Palette Masque and Lyre
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Offers community cultural experiences through theatre, art, music, and children's education. For fiscal year 2025 it reported $330K in revenue, $290K in expenses, and $482K in net assets.Pt I
Summary of the Filing
Where the work happens
Season 62 Productions
Seven mainstage shows were produced in Season 62 including HELLO DOLLY!; OUT OF SIGHT, OUT OF MURDER; ROCKY HORROR PICTURE SHOW; A CHRISTMAS CAROL; SHE LOVES ME; MARJORIE PRIME; HAIRSPRAY. 64 total performances were completed of these seven shows attended by 6900 patrons.
Children's Stagestruck Theatre Workshop
During Season 62, PML again expanded the offered children's theatre workshops, opening up to various age groups and timeframes. The experience includes education on acting, singing, dancing, set construction and general performance.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Adam Armstrong’s $45K as Managing Director is at the 39th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 63% | — | — |
| Overhead ratio | 37% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 42% | — | — |
| Legal fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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