AArts, Culture & HumanitiesEIN: 237456843· Ruling Year: 1975

Palace Cultural Arts Association

Marion, Ohio

B+Health Score
67B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org4.35×
Peer Median210.95×
💰
$1.5M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$7.1M
Net Assets
📋
$158K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-26.0%
Year-over-year change (2022 → 2023)
Net Margin
-10.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.35
Net assets divided by total expenses
Liabilities-to-Assets
2.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,467,55926%$1,626,93616%$7,228,4627%
2022$1,982,42354%$1,403,531114%$7,805,5409%
2021$1,288,77621%$655,92551%$7,154,16614%
2020$1,634,83633%$1,331,2525%$6,267,4175%
2019$1,232,6705%$1,405,3099%$5,968,3034%
2018$1,179,487$1,289,0191%$6,201,0404%
2017$1,178,60038%$1,300,0349%$6,452,9993%
2016$1,888,5639%$1,189,09717%$6,628,89718%
2015$1,731,58249%$1,014,8804%$5,605,45412%
2014$1,161,84525%$978,7604%$5,015,680
2013$932,8402%$945,5527%$5,036,3453%
2012$952,6465%$1,018,2983%$5,196,9884%
2011$1,000,155$1,053,907$5,433,311

Frequently Asked Questions

What does Palace Cultural Arts Association do?

Palace Cultural Arts Association is a arts, culture & humanities nonprofit organization based in Ohio. It is classified under NTEE code A610 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palace Cultural Arts Association financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Palace Cultural Arts Association.

How much revenue does Palace Cultural Arts Association generate?

Palace Cultural Arts Association reports $1.3M in annual revenue and holds $7.2M in total assets, based on IRS filings.

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