Question 1

What is the mission of THE PALACE THEATRE WATFORD LIMITED?

Accepted Answer

The Charitable Objects of The Palace Theatre Watford are to promote, maintain, improve and advance education by the encouragement of the Arts, including the Arts of Drama, Mime, Dancing, Singing and Music, Design and Dramatic Writing

Question 2

What is the financial size of THE PALACE THEATRE WATFORD LIMITED?

Accepted Answer

THE PALACE THEATRE WATFORD LIMITED is classified as a large charity. In the latest financial year, they reported a total income of £2,032,931 and total expenditure of £3,465,725.

Question 3

How does THE PALACE THEATRE WATFORD LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of THE PALACE THEATRE WATFORD LIMITED?

Accepted Answer

THE PALACE THEATRE WATFORD LIMITED employs 59 staff members and is supported by 15 volunteers.

Question 5

Does THE PALACE THEATRE WATFORD LIMITED receive government funding?

Accepted Answer

Yes. Approximately 52.4% of their income comes from government grants or contracts.

Question 6

Does THE PALACE THEATRE WATFORD LIMITED pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

THE PALACE THEATRE WATFORD LIMITED

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