Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Arts At The Palace Inc generated $128.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $111.8k during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MISSION IS BEING A COMMUNITY ARTS ORGANIZATION DEDICATED TO PRESENTING, DEVELOPING, AND EXPANDING THE REACH OF THE ARTS WITHIN THE CENTRAL NEW YORK REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Osvaldo Sandoval Leon Board Member | 1 | $0 | |
Debra Forstenzer Board Member | 1 | $0 | |
Bill Butler Board Member | 1 | $0 | |
Anna Labykina Board Member | 1 | $0 | |
Mary Galvez Board Member | 1 | $0 | |
Deb Barker President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,071 |
| Total Program Service Revenue | $41,052 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,832 |
| Other Revenue | $0 |
| Total Revenue | $127,955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,460 |
| Professional fees and other payments to independent contractors | $14,394 |
| Occupancy, rent, utilities, and maintenance | $5,947 |
| Printing, publications, postage, and shipping | $563 |
| Other expenses | $46,479 |
| Total expenses | $111,843 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,206 |
| Other assets | $0 |
| Total assets | $69,379 |
| Total liabilities | $38 |
| Net assets or fund balances | $69,341 |