AArts, Culture & HumanitiesEIN: 020620399· Ruling Year: 2004

Palace Theater Group Inc

Waterbury, Connecticut

AHealth Score
88A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.38×
Peer Median210.95×
💰
$4.9M
Total Revenue
📊
$4.8M
Total Expenses
🏦
$6.6M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-34.7%
Year-over-year change (2022 → 2023)
Net Margin
+1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.38
Net assets divided by total expenses
Liabilities-to-Assets
15.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,864,44435%$4,770,3773%$7,806,9729%
2022$7,444,031350%$4,652,409225%$7,137,76738%
2021$1,652,83859%$1,433,66468%$5,172,36525%
2020$4,080,7849%$4,432,47611%$4,128,6433%
2019$4,478,64119%$4,981,53715%$4,251,1919%
2018$5,537,0194%$5,851,80112%$4,684,99811%
2017$5,793,01845%$5,241,16223%$5,282,15124%
2016$3,991,09317%$4,252,94514%$4,251,304
2015$4,822,6817%$4,927,6089%$4,268,4056%
2014$4,493,6822%$4,540,613$4,529,822
2013$4,397,7003%$4,541,2153%$4,548,8048%
2012$4,519,09110%$4,676,7004%$4,213,7234%
2011$5,012,697$4,876,778$4,380,310

Frequently Asked Questions

What does Palace Theater Group Inc do?

Palace Theater Group Inc is a arts, culture & humanities nonprofit organization based in Connecticut. It is classified under NTEE code A61 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palace Theater Group Inc financially healthy?

Based on our 9-metric Financial Health Score model, Palace Theater Group Inc has a score of 88/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Palace Theater Group Inc generate?

Palace Theater Group Inc reports $6.8M in annual revenue and holds $8.1M in total assets, based on IRS filings.

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