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The Friends Of The Palace Theater

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 990352607 ✦ Hilo, HI ✦ Designated as a 501(c)(3)

Overview

What is The Friends Of The Palace Theater?

The Friends of the Palace Theater is a nonprofit organization situated in Hilo, Hawaii, specifically at 38 Haili Street. Their primary focus is to offer a diverse range of cultural experiences to the public, encompassing films, plays, hula performances, and concerts. Beyond entertainment, they are committed to restoring a historic building, serving as a preservationist for local heritage. With a staff of 20 dedicated individuals, they strive to contribute culturally and educationally to their community.


Official website here: www.hilopalace.com

Is The Friends Of The Palace Theater legitimate?

The Friends Of The Palace Theater is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Of The Palace Theater submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $58,093
Professional Fundraising Fees: $12,000
Other Salaries and Wages: $180,705

For more financial information, click here


Official website here: www.hilopalace.com

What is the mission statement of The Friends Of The Palace Theater?

The Friends of The Palace Theater's mission is centered around two key objectives. Firstly, they aim to organize and present a variety of cultural and educational events for the public, encompassing mediums such as films, plays, hula performances, and concerts. Secondly, they are dedicated to restoring a historic building, preserving its heritage and significance for future generations. This dual focus allows The Friends of The Palace Theater to contribute to both artistic enrichment and historical conservation.


Official website here: www.hilopalace.com

Who is the CEO of The Friends Of The Palace Theater?

Wendy Peskin is the President of The Friends Of The Palace Theater.


Official website here: www.hilopalace.com

What is the revenue of The Friends Of The Palace Theater?

The Friends Of The Palace Theater's revenue in 2022 was $833,414.


Official website here: www.hilopalace.com

Who are the executives of The Friends Of The Palace Theater and what are their salaries?

The average compensation at The Friends Of The Palace Theater during 2022 was $11,940. There are 20 employees and 46 volunteers at The Friends Of The Palace Theater.

Here are 12 key members and their salaries:

    Phillips Payson (Executive Di)
  • Compensation: $52,625
  • Related: $0
  • Other: $5,468

    • Wendy Peskin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Reitzer (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Block (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Starkey Hendricks (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Genevieve Aiona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Peyton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Kimball Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Ruderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Currier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey L Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hilopalace.com

    Where can I find the form 990 for The Friends Of The Palace Theater?

    The The Friends Of The Palace Theater’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hilopalace.com

    Learn more at the official website: www.hilopalace.com

    Mission Statement of The Friends Of The Palace Theater

    The Friends of the Palace Theater, a nonprofit organization, is dedicated to providing both cultural and educational events while restoring a historic building. Their primary mission revolves around the preservation and revitalization of this architectural gem, while simultaneously offering a diverse range of events to the public. These events encompass various forms of entertainment, such as films, plays, hula performances, and concerts, catering to a wide array of interests. By doing so, The Friends of the Palace Theater contributes to the cultural enrichment of its community, fostering an appreciation for the arts and historical preservation.

    Impact

    This information is meant to be a general summary of The Friends Of The Palace Theater. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    The Friends of the Palace Theater in Hilo, HI, make a significant impact by providing cultural and educational events for the public while also working towards the restoration of a historic building. Through their activities such as screenings of films, plays, hula performances, and concerts, they enrich the cultural landscape of the community and offer valuable learning opportunities. Their dedication to preserving and promoting the arts contributes to the overall vibrancy and heritage of the local area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $56
  • Program Service Revenue: $590,117
  • Gross Receipts: $833,414

    • Assets and Liabilities:
  • Total Assets: $1,118,683
  • Total Liabilities: $145,853
  • Net Assets: $972,830
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMISSIONS

    Revenue

    $528,131

    CONCESSIONS

    Revenue

    $61,986

    Organization Details

    Founding Year

    2002

    Principal Officer

    Wendy Peskin

    Main Address

    38 HAILI ST, HILO, HI, 96720

    NTEE Category

    Code: A110 - Arts

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