ALBANY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE PALACE PERFORMING ARTS CENTER INC, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.6M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $3.9M left a modest 14% surplus.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,561,436 | $4,216,101 | +0.1% |
| Expenses | $3,903,579 | $4,067,894 | 0.0% |
| Net Income | $657,857 | $148,207 | +3.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEPHEN BABOULIS | CHAIRMAN | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN BENNETT MD | VICE CHAIRMAN | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY STONE | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES BARBA | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| PHILIP CALDERONE | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| THOMAS E D'AMBRA PHD | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| GEORGE R HEARST III | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| MARILYN PENDERGAST | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| DOMINICK PURNOMO | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| HONORABLE RANDOLPH F TREECE | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| WADLER ST JEAN | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| LEOLA EDELIN | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| MARK EAGAN | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| DAN MCCOY | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| HONORABLE KATHY M SHEEHAN | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| ALAN P GOLDBERG | MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| JULIA ELBAUM | DIRECTOR OF FINANCE | 40.00 |
Officer
|
$163,032 | $27,204 | $190,236 |
| DANIEL TAYLOR | GENEARL MANAGER | 40.00 |
Officer
|
$125,560 | $4,638 | $130,198 |
| KEVIN JOHNSON | EXECUTIVE DIRECTOR | 40.00 |
Highest
|
$173,846 | $6,127 | $179,973 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,561,436 | $3,903,579 | $7,995,965 | $657,857 |
| 2023 | $4,216,101 | $4,067,894 | $7,460,484 | $148,207 |
| 2022 | $5,301,344 | $3,421,648 | $7,859,988 | $1,879,696 |
| 2021 | $3,087,630 | $1,078,138 | $5,400,849 | $2,009,492 |
| 2020 | $3,467,210 | $3,682,092 | $3,613,053 | $-214,882 |
| 2019 | $6,455,762 | $7,449,463 | $4,036,097 | $-993,701 |
| 2018 | $6,480,438 | $5,561,359 | $5,037,058 | $919,079 |
Compare THE PALACE PERFORMING ARTS CENTER INC with other nonprofits in New York and across the country.