Illinois · Nonprofit
PALETTE MASQUE AND LYRE
PALETTE MASQUE AND LYRE (Illinois) receives grants from 2 organizations whose IRS filings report $1,062 to it, the largest being AMAZONSMILE FOUNDATION ($548). 2 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $330k
- Funders on record
- 2
- Grants received
- $1k
- Net assets
- $482k
What Palette Masque and Lyre does
Mission
The purposes for which the corporation is organized are: to promote the fine arts by producing plays, art exhibits, music concerts, musical comedies and instructing the same. PM&L, Inc. does not discriminate against any prospective member or participant because of his or her race, color, religion, sex, national origin, ancestry, age, order of protection status, marital status, physical or mental disability, military status, sexual orientation, pregnancy, or unfavorable discharge from military service.
As stated on its FY2025 Form 990.
Programs
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. In addition, thirteen special events were held in the second stage area including standup comedy; improvisation; cabaret; small cast productions. This Program Service expense and revenue includes not only the performances themselves but also program advertising sales and concession sales associated with those performances.
$141,916 spent$256,199 earned by the program78% of program spendingChildren'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. The workshops concluded with several performances of WIZARD OF OZ; ADDAMS FAMILY; SHREK THE MUSICAL; RAPUNZEL. Revenues are generated by workshop fees along with performance ticket sales at a modest $10. The program included 204 workshop participants that performed 26 events with 3016 patrons attending. This program area revenue includes ticket sales for the performances, but also enrollment fees for the children's workshops.
$39,856 spent$39,856 earned by the program22% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $181,772.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $645k to $580k (−10%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 91% · 2022 0% · 2023 0% · 2024 0% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
12% of PALETTE MASQUE AND LYRE’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income fell $254 → $105.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PALETTE MASQUE AND LYRE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PALETTE MASQUE AND LYRE leans on a few funders — its largest provides 52% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PALETTE MASQUE AND LYRE.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
52% of PALETTE MASQUE AND LYRE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $514 that is directly attributable, 100% of it comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $548 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PALETTE MASQUE AND LYRE has grown faster than three-quarters of the 11,634 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025
Organizations like PALETTE MASQUE AND LYRE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
63% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for PALETTE MASQUE AND LYRE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PALETTE MASQUE AND LYRE?
- PALETTE MASQUE AND LYRE (Illinois) receives grants from 2 organizations whose IRS filings report $1,062 to it, the largest being AMAZONSMILE FOUNDATION ($548). 2 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does PALETTE MASQUE AND LYRE have?
- IRS filings report 2 organizations giving $1,062 in grants to PALETTE MASQUE AND LYRE, 2 of which have funded it in more than one year.
- Who is the largest funder of PALETTE MASQUE AND LYRE?
- AMAZONSMILE FOUNDATION is the largest funder on record, with $548 in grants. The full list of funders is on this page.
- How can an organization like PALETTE MASQUE AND LYRE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Palette Masque and Lyre →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing