Arts At The Palace Inc
- Assets
- $61.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamilton, NY
- Founding
- 08/2007
- Data as of
- 12/2021
- 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 12/2021, Arts At The Palace Inc generated $137.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $124.6k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 6 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
2021
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 |
|---|---|---|---|
Elizabeth Douglas Executive Director | 24 | $28,800 | |
Kathleen Catania Board Member | 1 | $0 | |
Angela Carrizosa Aparicio Board Member | 1 | $0 | |
Debra Forstenzer Board Member | 1 | $0 | |
Michelle Puetz Board Member | 1 | $0 | |
Anna Labykina Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,553 |
| Total Program Service Revenue | $9,505 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,200 |
| Total Revenue | $137,258 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,350 |
| Professional fees and other payments to independent contractors | $12,587 |
| Occupancy, rent, utilities, and maintenance | $6,973 |
| Printing, publications, postage, and shipping | $4,397 |
| Other expenses | $66,333 |
| Total expenses | $124,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,815 |
| Other assets | $0 |
| Total assets | $61,459 |
| Total liabilities | $25,393 |
| Net assets or fund balances | $36,066 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arts At The Palace Inc has recieved totaling $1,029.
| Awarding Organization | Amount |
|---|---|
Jacob And Minnie Kliman Charitable Foundation Hamilton, NY PURPOSE: TO ASSIST WITH EXEMPT PURPOSE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |